FOPE S.p.A. (FPE) posted a strong second quarter in 2026, with revenue rising to $33.1 million, up 20.3% from a year earlier. Gross profit increased 30.6% to $11.5 million, while operating profit climbed 41.3% to $7.6 million.
Bottom-line performance was even stronger. Net income attributable to common shareholders rose 59.4% to $5.3 million, and diluted earnings per share advanced 58.0% to $0.97. Cost of sales increased 15.4% to $21.6 million, but profit growth outpaced expense growth overall.
The balance sheet showed higher liquidity, with cash and cash equivalents up 36.4% to $28.3 million. Total liabilities also increased, reaching $61.6 million, reflecting a 47.3% year-over-year increase.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
FOPE S.p.A. Hedge Fund Activity
We have seen 253 institutional investors add shares of FOPE S.p.A. stock to their portfolio, and 226 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STONEBRIDGE ADVISORS LLC removed 2,368,824 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $42,046,626
- JANE STREET GROUP, LLC removed 1,789,032 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $31,987,892
- WELLS FARGO & COMPANY/MN added 1,303,815 shares (+7.7%) to their portfolio in Q2 2026, for an estimated $23,312,212
- MORGAN STANLEY added 796,039 shares (+1.5%) to their portfolio in Q2 2026, for an estimated $14,233,177
- JPMORGAN CHASE & CO added 741,502 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,258,055
- LPL FINANCIAL LLC added 672,035 shares (+3.8%) to their portfolio in Q2 2026, for an estimated $12,015,985
- WEALTHSPIRE RETIREMENT, LLC added 634,468 shares (+inf%) to their portfolio in Q2 2026, for an estimated $11,344,287
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
