Dell Technologies Inc. $DELL Shares Sold by Caisse DE Depot ET Placement DU Quebec

Key Points

• Caisse DE Depot ET Placement DU Quebec reduced its stake in Dell Technologies by 88.6%, owning 33,700 shares worth $3.07 million after selling 262,700 shares in the first quarter.
• Insiders at Dell Technologies sold 12.99 million shares in the last three months, with notable sales by CAO Brunilda Rios and Director Iv (Gp) L.L.C. Slta, reflecting significant decreases in their ownership positions.
• Dell Technologies reported $2.32 EPS for the latest quarter, exceeding estimates, and announced a quarterly dividend of $0.525, marking a 1.6% yield.

Caisse DE Depot ET Placement DU Quebec reduced its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 88.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,700 shares of the technology company's stock after selling 262,700 shares during the period. Caisse DE Depot ET Placement DU Quebec's holdings in Dell Technologies were worth $3,072,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC purchased a new position in Dell Technologies during the 1st quarter worth $26,000. Cheviot Value Management LLC purchased a new position in Dell Technologies during the 1st quarter worth $27,000. Cullen Frost Bankers Inc. grew its stake in Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock worth $28,000 after buying an additional 222 shares during the last quarter. Finally, Crowley Wealth Management Inc. grew its stake in Dell Technologies by 86.2% during the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock worth $30,000 after buying an additional 150 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on DELL shares. Wells Fargo & Company increased their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday. Cowen reissued a "hold" rating on shares of Dell Technologies in a report on Friday. KeyCorp assumed coverage on Dell Technologies in a report on Thursday, June 26th. They set a "sector weight" rating for the company. JPMorgan Chase & Co. boosted their price objective on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Raymond James Financial boosted their price objective on Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a report on Friday. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $146.31.

Insider Activity

In related news, 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 completion of the transaction, the chief executive officer owned 25,912,241 shares in the company, valued at $3,168,289,707.07. This represents a 27.85% 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, insider William F. Scannell sold 91,230 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $118.42, for a total transaction of $10,803,456.60. Following the transaction, the insider owned 56,429 shares of the company's stock, valued at approximately $6,682,322.18. This trade represents a 61.78% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,918,898 shares of company stock worth $1,576,038,056. Company insiders own 42.00% of the company's stock.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded down $1.24 during midday trading on Tuesday, reaching $120.91. 6,153,159 shares of the company's stock traded hands, compared to its average volume of 7,135,668. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The company has a market cap of $82.08 billion, a P/E ratio of 17.77, a PEG ratio of 0.85 and a beta of 1.01. The company has a fifty day simple moving average of $129.23 and a two-hundred day simple moving average of $110.49.

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, research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 22nd were 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 was Tuesday, July 22nd. Dell Technologies's dividend payout ratio is 30.88%.

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).