Hewlett Packard Enterprise (NYSE:HPE) Shares Climb 1.1% on Analyst Upgrade

Hewlett Packard Enterprise Company (NYSE:HPE)’s share price traded up 1.1% on Thursday after Citigroup raised their price target on the stock from $76.00 to $92.00. Citigroup currently has a buy rating on the stock. Hewlett Packard Enterprise traded as high as $66.11 and last traded at $64.5990. 16,368,657 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 21,308,510 shares. The stock had previously closed at $63.89.

A number of other equities analysts have also recently commented on HPE. Argus reissued a “buy” rating and set a $70.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Morgan Stanley lifted their price target on Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research note on Thursday. UBS Group boosted their price target on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a “neutral” rating in a research report on Thursday. Zacks Research raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Finally, Barclays raised their price objective on Hewlett Packard Enterprise from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $71.88.

Insider Activity at Hewlett Packard Enterprise

In other news, CEO Antonio Neri sold 250,000 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at $86,573,832.92. The trade was a 14.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.44% of the company’s stock.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE secured a $1.2 billion order from cloud infrastructure provider Vultr for AMD Helios AI Rack systems, marking HPE’s first Helios order. The systems will be deployed across Vultr’s U.S. data centers, providing a major validation of HPE’s AI infrastructure and networking strategy. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
• Positive Sentiment: At Networking Investor Day, HPE raised its long-term networking revenue growth outlook, citing AI-driven demand across data-center networking, routing, campus and branch, and security products. Management also highlighted opportunities for profitable growth and merger-related synergies with Juniper Networks. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
• Positive Sentiment: Several firms raised their targets: Citigroup lifted its target to $92 and initiated a Buy rating, Barclays raised its target to $83 with an Overweight rating, Morgan Stanley increased its target to $72 and reaffirmed Overweight, and Truist raised its Buy target to $75. The revisions reinforce optimism about HPE’s AI and networking growth prospects.
• Neutral Sentiment: Analyst views are not uniformly bullish. UBS raised its target to $66 but kept a Neutral rating, while Wells Fargo raised its target to $63 and maintained Equal Weight—both implying limited upside or modest downside from current levels.
• Negative Sentiment: With HPE near its 52-week high after a substantial rally, valuation and execution risks are becoming more important. The stock’s rapid appreciation may already reflect much of the expected AI and networking growth, making it vulnerable if orders, margins, or forecasts disappoint.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Delos Wealth Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $27,000. SJS Investment Consulting Inc. raised its position in shares of Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after buying an additional 716 shares during the period. Union Savings Bank acquired a new position in Hewlett Packard Enterprise in the fourth quarter valued at approximately $30,000. First Bancorp Inc ME purchased a new position in Hewlett Packard Enterprise in the second quarter worth approximately $30,000. Finally, Reflection Asset Management purchased a new position in Hewlett Packard Enterprise in the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

The firm has a 50 day simple moving average of $55.04 and a 200-day simple moving average of $42.75. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The company has a market cap of $85.75 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 0.55 and a beta of 1.43.

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

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 0.9%. Hewlett Packard Enterprise’s dividend payout ratio is presently 29.69%.

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.