Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) EVP Rami Rahim sold 34,443 shares of the business’s stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total value of $1,999,071.72. Following the completion of the sale, the executive vice president directly owned 840,690 shares in the company, valued at approximately $48,793,647.60. The trade was a 3.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 traded up $1.25 during midday trading on Friday, hitting $56.73. 16,976,952 shares of the stock were exchanged, compared to its average volume of 21,269,086. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $73.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The stock has a fifty day simple moving average of $59.30 and a 200 day simple moving average of $47.40. The firm has a market cap of $75.30 billion, a P/E ratio of 29.54, a P/E/G ratio of 0.52 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. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the previous year, the business earned $0.44 EPS. The company’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. On average, research analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were paid a dividend of $0.1425 per share. 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 is 29.69%.
Hedge Funds Weigh In On Hewlett Packard Enterprise
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Simplicity Wealth LLC lifted its stake in Hewlett Packard Enterprise by 25.5% in the third quarter. Simplicity Wealth LLC now owns 8,719 shares of the technology company’s stock worth $557,000 after acquiring an additional 1,773 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in Hewlett Packard Enterprise during the 3rd quarter worth approximately $42,000. Capital Investment Advisors LLC increased its position in shares of Hewlett Packard Enterprise by 10.4% in the 3rd quarter. Capital Investment Advisors LLC now owns 7,927 shares of the technology company’s stock valued at $506,000 after purchasing an additional 748 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its position in shares of Hewlett Packard Enterprise by 6.0% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 15,060 shares of the technology company’s stock valued at $962,000 after purchasing an additional 859 shares during the last quarter. Finally, BRIA Capital Group LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at approximately $203,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Wall Street Analysts Forecast Growth
HPE has been the subject of several recent research reports. Bank of America raised their price objective on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Deutsche Bank Aktiengesellschaft began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price objective for the company. Argus reaffirmed a “buy” rating and set a $70.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Wells Fargo & Company increased their target price on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, October 1st. Finally, Piper Sandler raised their price target on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.44.
Check Out Our Latest Research Report on HPE
More Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: AI infrastructure momentum: HPE expanded its AI Factory platform with NVIDIA, adding security, governance, and operational controls aimed at regulated industries and enterprise customers. The developments reinforce HPE’s positioning in the growing AI-server and private-cloud market. HPE updates AI Factory with Nvidia for regulated sectors
- Positive Sentiment: Strategic industrial-AI collaboration: HPE, NVIDIA, and Schneider Electric announced a collaboration to deploy industrial AI agents at the edge, using HPE Private Cloud AI. The initiative targets data sovereignty, cybersecurity, and AI-cost barriers in process industries, potentially broadening HPE’s enterprise opportunity. Schneider Electric, NVIDIA & HPE announce strategic collaboration
- Positive Sentiment: Peer demand supports the thesis: An upbeat outlook from Super Micro signaled continued demand for AI servers, helping lift HPE despite mixed performance across the sector. Hewlett Packard Enterprise stock is up, what you need to know
- Positive Sentiment: Value appeal: Zacks characterized HPE as a strong value stock, supporting investor interest after the company’s substantial recent rally. Why Hewlett Packard Enterprise is a strong value stock
- Neutral Sentiment: HPE patched eight maximum-severity remote-code-execution and authentication-bypass vulnerabilities in its AOS software. The fixes reduce customer security risk, although disclosure of the flaws may temporarily draw scrutiny. HPE patches eight max severity vulnerabilities
- Negative Sentiment: Analyst target reduction: Barclays lowered its HPE price target from $83 to $77, signaling more cautious expectations even though the revised target remains above recent trading levels. Barclays cuts target for HPE stock
About Hewlett Packard Enterprise
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.
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