Hewlett Packard Enterprise (NYSE:HPE) CEO Antonio Neri Sells 250,000 Shares of Stock

Hewlett Packard Enterprise Company (NYSE:HPE) CEO Antonio Neri sold 250,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Trading Up 0.6%

NYSE:HPE opened at $55.72 on Wednesday. The stock has a market cap of $73.97 billion, a PE ratio of 29.02, a price-to-earnings-growth ratio of 0.49 and a beta of 1.43. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $64.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The stock’s 50-day moving average is $51.81 and its two-hundred day moving average is $39.64.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period last year, the company posted $0.44 earnings per share. The firm’s quarterly revenue 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. As a group, equities research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.1425 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: Rebound after downgrade: HPE recovered after Evercore ISI cut its rating from Outperform to In Line, with the firm retaining a $65 price target. The rebound suggests investors view the downgrade as a moderation of expectations rather than a fundamental shift in HPE’s outlook. Hewlett Packard Enterprise Rises 4% a Day After Evercore ISI Downgrade
• Positive Sentiment: AI and quantum-computing exposure: A market commentary identified HPE as a potential beneficiary of the convergence between AI infrastructure and quantum computing, supporting the longer-term investment case even as investors debate whether AI spending is slowing. AI Slowdown Fears Rise: Buy NVIDIA, HPE That Connect AI and Quantum
• Positive Sentiment: Supply-chain execution: HPE is working with suppliers and improving forecasting to manage memory constraints, an important factor for maintaining AI-server production and meeting customer demand. HPE Combats Memory Constraints With Supplier Help, Better Forecasting
• Neutral Sentiment: Cloud leadership change: HPE appointed Hitachi Vantara chief Brad Pulfer as its cloud chief in a broader C-suite reshuffle. The move could strengthen execution, but investors may initially view the transition as an uncertainty. HPE C-Suite Shakeup as Hitachi Vantara Chief Takes Cloud CEO Helm
• Negative Sentiment: Analyst caution and insider selling: Evercore’s downgrade followed a roughly 159% year-to-date rally, citing a more balanced risk-reward profile. Separately, CEO Antonio Neri sold 250,000 shares worth approximately $15.1 million under a pre-arranged Rule 10b5-1 plan. The planned nature of the sale reduces its significance, but it may reinforce concerns that the stock’s rapid advance has outpaced near-term fundamentals. Hewlett Packard Enterprise Slides After Evercore ISI Downgrade

Institutional Investors Weigh In On Hewlett Packard Enterprise

Large investors have recently bought and sold shares of the business. Tidal Investments LLC increased its position in Hewlett Packard Enterprise by 552.7% during the second quarter. Tidal Investments LLC now owns 800,103 shares of the technology company’s stock worth $36,093,000 after buying an additional 677,528 shares during the last quarter. BlueCrest Capital Management Ltd lifted its position in shares of Hewlett Packard Enterprise by 105.8% in the second quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company’s stock worth $9,068,000 after buying an additional 103,323 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $13,408,000. SVB Wealth LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $237,000. Finally, Insight Wealth Partners LLC acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $299,000. 80.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Citigroup increased their price objective on Hewlett Packard Enterprise from $74.00 to $76.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Evercore downgraded Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 target price on the stock. in a research note on Monday. Raymond James Financial upped their target price on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. UBS Group reduced their price target on Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating for the company in a report on Thursday, September 3rd. Finally, Susquehanna boosted their price target on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and a consensus price target of $69.18.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.