Hewlett Packard Enterprise (NYSE:HPE) Upgraded at Daiwa Securities Group

Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise (NYSE:HPE) from a neutral rating to an outperform rating in a research note issued to investors on Friday morning, MarketBeat reports. The firm currently has $75.00 price target on the technology company’s stock.

Several other research firms also recently commented on HPE. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, September 4th. Zacks Research upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Citigroup boosted their price target on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday. Bank of America upped their price target on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Finally, Wells Fargo & Company increased their price objective on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $72.06.

Hewlett Packard Enterprise Trading Up 0.1%

Shares of NYSE:HPE opened at $69.39 on Friday. The firm has a fifty day moving average of $55.81 and a two-hundred day moving average of $43.39. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise has a 12-month low of $19.84 and a 12-month high of $70.29. The firm has a market capitalization of $92.12 billion, a P/E ratio of 36.14, a price-to-earnings-growth ratio of 0.62 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the prior year, the business posted $0.44 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. On average, equities analysts expect that Hewlett Packard Enterprise will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a dividend of $0.1425 per share. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 0.8%. Hewlett Packard Enterprise’s dividend payout ratio is presently 29.69%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the sale, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at $86,573,832.92. This trade represents a 14.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director owned 65,072 shares of the company’s stock, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 301,456 shares of company stock valued at $18,193,758 in the last 90 days. 0.44% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Capital World Investors acquired a new stake in Hewlett Packard Enterprise during the fourth quarter worth about $901,751,000. Elliott Investment Management L.P. raised its holdings in Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after acquiring an additional 8,790,757 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth approximately $773,225,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Hewlett Packard Enterprise by 6.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock worth $590,435,000 after acquiring an additional 756,972 shares during the period. Institutional investors own 80.78% of the company’s stock.

Key Headlines Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE secured a $1.2 billion order from cloud provider Vultr for systems based on AMD’s Helios AI rack platform. The deal is HPE’s first announced Helios order and reinforces its role in supplying high-performance infrastructure for AI data centers. HPE AMD deal coverage
• Positive Sentiment: At its investor event, HPE raised its long-term networking revenue outlook, citing robust AI-related demand across data-center networking, routing, campus and branch infrastructure, and security. Management said demand continues to exceed supply, supporting expectations for sustained growth. HPE raises networking outlook and lands Vultr order
• Positive Sentiment: Several analysts raised their price targets following the investor day and AI order. Citi increased its target to $92 with a Buy rating, while Barclays, Truist and Morgan Stanley also lifted targets and maintained constructive views. The analyst activity has strengthened the bullish case around HPE’s AI and networking growth. Analyst target changes for HPE
• Neutral Sentiment: Analyst opinion remains mixed after HPE’s powerful rally. Piper Sandler reiterated a Hold rating, while UBS and Wells Fargo retained cautious ratings despite raising their targets. Analysts acknowledge HPE’s AI opportunity but warn that much of the expected growth may already be reflected in the stock’s valuation. Piper Sandler maintains Hold rating
• Neutral Sentiment: Executive Vice President Rami Rahim sold 34,456 shares for approximately $2.1 million under a pre-arranged Rule 10b5-1 trading plan. The sale modestly reduced his holdings but is less concerning because he still owns roughly 875,000 shares. SEC insider trading filing

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.