Scientech Research LLC Invests $1.05 Million in Dell Technologies Inc. $DELL

Key Points

• Scientech Research LLC has acquired 11,527 shares of Dell Technologies, valued at approximately $1,051,000, during the first quarter.
• Analysts have raised their price targets for Dell Technologies, with JPMorgan increasing it from $125.00 to $145.00 and Evercore boosting it from $150.00 to $160.00.
• Insiders, including CEO Michael S. Dell, have sold a significant amount of shares, with a total of 12.9 million shares sold in the last 90 days, valued at over $1.5 billion.

Scientech Research LLC acquired a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,527 shares of the technology company's stock, valued at approximately $1,051,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Smallwood Wealth Investment Management LLC purchased a new position in Dell Technologies in the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC purchased a new stake in Dell Technologies during the 1st quarter valued at $26,000. Cheviot Value Management LLC bought a new stake in Dell Technologies in the 1st quarter worth $27,000. Cullen Frost Bankers Inc. increased its stake in shares of Dell Technologies by 270.7% during the first quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after buying an additional 222 shares during the period. Finally, Crowley Wealth Management Inc. raised its holdings in Dell Technologies by 86.2% in the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock worth $30,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Up 0.4%

DELL traded up $0.54 during midday trading on Friday, reaching $125.91. The company had a trading volume of 1,853,955 shares, compared to its average volume of 7,121,547. The business has a 50-day moving average of $129.36 and a two-hundred day moving average of $110.91. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The company has a market cap of $85.47 billion, a P/E ratio of 18.55, a P/E/G ratio of 0.85 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. During the same period in the previous year, the company posted $1.89 EPS. The firm's revenue 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. On average, equities research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.7%. Dell Technologies's dividend payout ratio is currently 30.88%.

Insiders Place Their Bets

In other Dell Technologies news, CAO Brunilda Rios sold 6,000 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.29, for a total value of $757,740.00. Following the completion of the transaction, the chief accounting officer directly owned 18,948 shares in the company, valued at $2,392,942.92. This represents a 24.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William D. Green sold 50,000 shares of the stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the sale, the director directly owned 45,045 shares of the company's stock, valued at approximately $6,306,300. This trade represents a 52.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,618,897 shares of company stock worth $1,428,008,024 in the last three months. 42.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Barclays boosted their price objective on shares of Dell Technologies from $123.00 to $131.00 and gave the stock an "equal weight" rating in a research note on Friday, August 29th. KeyCorp assumed coverage on Dell Technologies in a research note on Thursday, June 26th. They issued a "sector weight" rating for the company. Fox Advisors downgraded shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a research report on Friday, August 29th. Raymond James Financial lifted their target price on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Finally, Cowen reiterated a "hold" rating on shares of Dell Technologies in a research note on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Dell Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $146.31.

About Dell Technologies

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).