Hewlett Packard Enterprise (NYSE:HPE) EVP Rami Rahim Sells 34,443 Shares of Company Stock

Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) EVP Rami Rahim sold 34,443 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $58.04, for a total value of $1,999,071.72. Following the completion of the transaction, the executive vice president owned 840,690 shares of the company’s stock, valued at approximately $48,793,647.60. This represents a 3.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rami Rahim also recently made the following trade(s):

  • On Tuesday, September 29th, Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $61.42, for a total value of $2,116,287.52.

Hewlett Packard Enterprise Trading Up 2.3%

Shares of HPE stock opened at $56.73 on Friday. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $73.56. 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 simple moving average is $59.26 and its two-hundred day simple moving average is $47.46. The company has a market cap of $75.30 billion, a PE ratio of 29.54, a price-to-earnings-growth ratio of 0.49 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS. 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. Research analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

Wall Street Analysts Forecast Growth

HPE has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a “buy” rating and a $62.00 price objective on the stock. JPMorgan Chase & Co. raised their target price on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a report on Tuesday, August 25th. Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Bank of America upped their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a report on Monday, August 31st. Finally, Susquehanna reduced their price objective on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $65.44.

Read Our Latest Analysis on HPE

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of HPE. Irenic Capital Management LP bought a new stake in shares of Hewlett Packard Enterprise in the 1st quarter valued at about $18,691,000. Gunderson Capital Management LLC bought a new position in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $15,409,000. Generate Investment Management Ltd bought a new position in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $19,340,000. Sanders Morris Harris LLC purchased a new position in Hewlett Packard Enterprise during the third quarter valued at approximately $1,661,000. Finally, Parkway Wealth Management Group LLC increased its holdings in Hewlett Packard Enterprise by 36.7% during the third quarter. Parkway Wealth Management Group LLC now owns 110,121 shares of the technology company’s stock valued at $7,036,000 after buying an additional 29,551 shares during the period. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

  • Positive Sentiment: Expanded NVIDIA AI relationship supports growth narrative. HPE updated its AI Factory offerings with NVIDIA to provide more secure deployment, governance and operational controls for regulated industries. The companies also announced collaboration with Schneider Electric on industrial AI agents, potentially broadening HPE’s private-cloud AI opportunity. HPE teams with Nvidia to enhance secure AI deployment Schneider Electric, NVIDIA and HPE strategic collaboration
  • Positive Sentiment: HPE outperformed other AI-server stocks. HPE rose more than several peers as investors responded to its AI infrastructure announcements and an upbeat outlook from Super Micro, reinforcing expectations for robust server demand. HPE climbs while AI server peers lag
  • Positive Sentiment: Value-oriented support remains. Zacks characterized HPE as a strong value stock, which may attract investors seeking exposure to AI infrastructure at a valuation viewed as more reasonable than some higher-growth technology names. Why HPE is a strong value stock
  • Neutral Sentiment: Insider selling was disclosed. EVP Rami Rahim sold approximately $2.0 million of HPE shares, reducing his direct holdings by 3.94%. Because the transaction occurred under a Rule 10b5-1 plan, it may carry less negative signaling value than discretionary selling. SEC insider transaction filing
  • Neutral Sentiment: Security remediation highlights product risk and responsiveness. HPE patched eight critical AOS vulnerabilities involving remote code execution and authentication bypass. The fixes reduce customer exposure, although the severity of the flaws could increase scrutiny of HPE security products. HPE patches critical AOS vulnerabilities
  • Negative Sentiment: Barclays lowered its HPE price target from $83 to $77. Although the revised target remains above the current trading level, the reduction signals more cautious expectations for valuation or near-term upside. Barclays cuts HPE price target

Hewlett Packard Enterprise Company Profile

(Get Free Report)

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

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.

Further Reading

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

Receive News & Ratings for Hewlett Packard Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.