Hewlett Packard Enterprise (NYSE:HPE) Now Covered by Analysts at KeyCorp

KeyCorp assumed coverage on shares of Hewlett Packard Enterprise (NYSE:HPE - Free Report) in a research report released on Thursday morning, Marketbeat.com reports. The firm issued a sector weight rating on the technology company's stock. KeyCorp also issued estimates for Hewlett Packard Enterprise's Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.57 EPS, Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.44 EPS, Q4 2026 earnings at $0.47 EPS and FY2026 earnings at $1.75 EPS.

HPE has been the topic of several other reports. Daiwa Capital Markets lowered Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price objective on the stock. in a research report on Wednesday, March 12th. Daiwa America lowered Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 12th. Raymond James Financial raised their price objective on Hewlett Packard Enterprise from $23.00 to $26.00 and gave the company a "strong-buy" rating in a research report on Wednesday, June 4th. Wall Street Zen lowered Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Finally, Evercore ISI raised Hewlett Packard Enterprise from an "in-line" rating to an "outperform" rating and raised their price objective for the company from $17.00 to $22.00 in a research report on Tuesday, May 20th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.31.

Hewlett Packard Enterprise Trading Up 0.4%

Shares of HPE traded up $0.07 during trading hours on Thursday, hitting $18.44. The stock had a trading volume of 17,125,978 shares, compared to its average volume of 16,504,931. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 1.29. The firm has a market cap of $24.19 billion, a P/E ratio of 18.62, a P/E/G ratio of 2.68 and a beta of 1.31. The company's fifty day simple moving average is $17.37 and its 200 day simple moving average is $18.60. Hewlett Packard Enterprise has a 12-month low of $11.97 and a 12-month high of $24.66.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its earnings results on Tuesday, June 3rd. The technology company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.05. The business had revenue of $7.63 billion for the quarter, compared to analyst estimates of $7.51 billion. Hewlett Packard Enterprise had a return on equity of 9.59% and a net margin of 4.60%. The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $0.42 EPS. Equities research analysts forecast that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend is Wednesday, June 18th. Hewlett Packard Enterprise's dividend payout ratio is currently 52.53%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Phil Mottram sold 30,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $18.50, for a total value of $555,000.00. Following the completion of the transaction, the executive vice president now owns 72,427 shares in the company, valued at approximately $1,339,899.50. This trade represents a 29.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $13.19, for a total value of $84,534.71. The disclosure for this sale can be found here. 0.36% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hewlett Packard Enterprise

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. AG2R LA Mondiale Gestion D Actifs acquired a new position in Hewlett Packard Enterprise in the first quarter valued at approximately $963,000. Modern Wealth Management LLC boosted its stake in Hewlett Packard Enterprise by 86.5% in the first quarter. Modern Wealth Management LLC now owns 58,902 shares of the technology company's stock valued at $909,000 after acquiring an additional 27,327 shares during the period. Strs Ohio acquired a new position in Hewlett Packard Enterprise in the first quarter valued at approximately $15,663,000. Geneos Wealth Management Inc. boosted its stake in Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company's stock valued at $69,000 after acquiring an additional 1,377 shares during the period. Finally, Intech Investment Management LLC boosted its stake in Hewlett Packard Enterprise by 1.2% in the first quarter. Intech Investment Management LLC now owns 1,211,774 shares of the technology company's stock valued at $18,698,000 after acquiring an additional 14,368 shares during the period. 80.78% of the stock is currently owned by institutional investors and hedge funds.

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.