Concurrent Investment Advisors LLC Lowers Stock Holdings in Hewlett Packard Enterprise Company $HPE

Key Points

• Concurrent Investment Advisors reduced its HPE stake by 19% in the second quarter, selling 50,299 shares and retaining 214,099 shares valued at approximately $9.66 million.
• HPE reported strong fiscal third-quarter results, with adjusted EPS of $1.11 and revenue of $12.21 billion, up 33.7% year over year. Management also raised fiscal 2026 EPS guidance to $3.75–$3.85, citing robust AI and networking demand.
• Despite the earnings beat and raised outlook, HPE shares fell as investors worried that component shortages could constrain AI-related shipments and pressure margins. Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and average price target of $69.44.

Concurrent Investment Advisors LLC lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 19.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 214,099 shares of the technology company's stock after selling 50,299 shares during the period. Concurrent Investment Advisors LLC's holdings in Hewlett Packard Enterprise were worth $9,658,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HPE. Headlands Technologies LLC purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $26,000. Delos Wealth Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise during the second quarter worth approximately $27,000. SJS Investment Consulting Inc. raised its stake in shares of Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock worth $28,000 after purchasing an additional 716 shares during the last quarter. Union Savings Bank acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth $30,000. Finally, First Bancorp Inc ME acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $30,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise News Summary

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
• Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
• Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
• Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
• Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

Analyst Ratings Changes

Several equities analysts have issued reports on HPE shares. The Goldman Sachs Group boosted their price objective on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. Zacks Research cut shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. Wells Fargo & Company lowered their target price on shares of Hewlett Packard Enterprise from $67.00 to $54.00 and set an "equal weight" rating on the stock in a report on Thursday. Morgan Stanley dropped their price target on shares of Hewlett Packard Enterprise from $69.00 to $67.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 2nd. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $69.44.

Hewlett Packard Enterprise Stock Down 4.6%

Hewlett Packard Enterprise stock opened at $51.96 on Friday. The stock's 50 day moving average price is $49.95 and its 200 day moving average price is $37.78. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $64.25. The company has a market cap of $68.81 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 0.61 and a beta of 1.43. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The firm had revenue of $12.21 billion during the quarter, compared to analysts' expectations of $11.97 billion. During the same quarter in the prior year, the business posted $0.44 earnings per share. Hewlett Packard Enterprise's revenue was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. On average, sell-side analysts predict that Hewlett Packard Enterprise Company will post 3.03 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 29.69%.

Insider Activity at Hewlett Packard Enterprise

In related news, SVP Kirt Karros sold 18,785 shares of the firm's stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by company insiders.

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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