Belpointe Asset Management LLC Has $1.58 Million Stock Holdings in Dell Technologies Inc. $DELL

Key Points

• Belpointe Asset Management LLC significantly increased its holdings in Dell Technologies by 390.1%, bringing their total investment to $1.58 million with 17,375 shares owned.
• Several other institutional investors also increased their stakes in Dell during the first quarter, with significant contributions from Vanguard Group and Boston Partners.
• Dell Technologies recently reported earnings of $2.32 per share and announced a $0.525 quarterly dividend, marking a yield of 1.7% for shareholders.

Belpointe Asset Management LLC increased its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 390.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,375 shares of the technology company's stock after purchasing an additional 13,830 shares during the period. Belpointe Asset Management LLC's holdings in Dell Technologies were worth $1,584,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after purchasing an additional 1,145,658 shares in the last quarter. Boston Partners increased its holdings in shares of Dell Technologies by 34.4% during the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock worth $466,418,000 after buying an additional 1,312,600 shares in the last quarter. Deutsche Bank AG grew its stake in shares of Dell Technologies by 38.1% during 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 grew its stake in shares of Dell Technologies by 41.4% during 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. grew its stake in shares of Dell Technologies by 20.5% during 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. Institutional investors and hedge funds own 76.37% of the company's stock.

Insider Buying and Selling

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $127.56, for a total value of $76,536,000.00. Following the sale, the director directly owned 980,295 shares in the company, valued at approximately $125,046,430.20. This trade represents a 37.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 6,086 shares of the firm'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 sale, the director owned 986,261 shares in the company, valued at approximately $121,803,233.50. The trade was a 0.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,618,897 shares of company stock valued at $1,428,008,024. 42.00% of the stock is owned by company insiders.

Dell Technologies Stock Performance

DELL opened at $124.32 on Thursday. The firm's fifty day moving average is $129.35 and its two-hundred day moving average is $110.84. The firm has a market cap of $84.39 billion, a PE ratio of 18.28, a price-to-earnings-growth ratio of 0.83 and a beta of 1.01. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its 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. The company had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period last year, the business 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. Equities analysts forecast 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 will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be issued a $0.525 dividend. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.7%. Dell Technologies's dividend payout ratio (DPR) is 30.88%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DELL shares. Morgan Stanley increased their price target on shares of Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. The Goldman Sachs Group set a $140.00 price objective on shares of Dell Technologies and gave the company a "buy" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Wall Street Zen cut shares of Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday, July 14th. Finally, UBS Group raised their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the company a "buy" rating in a research note 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. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $146.31.

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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