Truist Financial reiterated their buy rating on shares of Hewlett Packard Enterprise (NYSE:HPE – Free Report) in a research note released on Thursday morning,Benzinga reports. The firm currently has a $75.00 price target on the technology company’s stock, up from their prior price target of $70.00.
Several other equities research analysts have also recently weighed in on HPE. Wall Street Zen raised Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. Deutsche Bank Aktiengesellschaft started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a “buy” rating and a $62.00 target price on the stock. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Citigroup raised their price target on shares of Hewlett Packard Enterprise from $74.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Finally, Evercore downgraded shares of Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 price objective on the stock. in a report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $72.06.
View Our Latest Stock Report on Hewlett Packard Enterprise
Hewlett Packard Enterprise Trading Up 7.5%
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior 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. Equities research analysts forecast that Hewlett Packard Enterprise will post 3.34 earnings per share for the current year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.8%. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.
Insider Transactions at Hewlett Packard Enterprise
In other news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the sale, the chief executive officer directly owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. The trade was a 14.86% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 301,456 shares of company stock valued at $18,193,758. Company insiders own 0.44% of the company’s stock.
Institutional Investors Weigh In On Hewlett Packard Enterprise
Large investors have recently modified their holdings of the stock. Silverleafe Capital Partners LLC acquired a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $880,000. Polaris Financial Partners acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at $282,000. CX Institutional grew its position in Hewlett Packard Enterprise by 15.1% in the third quarter. CX Institutional now owns 23,990 shares of the technology company’s stock valued at $1,533,000 after acquiring an additional 3,139 shares during the period. Doliver Advisors LP grew its position in Hewlett Packard Enterprise by 10.8% in the third quarter. Doliver Advisors LP now owns 10,225 shares of the technology company’s stock valued at $653,000 after acquiring an additional 1,000 shares during the period. Finally, QRG Capital Management Inc. raised its stake in Hewlett Packard Enterprise by 148.1% during the second quarter. QRG Capital Management Inc. now owns 446,503 shares of the technology company’s stock worth $20,142,000 after acquiring an additional 266,499 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.
More Hewlett Packard Enterprise News
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.
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