AG2R LA Mondiale Gestion D Actifs Takes $1.23 Million Position in Dell Technologies Inc. $DELL

Key Points

• AG2R LA Mondiale Gestion D Actifs invested approximately $1.23 million in Dell Technologies Inc. by acquiring 13,473 shares during the first quarter.
• Several institutional investors, including Vanguard Group and Boston Partners, have increased their holdings in Dell Technologies, indicating growing confidence in the company.
• Dell Technologies announced a quarterly dividend of $0.525 per share, reflecting a 1.7% dividend yield, with an ex-dividend date set for October 21st.

AG2R LA Mondiale Gestion D Actifs acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,473 shares of the technology company's stock, valued at approximately $1,228,000.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Dell Technologies by 4.1% during the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock valued at $2,653,032,000 after buying an additional 1,145,658 shares during the last quarter. Boston Partners boosted its holdings in Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock valued at $466,418,000 after purchasing an additional 1,312,600 shares during the last quarter. Deutsche Bank AG boosted its holdings in Dell Technologies by 38.1% in the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock valued at $377,508,000 after purchasing an additional 1,142,012 shares during the last quarter. Alkeon Capital Management LLC boosted its holdings in Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company's stock valued at $289,657,000 after purchasing an additional 931,032 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Dell Technologies by 20.5% in the first quarter. Invesco Ltd. now owns 2,952,829 shares of the technology company's stock valued at $269,150,000 after purchasing an additional 502,764 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider William F. Scannell sold 91,230 shares of the company's stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $118.42, for a total transaction of $10,803,456.60. Following the completion of the transaction, the insider owned 56,429 shares in the company, valued at $6,682,322.18. This represents a 61.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael S. Dell sold 10,000,000 shares of the company's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $122.27, for a total transaction 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,618,897 shares of company stock worth $1,428,008,024. Company insiders own 42.00% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on DELL. Bank of America upped their price target on shares of Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a report on Friday, August 29th. KeyCorp began coverage on shares of Dell Technologies in a report on Thursday, June 26th. They issued a "sector weight" rating on the stock. Susquehanna reaffirmed a "neutral" rating and issued a $125.00 price target on shares of Dell Technologies in a report on Wednesday, August 13th. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Wells Fargo & Company upped their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $146.31.

Dell Technologies Stock Down 0.3%

DELL opened at $124.98 on Friday. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66. The company has a 50-day moving average price of $129.36 and a 200 day moving average price of $110.98. The company has a market cap of $84.84 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results 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. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. During the same quarter in the prior year, the firm earned $1.89 EPS. The company's revenue for the quarter 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. As a group, sell-side analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Dell Technologies Company 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).

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