Hewlett Packard Enterprise Company (NYSE:HPE) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts rate HPE a “Moderate Buy.” Among 19 analysts, 12 recommend buying, six rate it a hold, and one gives a strong-buy rating; the average 12-month price target is $69.18.
• HPE recently exceeded quarterly expectations, reporting $1.11 in EPS versus the $0.93 estimate and $12.21 billion in revenue, up 33.7% year over year. The stock opened at $61.76, near its 52-week high of $64.25.
• The company declared a quarterly dividend of $0.1425, equivalent to a $0.57 annualized payout and 0.9% yield. Insiders, including the CEO, recently sold shares, while institutional investors own approximately 80.78% of the stock.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nineteen analysts that are currently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $69.1765.

A number of analysts recently issued reports on HPE shares. Citigroup increased their target price on Hewlett Packard Enterprise from $74.00 to $76.00 and gave the stock a "buy" rating in a research note on Thursday, September 3rd. Sanford C. Bernstein upped their target price on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a "market perform" rating in a research note on Tuesday, June 2nd. UBS Group lowered their target price 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. Morgan Stanley dropped their price target on Hewlett Packard Enterprise from $69.00 to $67.00 and set an "overweight" rating on the stock in a research note on Thursday, September 3rd. Finally, Zacks Research upgraded Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a report on Friday, September 4th.

Hewlett Packard Enterprise Trading Up 1.6%

NYSE:HPE opened at $61.76 on Tuesday. The firm has a market capitalization of $81.98 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 0.54 and a beta of 1.43. The business's 50-day moving average price is $52.83 and its two-hundred day moving average price is $40.72. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise has a 1-year low of $19.84 and a 1-year high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion for 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 in the previous year, the company posted $0.44 earnings per share. 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, equities analysts expect that Hewlett Packard Enterprise will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders 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 yield of 0.9%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 29.69%.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary Reiner sold 17,000 shares of the company's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director directly owned 65,072 shares of the company's stock, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Antonio F. Neri sold 250,000 shares of the business'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 of the company's stock, valued at $86,573,832.92. This represents a 14.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by corporate insiders.

Institutional Trading of Hewlett Packard Enterprise

Several large investors have recently made changes to their positions in HPE. Baird Financial Group Inc. increased its holdings in shares of Hewlett Packard Enterprise by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company's stock worth $709,000 after buying an additional 212 shares during the last quarter. Sax Wealth Advisors LLC increased its position in shares of Hewlett Packard Enterprise by 2.9% during the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company's stock worth $396,000 after acquiring an additional 244 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in Hewlett Packard Enterprise by 5.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company's stock valued at $324,000 after purchasing an additional 355 shares in the last quarter. Investment Research Partners LLC lifted its stake in Hewlett Packard Enterprise by 2.0% in the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company's stock worth $527,000 after acquiring an additional 423 shares during the period. Finally, D.A. Davidson & CO. boosted its position in Hewlett Packard Enterprise by 4.5% during the 1st quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company's stock valued at $238,000 after acquiring an additional 429 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company's stock.

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 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.

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