Hewlett Packard Enterprise (NYSE:HPE) EVP Sells 34,443 Shares of Stock

Key Points

• Insider sale: HPE EVP Rami Rahim sold 34,443 shares for approximately $2.0 million under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 3.94% to 840,690 shares.
• Strong quarterly results: HPE reported adjusted earnings of $1.11 per share and revenue of $12.21 billion, exceeding analyst expectations, while revenue increased 33.7% year over year.
• Mixed outlook: AI infrastructure partnerships and continued institutional ownership support HPE, but Barclays cut its rating to equal weight and lowered its price target to $77; the analyst consensus remains a “Moderate Buy” with a $65.44 target.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) EVP Rami Rahim sold 34,443 shares of the stock in a transaction on Wednesday, October 21st. The stock was sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the sale, the executive vice president directly owned 840,690 shares in the company, valued at $48,793,647.60. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rami Rahim also recently made the following trade(s):

• On Tuesday, September 29th, Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $61.42, for a total value of $2,116,287.52.

Hewlett Packard Enterprise Price Performance

NYSE HPE traded up $1.25 during trading hours on Friday, reaching $56.73. The company's stock had a trading volume of 16,976,952 shares, compared to its average volume of 21,269,086. The firm has a market capitalization of $75.30 billion, a price-to-earnings ratio of 29.54, a P/E/G ratio of 0.52 and a beta of 1.39. The company's 50-day moving average is $59.30 and its two-hundred day moving average is $47.40. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The business had revenue of $12.21 billion during the quarter, compared to analysts' expectations of $11.97 billion. During the same period in the previous year, the business earned $0.44 earnings per share. The business's revenue was up 33.7% compared to the same quarter last year. 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 predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 29.69%.

Key Stories Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: AI infrastructure momentum: HPE expanded its AI Factory platform with NVIDIA, adding security, governance, and operational controls aimed at regulated industries and enterprise customers. The developments reinforce HPE’s positioning in the growing AI-server and private-cloud market. HPE updates AI Factory with Nvidia for regulated sectors
• Positive Sentiment: Strategic industrial-AI collaboration: HPE, NVIDIA, and Schneider Electric announced a collaboration to deploy industrial AI agents at the edge, using HPE Private Cloud AI. The initiative targets data sovereignty, cybersecurity, and AI-cost barriers in process industries, potentially broadening HPE’s enterprise opportunity. Schneider Electric, NVIDIA & HPE announce strategic collaboration
• Positive Sentiment: Peer demand supports the thesis: An upbeat outlook from Super Micro signaled continued demand for AI servers, helping lift HPE despite mixed performance across the sector. Hewlett Packard Enterprise stock is up, what you need to know
• Positive Sentiment: Value appeal: Zacks characterized HPE as a strong value stock, supporting investor interest after the company’s substantial recent rally. Why Hewlett Packard Enterprise is a strong value stock
• Neutral Sentiment: HPE patched eight maximum-severity remote-code-execution and authentication-bypass vulnerabilities in its AOS software. The fixes reduce customer security risk, although disclosure of the flaws may temporarily draw scrutiny. HPE patches eight max severity vulnerabilities
• Negative Sentiment: Analyst target reduction: Barclays lowered its HPE price target from $83 to $77, signaling more cautious expectations even though the revised target remains above recent trading levels. Barclays cuts target for HPE stock

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of large investors have recently modified their holdings of HPE. Simplicity Wealth LLC boosted its stake in Hewlett Packard Enterprise by 25.5% during the third quarter. Simplicity Wealth LLC now owns 8,719 shares of the technology company's stock worth $557,000 after buying an additional 1,773 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at approximately $42,000. Capital Investment Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 10.4% in the 3rd quarter. Capital Investment Advisors LLC now owns 7,927 shares of the technology company's stock valued at $506,000 after acquiring an additional 748 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 6.0% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 15,060 shares of the technology company's stock valued at $962,000 after acquiring an additional 859 shares during the period. Finally, BRIA Capital Group LLC acquired a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $203,000. Hedge funds and other institutional investors own 80.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HPE. Piper Sandler upped their price target on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a "neutral" rating in a research report on Thursday, October 1st. Zacks Research upgraded Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a report on Friday, September 4th. Argus reiterated a "buy" rating and set a $70.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Raymond James Financial boosted their price objective on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an "outperform" rating in a research note on Thursday, September 3rd. Finally, Barclays cut Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $83.00 to $77.00 in a report on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $65.44.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company NYSE: HPE is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE's portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.

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