Hewlett Packard Enterprise (HPE) Projected to Post Quarterly Earnings on Tuesday

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Tuesday, June 3rd. Analysts expect the company to announce earnings of $0.33 per share and revenue of $7.51 billion for the quarter.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE:HPE traded down $0.25 on Wednesday, hitting $17.69. 10,678,478 shares of the company were exchanged, compared to its average volume of 17,291,468. The stock's 50 day moving average price is $15.92 and its 200 day moving average price is $19.23. Hewlett Packard Enterprise has a 1-year low of $11.97 and a 1-year high of $24.66. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $23.24 billion, a P/E ratio of 9.31, a price-to-earnings-growth ratio of 2.03 and a beta of 1.29.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a yield of 2.94%. Hewlett Packard Enterprise's dividend payout ratio is currently 25.37%.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.36% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hewlett Packard Enterprise

An institutional investor recently raised its position in Hewlett Packard Enterprise stock. Geneos Wealth Management Inc. boosted its position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 44.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,456 shares of the technology company's stock after purchasing an additional 1,377 shares during the quarter. Geneos Wealth Management Inc.'s holdings in Hewlett Packard Enterprise were worth $69,000 at the end of the most recent reporting period. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HPE has been the subject of a number of research reports. Evercore ISI raised Hewlett Packard Enterprise from an "in-line" rating to an "outperform" rating and lifted their target price for the stock from $17.00 to $22.00 in a report on Tuesday, May 20th. Wall Street Zen cut shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Morgan Stanley lifted their price objective on shares of Hewlett Packard Enterprise from $14.00 to $22.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 20th. Wells Fargo & Company decreased their target price on shares of Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating for the company in a research report on Friday, March 7th. Finally, Susquehanna decreased their target price on shares of Hewlett Packard Enterprise from $20.00 to $15.00 and set a "neutral" rating for the company in a research report on Friday, March 7th. Nine research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.13.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.