KeyCorp Begins Coverage on Hewlett Packard Enterprise (NYSE:HPE)

Investment analysts at KeyCorp assumed coverage on shares of Hewlett Packard Enterprise (NYSE:HPE) in a note issued to investors on Thursday, Marketbeat reports. The brokerage set a “sector weight” rating on the technology company’s stock. KeyCorp also issued estimates for Hewlett Packard Enterprise’s Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.57 EPS, Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.44 EPS, Q4 2026 earnings at $0.47 EPS and FY2026 earnings at $1.75 EPS.

Several other research firms have also recently issued reports on HPE. Morgan Stanley increased their price objective on Hewlett Packard Enterprise from $14.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 20th. Daiwa America cut Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Daiwa Capital Markets cut Hewlett Packard Enterprise from an “outperform” rating to a “neutral” rating and set a $16.00 price target for the company. in a research report on Wednesday, March 12th. UBS Group raised their price target on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a “neutral” rating in a research report on Wednesday, June 4th. Finally, Evercore ISI upgraded Hewlett Packard Enterprise from an “in-line” rating to an “outperform” rating and raised their price target for the company from $17.00 to $22.00 in a research report on Tuesday, May 20th. Nine equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.31.

Hewlett Packard Enterprise Trading Up 0.4%

NYSE:HPE opened at $18.44 on Thursday. The stock has a fifty day moving average price of $17.37 and a two-hundred day moving average price of $18.65. The stock has a market capitalization of $24.19 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 2.67 and a beta of 1.31. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 1.29. Hewlett Packard Enterprise has a 1 year low of $11.97 and a 1 year high of $24.66.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Tuesday, June 3rd. The technology company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.05. The firm had revenue of $7.63 billion during the quarter, compared to analysts’ expectations of $7.51 billion. Hewlett Packard Enterprise had a return on equity of 9.59% and a net margin of 4.60%. Hewlett Packard Enterprise’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.42 earnings per share. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the firm’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $13.19, for a total value of $84,534.71. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Phil Mottram sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $18.50, for a total value of $555,000.00. Following the completion of the sale, the executive vice president now directly owns 72,427 shares in the company, valued at approximately $1,339,899.50. The trade was a 29.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.36% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

A number of hedge funds have recently added to or reduced their stakes in HPE. Los Angeles Capital Management LLC boosted its stake in Hewlett Packard Enterprise by 145.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 77,042 shares of the technology company’s stock worth $1,645,000 after buying an additional 45,605 shares during the last quarter. NewEdge Wealth LLC boosted its stake in Hewlett Packard Enterprise by 9.9% in the 4th quarter. NewEdge Wealth LLC now owns 135,858 shares of the technology company’s stock worth $2,901,000 after buying an additional 12,253 shares during the last quarter. SRN Advisors LLC boosted its stake in Hewlett Packard Enterprise by 54.1% in the 4th quarter. SRN Advisors LLC now owns 59,801 shares of the technology company’s stock worth $1,277,000 after buying an additional 21,000 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Hewlett Packard Enterprise by 1.7% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 506,800 shares of the technology company’s stock worth $10,820,000 after buying an additional 8,500 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Hewlett Packard Enterprise in the 4th quarter worth about $3,598,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.