More activists rush in to HPE

Multiple activist investors, including Irenic Capital, have taken stakes in Hewlett Packard Enterprise (HPE) amid ongoing pressure from Elliott Management following the company's $16 billion acquisition of Juniper Networks. Elliott, which built a $1.5 billion position and secured board representation rights, expects to make additional appointments in July, attracting new activists to the stock. HPE's share price has doubled since Elliott's entry and revenue growth jumped 14% in 2025.