Hewlett Packard Enterprise (NYSE:HPE) Releases FY 2028 Earnings Guidance

Key Points

• Hewlett Packard Enterprise updated its FY 2028 earnings guidance, projecting an EPS of 3.000, but did not specify revenue guidance.
• The company recently declared a quarterly dividend of $0.13, representing a yield of 2.1%, to be paid on October 17th.
• Insider trading activity showed significant sales, with Director Gary M. Reiner selling 40,000 shares and CEO Antonio F. Neri selling 166,666 shares in September.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) updated its FY 2028 earnings guidance on Thursday. The company provided EPS guidance of 3.000- for the period. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

HPE has been the subject of a number of analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. Sanford C. Bernstein began coverage on Hewlett Packard Enterprise in a research report on Tuesday, September 16th. They set a "market perform" rating and a $24.00 target price for the company. Susquehanna increased their target price on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a "neutral" rating in a research report on Thursday, September 4th. Wall Street Zen upgraded Hewlett Packard Enterprise from a "sell" rating to a "hold" rating in a research report on Sunday, July 13th. Finally, UBS Group increased their price target on Hewlett Packard Enterprise from $18.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $25.06.

Hewlett Packard Enterprise Stock Up 0.2%

Shares of HPE stock opened at $25.05 on Thursday. Hewlett Packard Enterprise has a 1-year low of $11.97 and a 1-year high of $26.44. The stock's fifty day moving average price is $23.52 and its 200 day moving average price is $19.77. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.95 and a quick ratio of 0.69. The company has a market cap of $33.05 billion, a price-to-earnings ratio of 30.55, a price-to-earnings-growth ratio of 1.86 and a beta of 1.45.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings results on Wednesday, September 3rd. The technology company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.09). Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The firm had revenue of $9.14 billion for the quarter, compared to analysts' expectations of $8.77 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The firm's revenue for the quarter was up 19.8% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. On average, research analysts expect that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, September 18th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, September 18th. This represents a $0.52 dividend on an annualized basis and a yield of 2.1%. Hewlett Packard Enterprise's dividend payout ratio is presently 63.41%.

Insider Buying and Selling

In other news, Director Gary M. Reiner sold 40,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $24.58, for a total value of $983,200.00. Following the sale, the director directly owned 83,869 shares of the company's stock, valued at $2,061,500.02. The trade was a 32.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Antonio F. Neri sold 166,666 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $22.52, for a total value of $3,753,318.32. Following the completion of the sale, the chief executive officer directly owned 1,919,060 shares of the company's stock, valued at approximately $43,217,231.20. This represents a 7.99% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 543,738 shares of company stock valued at $12,922,932. 0.36% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HPE. Headlands Technologies LLC purchased a new position in shares of Hewlett Packard Enterprise during the second quarter worth $26,000. Geneos Wealth Management Inc. boosted its holdings 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 purchasing an additional 1,377 shares during the period. WINTON GROUP Ltd purchased a new position in Hewlett Packard Enterprise in the second quarter valued at $207,000. Voleon Capital Management LP purchased a new position in Hewlett Packard Enterprise in the second quarter valued at $207,000. Finally, Curi Capital LLC purchased a new position in Hewlett Packard Enterprise in the second quarter valued at $216,000. Institutional investors and hedge funds own 80.78% of the company's stock.

About Hewlett Packard Enterprise

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.

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