Hewlett Packard Enterprise Company (NYSE:HPE) Sees Large Growth in Short Interest

Hewlett Packard Enterprise Company (NYSE:HPE) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 68,068,856 shares, a growth of 29.7% from the November 30th total of 52,480,971 shares. Based on an average trading volume of 32,493,277 shares, the short-interest ratio is presently 2.1 days. Approximately 5.1% of the company’s stock are sold short. Approximately 5.1% of the company’s stock are sold short. Based on an average trading volume of 32,493,277 shares, the short-interest ratio is presently 2.1 days.

Analyst Ratings Changes

HPE has been the subject of a number of analyst reports. Barclays raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Argus increased their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Citigroup increased their target price on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Finally, Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $25.53.

Hewlett Packard Enterprise Price Performance

Shares of HPE traded down $0.22 during mid-day trading on Thursday, reaching $23.85. The stock had a trading volume of 14,245,390 shares, compared to its average volume of 25,429,524. 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 business has a fifty day moving average of $23.26 and a 200 day moving average of $22.47. The firm has a market cap of $31.83 billion, a price-to-earnings ratio of -397.43, a PEG ratio of 0.66 and a beta of 1.34. 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 announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The company had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. During the same period in the previous year, the firm posted $0.58 EPS. Hewlett Packard Enterprise’s revenue for the quarter 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. Equities analysts predict that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, December 19th. Hewlett Packard Enterprise’s payout ratio is presently -950.00%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 50,061 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $23.70, for a total transaction of $1,186,445.70. Following the completion of the transaction, the senior vice president owned 26,905 shares in the company, valued at approximately $637,648.50. The trade was a 65.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John F. Schultz sold 148,501 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the completion of the sale, the executive vice president owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. This represents a 37.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 585,537 shares of company stock valued at $14,255,864 over the last 90 days. Insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Hedge funds have recently modified their holdings of the stock. TFC Financial Management Inc. raised its position in Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after buying an additional 970 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Hewlett Packard Enterprise by 176.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after acquiring an additional 666 shares during the period. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at about $26,000. CVA Family Office LLC boosted its stake in shares of Hewlett Packard Enterprise by 126.7% in the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after acquiring an additional 803 shares during the last quarter. Finally, Chilton Capital Management LLC acquired a new position in Hewlett Packard Enterprise during the third quarter worth about $30,000. 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.