Hewlett Packard Enterprise Company (NYSE:HPE) Short Interest Update

by · The Cerbat Gem

Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 85,937,917 shares, an increase of 26.3% from the December 15th total of 68,068,856 shares. Approximately 6.5% of the company’s stock are sold short. Based on an average daily volume of 18,857,330 shares, the days-to-cover ratio is presently 4.6 days. Based on an average daily volume of 18,857,330 shares, the days-to-cover ratio is presently 4.6 days. Approximately 6.5% of the company’s stock are sold short.

Insider Activity

In other Hewlett Packard Enterprise news, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John F. Schultz sold 148,501 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the transaction, the executive vice president owned 248,091 shares in the company, valued at $6,199,794.09. This represents a 37.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 585,537 shares of company stock worth $14,255,864. Corporate insiders own 0.36% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

Large investors have recently modified their holdings of the stock. Empowered Funds LLC raised its stake in Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after purchasing an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Hewlett Packard Enterprise by 44.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after buying an additional 1,377 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Hewlett Packard Enterprise by 37.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,792 shares of the technology company’s stock valued at $159,000 after buying an additional 2,106 shares in the last quarter. Signal Advisors Wealth LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $300,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Hewlett Packard Enterprise by 1.4% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 150,959 shares of the technology company’s stock worth $3,087,000 after acquiring an additional 2,094 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock traded down $0.50 on Monday, hitting $21.45. The company’s stock had a trading volume of 15,536,987 shares, compared to its average volume of 14,079,442. Hewlett Packard Enterprise has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The company has a market capitalization of $28.63 billion, a PE ratio of -357.44, a PEG ratio of 0.59 and a beta of 1.32. The stock’s 50 day moving average is $22.92 and its 200-day moving average is $22.84. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The business had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. During the same quarter in the previous year, the company earned $0.58 EPS. The business’s revenue was up 14.7% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Equities research analysts expect that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1425 per share. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.7%. Hewlett Packard Enterprise’s dividend payout ratio is -950.00%.

Analysts Set New Price Targets

Several analysts have issued reports on HPE shares. UBS Group upped their price objective on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Morgan Stanley reaffirmed an “equal weight” rating and set a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Finally, The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.53.

Check Out Our Latest Report on HPE

About Hewlett Packard Enterprise

(Get Free Report)

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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