Dell Technologies (NYSE:DELL) Director V (Gp) L.L.C. Slta Sells 2,220 Shares

Key Points

• Director V (Gp) L.L.C. Slta of Dell Technologies sold 2,220 shares on October 2nd at an average price of $146.07, amounting to a transaction total of $324,275.40.
• Dell Technologies reported robust earnings with $2.32 EPS for the recent quarter, exceeding analysts' expectations, and experienced a 19.0% increase in year-over-year revenue.
• The company declared a quarterly dividend of $0.525 per share, set to be paid on October 31st, contributing to a dividend yield of 1.5%.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 2,220 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $146.07, for a total transaction of $324,275.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

V (Gp) L.L.C. Slta also recently made the following trade(s):

• On Wednesday, October 1st, V (Gp) L.L.C. Slta sold 292,351 shares of Dell Technologies stock. The shares were sold at an average price of $146.03, for a total transaction of $42,692,016.53.
• On Wednesday, October 1st, V (Gp) L.L.C. Slta sold 217,649 shares of Dell Technologies stock. The shares were sold at an average price of $147.09, for a total transaction of $32,013,991.41.
• On Thursday, September 25th, V (Gp) L.L.C. Slta sold 12,481 shares of Dell Technologies stock. The shares were sold at an average price of $130.62, for a total transaction of $1,630,268.22.
• On Thursday, September 18th, V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock. The shares were sold at an average price of $132.32, for a total transaction of $74,760,800.00.
• On Thursday, July 17th, V (Gp) L.L.C. Slta sold 6,086 shares of Dell Technologies stock. The shares were sold at an average price of $123.50, for a total transaction of $751,621.00.
• On Tuesday, July 15th, V (Gp) L.L.C. Slta sold 173,100 shares of Dell Technologies stock. The shares were sold at an average price of $126.01, for a total transaction of $21,812,331.00.
• On Wednesday, July 16th, V (Gp) L.L.C. Slta sold 3,900 shares of Dell Technologies stock. The shares were sold at an average price of $125.29, for a total transaction of $488,631.00.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded down $6.73 during trading on Friday, reaching $140.64. 6,506,377 shares of the stock traded hands, compared to its average volume of 7,109,496. The stock has a 50-day moving average of $131.65 and a two-hundred day moving average of $114.63. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $152.10. The stock has a market cap of $94.56 billion, a P/E ratio of 20.68, a price-to-earnings-growth ratio of 1.03 and a beta of 1.04.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter in the prior year, the company posted $1.89 earnings per share. The business's revenue for the quarter was up 19.0% on a year-over-year basis. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Sell-side analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.5%. Dell Technologies's dividend payout ratio is presently 30.88%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Raymond James Financial increased their price target on shares of Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a report on Friday, August 29th. Barclays raised their target price on shares of Dell Technologies from $131.00 to $133.00 and gave the stock an "equal weight" rating in a report on Wednesday, September 17th. The Goldman Sachs Group raised their target price on shares of Dell Technologies from $150.00 to $155.00 and gave the stock a "buy" rating in a report on Tuesday. Daiwa Capital Markets raised their target price on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, September 11th. Finally, Evercore ISI raised their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $148.67.

Institutional Trading of Dell Technologies

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Dell Technologies by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock valued at $2,653,032,000 after purchasing an additional 1,145,658 shares during the period. State Street Corp raised its position in shares of Dell Technologies by 2.1% during the 2nd quarter. State Street Corp now owns 14,099,317 shares of the technology company's stock valued at $1,728,576,000 after purchasing an additional 292,167 shares during the period. Boston Partners raised its position in shares of Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company's stock valued at $725,586,000 after purchasing an additional 771,966 shares during the period. Norges Bank bought a new stake in shares of Dell Technologies during the 2nd quarter valued at $528,279,000. Finally, Deutsche Bank AG raised its position in shares of Dell Technologies by 38.1% during the 1st quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock valued at $377,508,000 after purchasing an additional 1,142,012 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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