Hewlett Packard Enterprise (NYSE:HPE) EVP Sells $2,116,287.52 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total value of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares of the company’s stock, valued at $53,750,668.86. The trade was a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Trading Up 1.1%

HPE traded up $0.71 during mid-day trading on Thursday, hitting $64.60. 16,426,191 shares of the stock were exchanged, compared to its average volume of 21,323,354. The firm’s fifty day moving average is $55.04 and its two-hundred day moving average is $42.75. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $67.10. 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 company has a market cap of $85.75 billion, a PE ratio of 33.65, a PEG ratio of 0.55 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.Hewlett Packard Enterprise’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period last year, the business posted $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. Equities analysts forecast that Hewlett Packard Enterprise Company will post 3.33 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 0.9%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Institutional Trading of Hewlett Packard Enterprise

A number of large investors have recently made changes to their positions in the company. Capital World Investors acquired a new stake in Hewlett Packard Enterprise in the fourth quarter valued at approximately $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $1,027,139,000. Primecap Management Co. CA purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $773,225,000. Legal & General Group Plc purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $512,721,000. Finally, Elliott Investment Management L.P. raised its holdings in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HPE shares. Argus reiterated a “buy” rating and set a $70.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Morgan Stanley upped their price objective on Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday. Bank of America increased their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $71.88.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: $1.2 billion Vultr order: HPE secured its first order for AMD Helios AI Rack systems from cloud infrastructure provider Vultr. The systems will be deployed across Vultr’s U.S. data centers, providing a significant validation of HPE’s AI server, networking, and rack-scale infrastructure capabilities. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
• Positive Sentiment: Networking outlook raised: At its Networking Investor Day, HPE lifted its long-term networking revenue growth expectations, citing strong demand for data-center networking, routing, security, and AI-related infrastructure. Management said AI demand continues to exceed available supply, supporting the company’s growth outlook. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
• Positive Sentiment: Broad analyst support: Citigroup raised its HPE price target to $92 and upgraded the shares to Buy. Barclays raised its target to $83 and maintained Overweight, while Morgan Stanley raised its target to $72 and maintained Overweight. Truist also reaffirmed Buy and increased its target to $75.
• Neutral Sentiment: Mixed valuation signals: UBS raised its target to $66 but kept a Neutral rating, while Wells Fargo increased its target to $63 and maintained Equal Weight. Analysts broadly acknowledge HPE’s AI momentum, but their targets differ considerably after the stock’s powerful rally. HPE Networking Outlook Gets Boost as Barclays, Citi and Wells Fargo Raise Price Targets
• Negative Sentiment: Execution and valuation risks remain: HPE’s shares have surged substantially in 2026 and are near record levels, increasing the risk that much of the AI and networking opportunity is already reflected in the valuation. Investors will look for evidence that the Vultr order converts into sustained revenue and profit growth.

Hewlett Packard Enterprise Company Profile

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.