Cornerstone Select Advisors LLC Buys Shares of 3,670 Dell Technologies Inc. $DELL

Key Points

• Cornerstone Select Advisors LLC invested $335,000 in Dell Technologies by acquiring 3,670 shares during the first quarter.
• Insider sales have been significant, with insider William F. Scannell selling 91,230 shares for over $10 million, representing a 61.78% decrease in their stake.
• Dell Technologies announced a quarterly dividend of $0.525 per share, yielding 1.5%, with a payout ratio of 33.49%.

Cornerstone Select Advisors LLC acquired a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,670 shares of the technology company's stock, valued at approximately $335,000.

A number of other institutional investors have also recently added to or reduced their stakes in DELL. Exchange Traded Concepts LLC grew its position in shares of Dell Technologies by 25.9% in the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after purchasing an additional 506 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in Dell Technologies by 44.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after buying an additional 809 shares during the last quarter. Mather Group LLC. increased its position in Dell Technologies by 113.3% during the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after buying an additional 554 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in shares of Dell Technologies by 54.6% in the first quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock worth $402,000 after acquiring an additional 1,558 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Dell Technologies by 9.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company's stock valued at $5,417,000 after acquiring an additional 4,977 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Performance

Shares of NYSE DELL traded up $2.9490 during trading on Friday, hitting $130.7790. The company had a trading volume of 3,782,567 shares, compared to its average volume of 7,076,519. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The business's 50-day moving average is $127.34 and its 200 day moving average is $109.48. The company has a market cap of $88.78 billion, a P/E ratio of 20.86, a PEG ratio of 0.90 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The company had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%.The business's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.27 earnings per share. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. On average, research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, July 22nd. Dell Technologies's dividend payout ratio is 33.49%.

Insider Transactions at Dell Technologies

In other news, General Counsel Richard J. Rothberg sold 70,165 shares of Dell Technologies stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $108.82, for a total value of $7,635,355.30. Following the transaction, the general counsel directly owned 79,928 shares in the company, valued at approximately $8,697,764.96. The trade was a 46.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Michael S. Dell sold 10,000,000 shares of the company'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 completion of the transaction, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This trade 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 12,989,063 shares of company stock worth $1,583,673,412. Corporate insiders own 42.00% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on DELL. Morgan Stanley lifted their price objective on Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research report on Thursday. KeyCorp began coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They issued a "sector weight" rating for the company. UBS Group decreased their target price on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating on the stock in a research report on Friday, May 30th. 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 report on Thursday, July 17th. Finally, Raymond James Financial increased their price target on Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, May 30th. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $144.06.

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).