Shares of Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) were up 3.1% during mid-day trading on Tuesday. The stock traded as high as $71.22 and last traded at $70.4690. 16,504,467 shares were traded during mid-day trading, a decline of 23% from the average session volume of 21,309,146 shares. The stock had previously closed at $68.36.
Hewlett Packard Enterprise News Summary
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE introduced four ProLiant Gen13 servers powered by AMD’s latest EPYC processors. The systems target agentic AI, inference, analytics, virtualization, and simulation workloads, strengthening HPE’s positioning as an enterprise AI-infrastructure provider. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
- Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a direct-liquid-cooling-ready data center designed to support advanced financial simulations. The order provides evidence of customer demand for HPE’s high-performance computing and AI capabilities. Mizuho Securities Selects HPE to Accelerate Advanced Financial Simulations and Strengthen AI Readiness
- Positive Sentiment: Investors are also focusing on HPE’s networking opportunity following its Juniper Networks acquisition, as well as a reported $1.2 billion AMD Helios AI Rack order from Vultr. Analysts have raised targets, reinforcing the view that HPE is evolving beyond traditional hardware toward AI networking and infrastructure. Hewlett Packard Enterprise Shares Jumped, What Is Driving Attention Now?
- Neutral Sentiment: After gaining roughly 40% over the past month and reaching a record high, HPE is vulnerable to profit-taking. The rally reflects improved AI expectations, but the sharp advance has increased valuation and short-term volatility concerns. Hewlett Packard Enterprise Just Surged 40% in a Month
- Negative Sentiment: CEO Antonio Neri sold 250,000 shares for approximately $17.1 million, reducing his direct stake by 17.45%. The transaction was executed under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal, but it may still weigh on investor sentiment. Hewlett Packard Enterprise CEO Sells 250,000 Shares
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. Morgan Stanley boosted their price target on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and set a $75.00 price objective for the company in a report on Friday, October 2nd. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 30th. Finally, Truist Financial reissued a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, October 1st. One 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $72.06.
Hewlett Packard Enterprise Stock Down 1.9%
The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The company has a market cap of $93.90 billion, a price-to-earnings ratio of 36.85, a PEG ratio of 0.63 and a beta of 1.39. The firm’s fifty day simple moving average is $57.27 and its 200 day simple moving average is $44.41.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company’s revenue was up 33.7% on a year-over-year basis. During the same period last year, the business 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. Sell-side analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is 29.69%.
Insider Activity
In other news, CEO Antonio Neri sold 250,000 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the sale, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total value of $2,116,287.52. Following the sale, the executive vice president owned 875,133 shares of the company’s stock, valued at approximately $53,750,668.86. The trade was a 3.79% 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 90 days, insiders have sold 551,456 shares of company stock worth $35,271,258. 0.44% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Delos Wealth Advisors LLC acquired a new position in Hewlett Packard Enterprise in the second quarter valued at $27,000. First Bancorp Inc ME purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $30,000. Transamerica Financial Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $37,000. North Point Portfolio Managers Corp OH acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at about $58,000. Finally, SJS Investment Consulting Inc. grew its stake in Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after buying an additional 716 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.
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, 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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