Ashford Capital Management Inc. Has $1.34 Million Stock Position in Dell Technologies Inc. $DELL

Key Points

• Ashford Capital Management Inc. reduced its stake in Dell Technologies by 47.7%, now holding 14,679 shares worth $1.34 million after selling 13,411 shares.
• Several analysts have raised their price targets for Dell Technologies, with Citigroup increasing its objective from $135 to $160, while the average target price is now $146.31.
• Dell Technologies reported quarterly earnings of $2.32 per share, exceeding estimates, and announced a $0.525 quarterly dividend, leading to an annualized yield of 1.7%.

Ashford Capital Management Inc. lowered its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 47.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,679 shares of the technology company's stock after selling 13,411 shares during the period. Ashford Capital Management Inc.'s holdings in Dell Technologies were worth $1,338,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC grew its holdings in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after acquiring an additional 901 shares during the period. Coldstream Capital Management Inc. boosted its position in Dell Technologies by 16.7% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,805 shares of the technology company's stock worth $323,000 after purchasing an additional 401 shares in the last quarter. Lido Advisors LLC boosted its position in Dell Technologies by 41.5% during the fourth quarter. Lido Advisors LLC now owns 13,248 shares of the technology company's stock worth $1,527,000 after purchasing an additional 3,888 shares in the last quarter. Utah Retirement Systems boosted its position in Dell Technologies by 3.2% during the fourth quarter. Utah Retirement Systems now owns 46,473 shares of the technology company's stock worth $5,356,000 after purchasing an additional 1,436 shares in the last quarter. Finally, Comerica Bank boosted its position in Dell Technologies by 10.4% during the fourth quarter. Comerica Bank now owns 71,203 shares of the technology company's stock worth $8,205,000 after purchasing an additional 6,689 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on DELL. KeyCorp began coverage on Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating on the stock. The Goldman Sachs Group set a $140.00 price objective on Dell Technologies and gave the company a "buy" rating in a research report on Thursday, August 28th. Fox Advisors downgraded Dell Technologies from an "overweight" rating to an "equal weight" rating in a research report on Friday, August 29th. Raymond James Financial upped their price objective on Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Finally, Citigroup upped their price objective on Dell Technologies from $135.00 to $160.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $146.31.

Dell Technologies Stock Performance

Dell Technologies stock traded up $2.78 during trading on Wednesday, hitting $123.74. The company's stock had a trading volume of 5,947,339 shares, compared to its average volume of 7,146,278. The stock has a market capitalization of $84.00 billion, a price-to-earnings ratio of 18.20, a P/E/G ratio of 0.85 and a beta of 1.01. The stock's fifty day moving average is $129.24 and its 200 day moving average is $110.56. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping 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 company had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. During the same period in the prior year, the firm posted $1.89 earnings per share. The firm's revenue 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. On average, research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were given a $0.525 dividend. The ex-dividend date was Tuesday, July 22nd. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies's dividend payout ratio (DPR) is presently 30.88%.

Insider Buying and Selling at Dell Technologies

In related news, Director William D. Green sold 50,000 shares of the business's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the completion of the transaction, the director owned 45,045 shares in the company, valued at $6,306,300. The trade was a 52.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael S. Dell sold 10,000,000 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the transaction, the chief executive officer owned 25,912,241 shares of the company's stock, valued at $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 ninety days, insiders have sold 12,918,898 shares of company stock worth $1,576,038,056. 42.00% of the stock is owned by company insiders.

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).