American Century Companies Inc. Has $2.73 Million Holdings in Dell Technologies Inc. $DELL

Key Points

• American Century Companies Inc. increased its stake in Dell Technologies by 14.4%, owning a total of 29,962 shares valued at approximately $2.73 million after acquiring an additional 3,763 shares.
• Dell Technologies recently reported earnings of $2.32 per share, exceeding estimates, with revenue rising 19% year-over-year to $29.78 billion.
• The company's quarterly dividend was recently announced at $0.525 per share, yielding around 1.7%, and the stock has experienced notable insider selling in recent months.

American Century Companies Inc. boosted its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 14.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,962 shares of the technology company's stock after purchasing an additional 3,763 shares during the quarter. American Century Companies Inc.'s holdings in Dell Technologies were worth $2,731,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Aberdeen Group plc lifted its position in shares of Dell Technologies by 144.0% in the 1st quarter. Aberdeen Group plc now owns 242,074 shares of the technology company's stock worth $21,738,000 after acquiring an additional 142,863 shares during the period. Horizon Investments LLC lifted its position in shares of Dell Technologies by 5.3% in the 1st quarter. Horizon Investments LLC now owns 23,233 shares of the technology company's stock worth $2,104,000 after acquiring an additional 1,179 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Dell Technologies in the 1st quarter worth approximately $1,299,000. Seaview Investment Managers LLC bought a new stake in shares of Dell Technologies in the 1st quarter worth approximately $230,000. Finally, Sei Investments Co. lifted its position in shares of Dell Technologies by 16.3% in the 1st quarter. Sei Investments Co. now owns 201,564 shares of the technology company's stock worth $19,069,000 after acquiring an additional 28,302 shares during the period. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Down 1.4%

DELL traded down $1.72 during trading on Friday, hitting $124.95. The company's stock had a trading volume of 6,407,651 shares, compared to its average volume of 5,904,127. The firm's 50 day moving average price is $129.34 and its two-hundred day moving average price is $110.77. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $147.66. The stock has a market capitalization of $84.82 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 0.87 and a beta of 1.01.

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 (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.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 previous year, the company posted $1.89 EPS. The business's revenue for the quarter was up 19.0% compared to the same quarter last year. 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 forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

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

Insider Activity at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 6,086 shares of the business's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $123.50, for a total transaction of $751,621.00. Following the completion of the sale, the director owned 986,261 shares in the company, valued at $121,803,233.50. The trade was a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William D. Green sold 50,000 shares of the business's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $140.00, for a total value 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. Insiders have sold a total of 12,918,898 shares of company stock valued at $1,576,038,056 over the last quarter. 42.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DELL has been the subject of a number of research reports. UBS Group raised their price objective on Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Mizuho raised their target price on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. JPMorgan Chase & Co. boosted their price target on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Fox Advisors lowered Dell Technologies from an "overweight" rating to an "equal weight" rating in a research note on Friday, August 29th. Finally, Morgan Stanley boosted their price target on Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Fourteen equities research 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, Dell Technologies presently has an average rating of "Moderate Buy" and an average target price of $146.31.

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).