Recent Updates — HPE
Hewlett Packard Enterprise raised its fiscal 2027 Networking segment revenue growth outlook to between high teens and low-20s percent, with operating margins expected in the mid-to-high 20s percent range. The company increased its target for Juniper Networks-related cost synergies to $800 million in annual run-rate savings by the end of fiscal 2028, up from a previous target of at least $600 million. HPE also announced it secured a $1.2 billion order from Vultr for AMD Helios AI Rack systems, marking the first system order for this new platform. Long-term projections indicate Networking revenue will grow at a high-teens percent CAGR through fiscal 2029. Hewlett Packard Enterprise operates in the enterprise technology industry, providing hardware, software, and services for data centers, networking, and edge computing.
Hewlett Packard Enterprise reported fiscal third quarter results ending July 31, 2026, with record revenue of $12.2 billion, a 34% year-over-year increase, and diluted net earnings per share of $1.06 GAAP and $1.11 non-GAAP. The company raised its full-year fiscal 2026 revenue growth outlook to 34%-37% and EPS guidance to $2.93-$3.03 GAAP. Additionally, HPE announced a quarterly cash dividend of $0.1425 per share, payable on or about October 16, 2026, to stockholders of record as of September 17, 2026. Hewlett Packard Enterprise operates in the enterprise technology industry, providing AI, cloud, and networking solutions.
On August 4, 2026, the Board of Directors approved a cash dividend of $0.953125 per share for its 7.625% Series C Mandatory Convertible Preferred Stock. The payment is scheduled for September 1, 2026, to holders of record as of August 15, 2026. Hewlett Packard Enterprise Company operates in the technology industry, providing enterprise IT infrastructure, software, and services.
Hewlett Packard Enterprise Company (HPE) announced the appointment of David I. Goulden to its Board of Directors, effective July 24, 2026. Mr. Goulden, formerly the EVP and CFO of Booking Holdings Inc., will also serve on the Finance and Investment Committee and the HR and Compensation Committee. Hewlett Packard Enterprise is a leader in essential enterprise technology, providing AI, cloud, and networking solutions for organizations.
Hewlett Packard Enterprise amended its cooperation agreement with Elliott Investment Management to cap its board size at 14 directors until the 2027 Annual Meeting and appointed Christopher P. Hsu to the Board. Additionally, the company completed the sale of a 5.2% stake in H3C Technologies for approximately $370.4 million and declared a quarterly dividend of $0.1425 per common share.
Hewlett Packard Enterprise closed the sale of a 13.8% stake in H3C Technologies Co., Limited to several Chinese entities for approximately $986.8 million. The company expects to complete the sale of its remaining 5.2% stake in H3C to UNIS for approximately $370.4 million during the first half of 2026.