Shares of Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) have been assigned a consensus recommendation of “Hold” from the twenty-one ratings firms that are covering the firm, Marketbeat reports. Twelve analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $25.5294.
HPE has been the subject of several analyst reports. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price objective on the stock. UBS Group raised their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $25.00 price target (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th.
Check Out Our Latest Report on Hewlett Packard Enterprise
Hewlett Packard Enterprise Stock Performance
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. 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. Analysts forecast that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.
Hewlett Packard Enterprise Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were issued a $0.1425 dividend. The ex-dividend date was Friday, December 19th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. Hewlett Packard Enterprise’s dividend payout ratio is currently -950.00%.
Insiders Place Their Bets
In other news, EVP Maeve C. Culloty sold 35,958 shares of Hewlett Packard Enterprise 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Fidelma Russo sold 126,512 shares of the 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 sale, the executive vice president directly owned 51,002 shares of the company’s stock, valued at approximately $1,255,159.22. This represents a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 585,537 shares of company stock valued at $14,255,864 over the last quarter. 0.36% of the stock is owned by insiders.
Institutional Investors Weigh In On Hewlett Packard Enterprise
A number of institutional investors have recently modified their holdings of HPE. Jackson Square Capital LLC increased its stake in shares of Hewlett Packard Enterprise by 15.0% in the fourth quarter. Jackson Square Capital LLC now owns 10,476 shares of the technology company’s stock worth $252,000 after acquiring an additional 1,367 shares during the last quarter. Greenleaf Trust raised its stake in shares of Hewlett Packard Enterprise by 3.8% during the 4th quarter. Greenleaf Trust now owns 19,346 shares of the technology company’s stock worth $465,000 after purchasing an additional 708 shares in the last quarter. Steadtrust LLC acquired a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $592,000. Register Financial Advisors LLC grew its stake in shares of Hewlett Packard Enterprise by 10.2% in the 4th quarter. Register Financial Advisors LLC now owns 22,603 shares of the technology company’s stock valued at $543,000 after buying an additional 2,101 shares in the last quarter. Finally, Apella Capital LLC acquired a new position in Hewlett Packard Enterprise in the fourth quarter worth approximately $387,000. Institutional investors and hedge funds own 80.78% of the company’s stock.
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.
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