Updating Hewlett-Packard Enterprise Co., Motorola Solutions Inc. and Briggs & Stratton Corp.

Article Excerpt

HEWLETT-PACKARD ENTERPRISE CO. $13 (New York symbol HPE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 1.6 billion; Market cap: $20.8 billion; Price-to-sales ratio: 0.4; Dividend yield: 2.3%; TSINetwork Rating: Average; www.hpe.com) sells computing services and products, such as servers and analytics software, to businesses and governments. The company recently merged most of its software operations with U.K.-based Micro Focus International plc. As a result, it expects its earnings will decline from $1.41 a share for the fiscal year ended October 31, 2017, to $1.20 for fiscal 2018. The stock trades at 10.8 times the 2018 forecast. That low multiple mainly reflects strong competition from Amazon and Microsoft in the provision of cloud computing services. HP Enterprise has increased its quarterly dividend by 15.4%, to $0.075 a share from $0.065. The annual rate of $0.30 yields 2.3%. HP Enterprise is still a hold. MOTOROLA SOLUTIONS INC. $92 (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 162.0 million;…

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