Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) has received a consensus recommendation of “Hold” from the twenty-one brokerages that are presently covering the company, Marketbeat reports. Twelve research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $25.5294.
HPE has been the subject of a number of research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Morgan Stanley reaffirmed an “equal weight” rating and set a $25.00 target price (down from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Piper Sandler started coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price objective on the stock.
Check Out Our Latest Stock Report on HPE
Hewlett Packard Enterprise Stock Up 2.1%
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same quarter in the prior year, the firm earned $0.58 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% on a year-over-year basis. 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. Equities analysts expect that Hewlett Packard Enterprise will post 1.85 earnings per share for the current year.
Hewlett Packard Enterprise Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were given a dividend of $0.1425 per share. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend and a yield of 2.5%. The ex-dividend date was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -950.00%.
Insider Buying and Selling
In other news, EVP John F. Schultz sold 148,501 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the sale, the executive vice president directly owned 248,091 shares in the company, valued at $6,199,794.09. This trade represents a 37.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.61, for a total value of $3,113,460.32. Following the completion of the transaction, the executive vice president directly owned 51,002 shares of the company’s stock, valued at $1,255,159.22. The trade was a 71.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 585,537 shares of company stock valued at $14,255,864 in the last ninety days. Company insiders own 0.44% of the company’s stock.
Institutional Investors Weigh In On Hewlett Packard Enterprise
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TFC Financial Management Inc. increased its stake in shares of Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after purchasing an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after buying an additional 666 shares during the last quarter. Headlands Technologies LLC acquired a new stake in Hewlett Packard Enterprise in the 2nd quarter worth about $26,000. CVA Family Office LLC increased its stake in Hewlett Packard Enterprise by 126.7% during the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after buying an additional 803 shares in the last quarter. Finally, Chilton Capital Management LLC acquired a new position in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Hewlett Packard Enterprise Company Profile
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.
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