Hewlett Packard Enterprise Company (NYSE:HPE) Short Interest Update

Hewlett Packard Enterprise Company (NYSE:HPE) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 85,937,917 shares, a growth of 26.3% from the December 15th total of 68,068,856 shares. Based on an average daily trading volume, of 18,857,330 shares, the short-interest ratio is currently 4.6 days. Currently, 6.5% of the company’s shares are sold short. Currently, 6.5% of the company’s shares are sold short. Based on an average daily trading volume, of 18,857,330 shares, the short-interest ratio is currently 4.6 days.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP John F. Schultz sold 148,501 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.99, for a total value of $3,711,039.99. Following the transaction, the executive vice president owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. The trade was a 37.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Maeve C. Culloty sold 35,958 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 over the last three months. Company insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Aberdeen Group plc grew its position in shares of Hewlett Packard Enterprise by 2.1% during the 4th quarter. Aberdeen Group plc now owns 1,979,595 shares of the technology company’s stock worth $47,550,000 after buying an additional 41,593 shares during the period. IVC Wealth Advisors LLC boosted its stake in Hewlett Packard Enterprise by 4.7% during the fourth quarter. IVC Wealth Advisors LLC now owns 28,473 shares of the technology company’s stock worth $684,000 after acquiring an additional 1,291 shares in the last quarter. Kendall Capital Management grew its holdings in Hewlett Packard Enterprise by 1.5% in the fourth quarter. Kendall Capital Management now owns 252,224 shares of the technology company’s stock worth $6,058,000 after purchasing an additional 3,845 shares during the period. Dorato Capital Management bought a new stake in Hewlett Packard Enterprise in the fourth quarter valued at $381,000. Finally, Abacus Planning Group Inc. raised its holdings in shares of Hewlett Packard Enterprise by 2.9% during the fourth quarter. Abacus Planning Group Inc. now owns 31,005 shares of the technology company’s stock valued at $745,000 after purchasing an additional 863 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Price Performance

Shares of Hewlett Packard Enterprise stock traded down $1.29 during midday trading on Tuesday, hitting $20.15. 2,717,293 shares of the company traded hands, compared to its average volume of 16,081,826. The stock has a market cap of $26.89 billion, a price-to-earnings ratio of -335.69, a PEG ratio of 0.59 and a beta of 1.32. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The firm’s fifty day moving average price is $22.92 and its 200-day moving average price is $22.84. Hewlett Packard Enterprise has a 12 month low of $11.97 and a 12 month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. During the same period in the previous year, the business posted $0.58 earnings per share. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, sell-side analysts forecast that Hewlett Packard Enterprise will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.8%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HPE. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Citigroup raised their price objective on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Argus boosted their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Finally, Barclays lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average target price of $25.53.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.