Hewlett Packard Enterprise (NYSE:HPE) Sets New 1-Year High - Time to Buy?

Key Points

• Hewlett Packard Enterprise reached a new 52-week high of $29.75 (last traded $29.536) on Tuesday with about 1.79 million shares changing hands.
• Analysts are broadly positive: the stock carries an average rating of "Moderate Buy" with an average price target of $26.71, while several firms (including Truist and Bank of America) maintain or raised buy ratings and targets up to ~$31–32.
• On fundamentals, HPE beat consensus with $0.65 EPS vs. $0.59 and revenue was up 18.4% year‑over‑year, while management set FY2026 EPS guidance of 2.30–2.50; the company pays a $0.57 annualized dividend (1.9% yield) even as insiders have recently sold sizable stakes.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $29.75 and last traded at $29.5360, with a volume of 1786317 shares changing hands. The stock had previously closed at $28.71.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HPE shares. Raymond James Financial reaffirmed an "outperform" rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Truist Financial started coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a "buy" rating and a $31.00 price objective on the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Citigroup boosted their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a report on Wednesday, March 11th. Finally, Bank of America boosted their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $26.71.

Hewlett Packard Enterprise Stock Performance

The firm has a fifty day simple moving average of $23.88 and a 200-day simple moving average of $23.24. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. The stock has a market cap of $39.89 billion, a price-to-earnings ratio of -157.98, a P/E/G ratio of 0.74 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the business earned $0.49 EPS. The business's revenue for the quarter was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Analysts forecast that Hewlett Packard Enterprise Company will post 1.96 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were paid a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 1.9%. Hewlett Packard Enterprise's dividend payout ratio is presently -300.00%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 264,432 shares of the stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total value of $6,658,397.76. Following the transaction, the chief executive officer owned 1,837,329 shares of the company's stock, valued at approximately $46,263,944.22. This represents a 12.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Fidelma Russo sold 34,001 shares of the stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president directly owned 17,001 shares in the company, valued at $426,385.08. The trade was a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 602,337 shares of company stock valued at $15,443,119. 0.44% of the stock is currently owned by company insiders.

Institutional Trading of Hewlett Packard Enterprise

Hedge funds have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. increased its holdings in Hewlett Packard Enterprise by 24.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 215,593 shares of the technology company's stock worth $5,179,000 after purchasing an additional 41,896 shares in the last quarter. Viking Fund Management LLC increased its holdings in Hewlett Packard Enterprise by 22.5% during the 4th quarter. Viking Fund Management LLC now owns 490,000 shares of the technology company's stock worth $11,770,000 after purchasing an additional 90,000 shares in the last quarter. Vanguard Group Inc. increased its holdings in Hewlett Packard Enterprise by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company's stock worth $4,156,870,000 after purchasing an additional 1,917,719 shares in the last quarter. Merit Financial Group LLC increased its holdings in Hewlett Packard Enterprise by 133.8% during the 4th quarter. Merit Financial Group LLC now owns 96,825 shares of the technology company's stock worth $2,326,000 after purchasing an additional 55,410 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC increased its holdings in Hewlett Packard Enterprise by 118.8% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company's stock worth $3,567,000 after purchasing an additional 78,859 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 (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE's product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.

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