Concurrent Investment Advisors LLC Increases Stock Position in Hewlett Packard Enterprise Company $HPE

Key Points

• Concurrent Investment Advisors LLC boosted its stake in HPE by 127.7% in Q4, purchasing an additional 128,843 shares to hold 229,699 shares worth about $5.52 million.
• HPE beat EPS estimates with $0.65 and reported revenue of $9.30 billion (up 18.4% year-over-year), provided FY2026 guidance of $2.30–$2.50 EPS, and carries a consensus analyst rating of Moderate Buy with an average target of $26.71.
• Despite high institutional ownership (~80.8%), corporate insiders have been net sellers, offloading 602,337 shares (about $15.44 million) in the past three months.

Concurrent Investment Advisors LLC grew its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 127.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,699 shares of the technology company's stock after purchasing an additional 128,843 shares during the period. Concurrent Investment Advisors LLC's holdings in Hewlett Packard Enterprise were worth $5,517,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Empowered Funds LLC increased its stake in Hewlett Packard Enterprise by 317.3% in the 1st quarter. Empowered Funds LLC now owns 149,810 shares of the technology company's stock worth $2,312,000 after acquiring an additional 113,906 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Hewlett Packard Enterprise by 44.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company's stock valued at $69,000 after acquiring an additional 1,377 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of Hewlett Packard Enterprise by 4.4% in the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company's stock valued at $482,000 after purchasing an additional 996 shares in the last quarter. Jump Financial LLC increased its position in Hewlett Packard Enterprise by 25.8% in the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company's stock worth $320,000 after purchasing an additional 3,215 shares during the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at $207,000. 80.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on HPE. Truist Financial began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, March 31st. They set a "buy" rating and a $31.00 price objective for the company. Weiss Ratings restated a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Wall Street Zen downgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a report on Saturday. Citigroup lifted their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group initiated coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a "buy" rating and a $31.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of "Moderate Buy" and an average target price of $26.71.

Hewlett Packard Enterprise Trading Up 0.1%

Shares of HPE opened at $28.18 on Monday. The company's fifty day simple moving average is $23.36 and its 200-day simple moving average is $23.15. The company has a market cap of $37.39 billion, a P/E ratio of -148.32, a P/E/G ratio of 0.73 and a beta of 1.20. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. Hewlett Packard Enterprise Company has a twelve month low of $15.71 and a twelve month high of $29.63.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to analysts' expectations of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The firm's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, analysts expect that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise's payout ratio is -300.00%.

Insiders Place Their Bets

In related news, EVP Fidelma Russo sold 34,001 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total value of $852,745.08. Following the transaction, the executive vice president owned 17,001 shares of the company's stock, valued at $426,385.08. This represents a 66.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil B. Macdonald sold 112,652 shares of the firm's stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the transaction, the executive vice president owned 56,494 shares in the company, valued at $1,417,434.46. The trade was a 66.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 602,337 shares of company stock worth $15,443,119 in the last three months. Corporate insiders own 0.44% of the company's stock.

Hewlett Packard Enterprise Company Profile

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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