Dell Technologies Inc. $DELL Shares Acquired by Acadian Asset Management LLC

Key Points

• Acadian Asset Management LLC increased its holdings in Dell Technologies by 127.4% in the first quarter, now owning shares worth approximately $2.1 million.
• Dell Technologies reported an EPS of $2.32 for the last quarter, exceeding estimates, with revenues of $29.78 billion, a 19% increase year-over-year.
• The company announced a quarterly dividend of $0.525 per share, expected to be paid on October 31st, with a current yield of 1.6%.

Acadian Asset Management LLC increased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 127.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,120 shares of the technology company's stock after purchasing an additional 12,951 shares during the quarter. Acadian Asset Management LLC's holdings in Dell Technologies were worth $2,103,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DELL. Brighton Jones LLC raised its position in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock valued at $347,000 after purchasing an additional 901 shares during the period. Shell Asset Management Co. bought a new stake in shares of Dell Technologies in the 4th quarter worth about $113,000. Wexford Capital LP grew its holdings in Dell Technologies by 21.7% during the 4th quarter. Wexford Capital LP now owns 3,432 shares of the technology company's stock valued at $396,000 after purchasing an additional 612 shares during the last quarter. Westwood Holdings Group Inc. grew its holdings in Dell Technologies by 6.0% during the 4th quarter. Westwood Holdings Group Inc. now owns 40,556 shares of the technology company's stock valued at $4,674,000 after purchasing an additional 2,289 shares during the last quarter. Finally, Visionary Wealth Advisors boosted its position in Dell Technologies by 39.9% in the 4th quarter. Visionary Wealth Advisors now owns 2,470 shares of the technology company's stock valued at $285,000 after buying an additional 704 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DELL. The Goldman Sachs Group set a $140.00 price target on shares of Dell Technologies and gave the stock a "buy" rating in a research report on Thursday, August 28th. Raymond James Financial increased their target price 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. UBS Group increased their target price on shares of Dell Technologies from $145.00 to $155.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Evercore ISI increased their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a research report on Friday, August 15th. Finally, Wells Fargo & Company upped their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, August 29th. Sixteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $147.67.

Dell Technologies Price Performance

Shares of DELL stock traded up $0.09 during trading on Friday, reaching $132.20. The company's stock had a trading volume of 9,044,942 shares, compared to its average volume of 6,862,990. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66. The company has a market capitalization of $88.89 billion, a price-to-earnings ratio of 19.44, a P/E/G ratio of 0.91 and a beta of 1.01. The stock's 50-day moving average price is $129.71 and its 200 day moving average price is $111.93.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The company's revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous 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. On average, sell-side 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. This represents a $2.10 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies's payout ratio is currently 30.88%.

Insider Buying and Selling at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.20, for a total value of $78,875,000.00. Following the sale, the director directly owned 960,050 shares of the company's stock, valued at approximately $121,158,310. This represents a 39.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William D. Green sold 50,000 shares of the stock in a transaction dated 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 completion of the sale, the director directly owned 45,045 shares in the company, valued at approximately $6,306,300. The trade was a 52.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,693,392 shares of company stock worth $1,568,257,000. Company 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).