Versor Investments LP Makes New Investment in Dell Technologies Inc. $DELL

Key Points

• Versor Investments LP acquired 3,404 shares of Dell Technologies Inc. for approximately $310,000 during the first quarter.
• Several hedge funds have also recently added positions in Dell, with institutional investors collectively owning 76.37% of the company's stock.
• Dell Technologies declared a quarterly dividend of $0.525 per share, reflecting a 1.6% dividend yield with a payout ratio of 33.49%.

Versor Investments LP bought a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,404 shares of the technology company's stock, valued at approximately $310,000.

A number of other large investors also recently bought and sold shares of DELL. Bellwether Advisors LLC purchased a new stake in Dell Technologies during the fourth quarter worth about $25,000. Smallwood Wealth Investment Management LLC purchased a new stake in Dell Technologies during the first quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new stake in Dell Technologies during the first quarter worth about $26,000. Cheviot Value Management LLC purchased a new stake in Dell Technologies during the first quarter worth about $27,000. Finally, Cullen Frost Bankers Inc. increased its stake in Dell Technologies by 270.7% during the first quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock worth $28,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Up 0.0%

Dell Technologies stock traded up $0.04 during mid-day trading on Tuesday, hitting $131.05. The company had a trading volume of 2,057,967 shares, compared to its average volume of 7,021,358. The stock has a market cap of $88.96 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 0.91 and a beta of 1.02. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The business has a fifty day moving average of $128.11 and a 200 day moving average of $109.92.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.68 by ($0.13). The firm had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. Dell Technologies's revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.27 earnings per share. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. Equities analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's dividend payout ratio is presently 33.49%.

Insiders Place Their Bets

In other news, CAO Brunilda Rios sold 6,000 shares of the 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 sale, the chief accounting officer directly owned 18,948 shares of the company's stock, valued at approximately $2,392,942.92. This represents a 24.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the sale, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,989,063 shares of company stock valued at $1,583,673,412. 42.00% of the stock is owned by insiders.

Analysts Set New Price Targets

DELL has been the topic of a number of recent research reports. KeyCorp initiated coverage on shares of Dell Technologies in a research note on Thursday, June 26th. They set a "sector weight" rating on the stock. Citigroup boosted their price target on shares of Dell Technologies from $135.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. JPMorgan Chase & Co. upped their target price on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Wall Street Zen lowered shares of Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday, July 14th. Finally, Evercore ISI upped their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a research note on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $144.06.

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).