Aaron Wealth Advisors LLC Makes New Investment in Dell Technologies Inc. $DELL

Key Points

• Aaron Wealth Advisors LLC invested $241,000 in Dell Technologies Inc., acquiring 1,962 shares during the second quarter, highlighting growing institutional interest in the company.
• Directors at Dell Technologies have made significant stock sales, including William D. Green, who sold 50,000 shares for $7 million, and another entity that sold 565,000 shares totaling nearly $75 million.
• Dell Technologies recently reported robust quarterly earnings, exceeding estimates with a revenue of $29.78 billion, and announced a quarterly dividend of $0.525 per share, reflecting a yield of 1.6%.

Aaron Wealth Advisors LLC purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,962 shares of the technology company's stock, valued at approximately $241,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Exchange Traded Concepts LLC raised its holdings in Dell Technologies by 25.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock worth $224,000 after purchasing an additional 506 shares during the period. First Hawaiian Bank lifted its position in shares of Dell Technologies by 67.1% in the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company's stock valued at $3,179,000 after acquiring an additional 14,010 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of Dell Technologies by 44.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after acquiring an additional 809 shares in the last quarter. Mather Group LLC. lifted its position in shares of Dell Technologies by 113.3% in the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock valued at $95,000 after acquiring an additional 554 shares in the last quarter. Finally, Westbourne Investments Inc. lifted its position in shares of Dell Technologies by 167.5% in the first quarter. Westbourne Investments Inc. now owns 21,808 shares of the technology company's stock valued at $1,988,000 after acquiring an additional 13,657 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 0.9%

NYSE DELL traded up $1.18 during trading hours on Tuesday, hitting $136.87. 718,187 shares of the company were exchanged, compared to its average volume of 7,102,083. The stock has a 50-day moving average price of $129.91 and a 200 day moving average price of $112.47. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The stock has a market cap of $92.03 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last released its 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. The firm had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company's quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.89 earnings per share. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend 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 currently 30.88%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DELL shares. Susquehanna restated a "neutral" rating and issued a $125.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 13th. Sanford C. Bernstein started coverage on Dell Technologies in a report on Monday, September 15th. They issued an "outperform" rating and a $175.00 target price on the stock. Raymond James Financial lifted their target price on Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Wells Fargo & Company lifted their target price on Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Finally, Barclays lifted their target price on Dell Technologies from $131.00 to $133.00 and gave the stock an "equal weight" rating in a report on Wednesday, September 17th. Sixteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $147.67.

Insiders Place Their Bets

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William D. Green sold 50,000 shares of the company's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $140.00, for a total value of $7,000,000.00. Following the transaction, the director directly owned 45,045 shares in the company, valued at approximately $6,306,300. This represents a 52.61% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,679,811 shares of company stock worth $1,566,623,756. Corporate insiders own 42.00% of the company's stock.

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).