Exchange Traded Concepts LLC Raises Position in Hewlett Packard Enterprise Company $HPE

Key Points

• Exchange Traded Concepts LLC increased its HPE stake by 2,027.7% in the second quarter, bringing its holdings to 205,197 shares valued at approximately $9.3 million. Institutional investors collectively own 80.78% of the company.
• HPE reported quarterly earnings of $0.79 per share and revenue of $10.68 billion, exceeding analyst estimates, while revenue rose 40% year over year. The company issued fiscal 2026 EPS guidance of $3.35–$3.45 and maintains a $0.57 annualized dividend.
• Analyst sentiment is broadly positive, with an average “Moderate Buy” rating and a consensus price target of $69.80. Recent optimism has focused on AI infrastructure demand and regulatory approval allowing HPE to proceed with its Juniper Networks acquisition, though legal scrutiny remains a risk.

Exchange Traded Concepts LLC grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 2,027.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,197 shares of the technology company's stock after acquiring an additional 195,553 shares during the period. Exchange Traded Concepts LLC's holdings in Hewlett Packard Enterprise were worth $9,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC raised its holdings 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 purchasing an additional 113,906 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company's stock worth $69,000 after buying an additional 1,377 shares during the period. Brown Advisory Inc. lifted its position in shares of Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company's stock valued at $482,000 after buying an additional 996 shares in the last quarter. Jump Financial LLC lifted its position in shares of Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company's stock valued at $320,000 after buying an additional 3,215 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at approximately $207,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Trading Up 1.8%

Hewlett Packard Enterprise stock opened at $59.83 on Friday. The stock has a market cap of $79.23 billion, a P/E ratio of 55.92, a PEG ratio of 0.63 and a beta of 1.42. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The firm's 50 day moving average price is $48.02 and its 200-day moving average price is $34.37.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to analysts' expectations of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. Hewlett Packard Enterprise's quarterly revenue was up 40.0% on a year-over-year basis. During the same period last year, the company posted ($0.82) earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. On average, equities analysts predict that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.1425 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 53.27%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, June 22nd. The stock was 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 SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by insiders.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: A judge approved the U.S. Department of Justice settlement that allows HPE to proceed with its acquisition of Juniper Networks. The ruling removes a significant regulatory obstacle and reduces uncertainty surrounding the deal, which investors may view as strategically important for expanding HPE’s networking business. Hewlett Packard Enterprise wins approval for DOJ settlement in Juniper deal
• Positive Sentiment: Morgan Stanley upgraded HPE, adding to bullish analyst sentiment. The upgrade follows a sharp rally and reflects greater optimism about the company’s earnings outlook and AI-related infrastructure opportunities. Hewlett Packard Enterprise Stock Rating Upgraded by Morgan Stanley
• Positive Sentiment: HPE benefited from strength across AI-server stocks after Super Micro Computer issued strong fiscal 2027 guidance. The sector-wide move suggests investors remain focused on robust demand for AI data-center infrastructure. Super Micro Advances, Dell Gains, HPE Rises on Blowout AI Server Guidance
• Positive Sentiment: HPE’s earnings outlook is attracting attention: Zacks cited its history of earnings surprises and upgraded the stock to a Rank #2, or Buy. Analysts’ estimate revisions and a consensus price target implying additional upside are supporting the bullish case. Hewlett Packard Enterprise Rating Upgrade to Buy
• Neutral Sentiment: HPE will report fiscal third-quarter results on September 2. The scheduled call gives investors a near-term catalyst to assess AI demand, Juniper integration expectations and whether recent earnings momentum can continue. HPE to Present Live Audio Webcast of Fiscal 2026 Third Quarter Earnings Conference Call
• Negative Sentiment: Several states opposed the DOJ settlement, arguing it was ineffective and improperly reached. Although the judge approved the agreement, continued scrutiny could create legal, timing or integration risks for the Juniper transaction. Judge Affirms Settlement Allowing HPE’s Deal for Juniper

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HPE. Morgan Stanley raised shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and reduced their target price for the stock from $71.00 to $69.00 in a report on Monday. Wells Fargo & Company upped their price target on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Tuesday, June 2nd. Sanford C. Bernstein increased their price objective on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a "market perform" rating in a research note on Tuesday, June 2nd. Susquehanna raised their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a "neutral" rating in a research report on Tuesday, June 2nd. Finally, Barclays lifted their target price on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an "overweight" rating in a research note on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise has an average rating of "Moderate Buy" and an average target price of $69.80.

Hewlett Packard Enterprise 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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