Sivia Capital Partners LLC Acquires New Shares in Dell Technologies Inc. $DELL

Key Points

• Sivia Capital Partners LLC acquired a new position by purchasing 2,672 shares of Dell Technologies Inc. valued at approximately $328,000 in Q2.
• Dell Technologies reported an EPS of $2.32 for the last quarter, exceeding expectations with a revenue of $29.78 billion, indicating a 19.0% year-over-year increase.
• The company declared a quarterly dividend of $0.525, leading to an annualized dividend yield of 1.6% with an ex-dividend date set for October 21st.

Sivia Capital Partners LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,672 shares of the technology company's stock, valued at approximately $328,000.

Other institutional investors have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies during the first quarter valued at approximately $25,000. N.E.W. Advisory Services LLC acquired a new position in Dell Technologies during the first quarter valued at approximately $26,000. Cheviot Value Management LLC acquired a new position in Dell Technologies during the first quarter valued at approximately $27,000. Flaharty Asset Management LLC acquired a new position in Dell Technologies during the first quarter valued at approximately $27,000. Finally, Cullen Frost Bankers Inc. raised its position in 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 purchasing an additional 222 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 725 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $126.39, for a total value of $91,632.75. Following the completion of the sale, the director owned 23,680 shares in the company, valued at approximately $2,992,915.20. This trade represents a 2.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William D. Green sold 50,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the sale, the director owned 45,045 shares of the company's stock, valued at approximately $6,306,300. The trade was a 52.61% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,693,392 shares of company stock worth $1,568,257,000. Corporate insiders own 42.00% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on DELL shares. Raymond James Financial boosted their price objective on shares of Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Fox Advisors downgraded shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a report on Friday, August 29th. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Bank of America upped their price target on shares of Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Wells Fargo & Company upped their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $147.67.

Dell Technologies Trading Up 2.9%

NYSE DELL traded up $3.86 during trading hours on Monday, hitting $135.80. The company's stock had a trading volume of 3,244,128 shares, compared to its average volume of 7,097,855. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The company has a market capitalization of $91.31 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01. The company's 50-day simple moving average is $129.71 and its two-hundred day simple moving average is $112.16.

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

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid a $0.525 dividend. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.5%. Dell Technologies's dividend payout ratio (DPR) is 30.88%.

Dell Technologies 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).