Hewlett Packard Enterprise (NYSE:HPE) Stock: Insider Antonio Neri Sells 250,000 Shares

Key Points

• CEO Antonio Neri sold 250,000 HPE shares for approximately $17.1 million under a pre-arranged Rule 10b5-1 trading plan, reducing his direct ownership by 17.45% to 1.18 million shares.
• HPE reported stronger-than-expected quarterly results, with adjusted EPS of $1.11 versus the $0.93 consensus and revenue of $12.21 billion, up 33.7% year over year.
• Shares recently traded near a one-year high amid optimism about HPE’s AI-server and networking businesses. Analysts maintain a “Moderate Buy” consensus, while the company pays a quarterly dividend of $0.1425 per share.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the sale, the chief executive officer directly owned 1,182,393 shares of the company's stock, valued at $80,769,265.83. The trade was a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Stock Performance

HPE stock traded up $1.66 during mid-day trading on Wednesday, hitting $72.14. 25,476,895 shares of the company were exchanged, compared to its average volume of 21,332,871. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $95.77 billion, a PE ratio of 37.58, a price-to-earnings-growth ratio of 0.61 and a beta of 1.39. The business has a 50 day simple moving average of $56.71 and a 200-day simple moving average of $44.06. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $73.28.

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

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 29.69%.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE unveiled four ProLiant Gen13 servers powered by AMD’s sixth-generation EPYC processors. The systems are designed for enterprise AI inference, analytics, virtualization, simulation, and other compute-intensive workloads, strengthening HPE’s Cloud and AI growth story. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
• Positive Sentiment: The AMD-powered product launch helped HPE shares reach a fresh record high even as the broader technology market weakened, suggesting investors view the new systems as evidence of growing demand for HPE’s AI infrastructure portfolio. Why HPE Stock Hit a Record High Today?
• Positive Sentiment: Analyst support is adding momentum: Morgan Stanley raised its HPE price target following the company’s earnings and a major AI-related deal, while Daiwa upgraded the stock to Outperform from Neutral. Morgan Stanley Resets Hewlett Packard HPE Target After Earnings
• Positive Sentiment: Investors are increasingly emphasizing HPE’s networking opportunity, including technology from its Juniper Networks acquisition and stronger AMD partnership. The combination could expand HPE’s exposure to AI data-center connectivity beyond traditional servers. How HPE’s Juniper Acquisition Strengthens AMD Partnership
• Neutral Sentiment: The rally has been substantial, with shares gaining roughly 40% over the past month and reaching new highs. Positive earnings revisions may support further gains, but the rapid advance also increases the potential for profit-taking. Hewlett Packard Enterprise Just Surged 40% in a Month
• Negative Sentiment: Rising Treasury yields and oil prices are pressuring the broader market, while HPE’s elevated valuation and proximity to its high could make the stock more sensitive to weaker AI spending or disappointing guidance.

Institutional Trading of Hewlett Packard Enterprise

Large investors have recently made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Hewlett Packard Enterprise during the second quarter worth about $1,027,139,000. Primecap Management Co. CA purchased a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth $773,225,000. Legal & General Group Plc acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter worth approximately $512,721,000. Elliott Investment Management L.P. grew its position in Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock valued at $652,912,000 after acquiring an additional 8,790,757 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $322,718,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on HPE. Daiwa Securities Group raised shares of Hewlett Packard Enterprise from a "neutral" rating to an "outperform" rating and set a $75.00 price objective on the stock in a report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, September 1st. They set a "buy" rating and a $62.00 price objective for the company. Piper Sandler reiterated a "neutral" rating and set a $57.00 target price (down from $63.00) on shares of Hewlett Packard Enterprise in a report on Thursday, September 3rd. Weiss Ratings upgraded Hewlett Packard Enterprise from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, September 4th. Finally, Raymond James Financial lifted their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an "outperform" rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $72.06.

About Hewlett Packard Enterprise

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

HPE's portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.

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