Crake Asset Management LLP Makes New $68.20 Million Investment in Dell Technologies Inc. $DELL

Key Points

• Crake Asset Management LLP invested approximately $68.20 million in Dell Technologies, acquiring 748,266 shares, which now represent 5.5% of its investment portfolio.
• Several institutional investors recently increased their positions in Dell Technologies, leading to an ownership of 76.37% of the company by institutional investors and hedge funds.
• Analysts are optimistic about Dell, with an average price target of $146.31 and a consensus rating of "Moderate Buy," following a positive quarterly earnings report showing revenue up 19% year-over-year.

Crake Asset Management LLP purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 748,266 shares of the technology company's stock, valued at approximately $68,204,000. Dell Technologies comprises approximately 5.5% of Crake Asset Management LLP's holdings, making the stock its 6th biggest position. Crake Asset Management LLP owned approximately 0.11% of Dell Technologies as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new stake in Dell Technologies in the first quarter worth approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in Dell Technologies in the first quarter worth $26,000. Cheviot Value Management LLC acquired a new position in Dell Technologies during the first quarter worth $27,000. Cullen Frost Bankers Inc. raised its holdings in Dell Technologies by 270.7% during the first quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after buying an additional 222 shares in the last quarter. Finally, Crowley Wealth Management Inc. lifted its position in shares of Dell Technologies by 86.2% in the first 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. Institutional investors and hedge funds own 76.37% of the company's stock.

Insider Transactions at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 6,086 shares of the stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $123.50, for a total value of $751,621.00. Following the completion of the transaction, the director owned 986,261 shares in the company, valued at approximately $121,803,233.50. This represents a 0.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Brunilda Rios sold 6,000 shares of the firm's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $126.29, for a total transaction of $757,740.00. Following the transaction, the chief accounting officer directly owned 18,948 shares of the company's stock, valued at $2,392,942.92. The trade was a 24.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,465,577 shares of company stock worth $1,523,910,674. 42.00% of the stock is currently owned by company insiders.

Dell Technologies Price Performance

Shares of NYSE DELL traded down $1.80 during mid-day trading on Monday, hitting $123.03. The company had a trading volume of 5,095,954 shares, compared to its average volume of 7,128,459. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $147.66. The firm has a market cap of $83.52 billion, a P/E ratio of 18.09, a PEG ratio of 0.86 and a beta of 1.01. The business's 50-day simple moving average is $129.34 and its 200-day simple moving average is $110.63.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 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 analysts' expectations of $29.14 billion. During the same quarter in the prior year, the firm posted $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, sell-side analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid 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 yield of 1.7%. Dell Technologies's payout ratio is currently 30.88%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DELL. Fox Advisors lowered Dell Technologies from an "overweight" rating to an "equal weight" rating in a report on Friday, August 29th. TD Cowen lifted their price target on shares of Dell Technologies from $125.00 to $130.00 and gave the company a "hold" rating in a research report on Friday, August 29th. Morgan Stanley upped their price objective on shares of Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Barclays lifted their target price on shares of Dell Technologies from $123.00 to $131.00 and gave the stock an "equal weight" rating in a report on Friday, August 29th. Finally, The Goldman Sachs Group set a $140.00 price target on shares of Dell Technologies and gave the company a "buy" rating in a report on Thursday, August 28th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $146.31.

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).