Dell Technologies Inc. $DELL Shares Acquired by CW Advisors LLC

Key Points

• CW Advisors LLC increased its holdings in Dell Technologies by 9.3%, purchasing an additional 18,984 shares, bringing their total to 223,259 shares valued at approximately $20.36 million.
• Several institutional investors boosted their stakes in Dell Technologies during the first quarter of 2023, with a collective ownership of 76.37% of the company's stock.
• Dell Technologies reported a quarterly EPS of $1.55 for the last quarter, which was below analysts' expectations, despite revenue rising by 5.1% year-over-year.

CW Advisors LLC boosted its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 9.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 223,259 shares of the technology company's stock after purchasing an additional 18,984 shares during the quarter. CW Advisors LLC's holdings in Dell Technologies were worth $20,362,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DELL. Bellwether Advisors LLC purchased a new stake in Dell Technologies during the 4th quarter worth approximately $25,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at approximately $26,000. Cheviot Value Management LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at approximately $27,000. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of Dell Technologies by 270.7% in the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after acquiring an additional 222 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Price Performance

NYSE:DELL traded up $0.29 during midday trading on Monday, reaching $131.13. 3,185,645 shares of the company traded hands, compared to its average volume of 7,052,517. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66. The firm has a market capitalization of $89.02 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 0.91 and a beta of 1.02. The company has a fifty day moving average price of $127.76 and a 200 day moving average price of $109.74.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The business had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. During the same period in the previous year, the firm earned $1.27 EPS. The firm's revenue was up 5.1% on a year-over-year basis. 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, equities research analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the business's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $126.20, for a total transaction of $78,875,000.00. Following the completion of the transaction, the director owned 960,050 shares in the company, valued at approximately $121,158,310. The trade was a 39.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the business's stock in a transaction on Thursday, June 26th. The stock was 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 trade represents a 27.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,989,063 shares of company stock worth $1,583,673,412 in the last ninety days. 42.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DELL shares. Evercore ISI boosted their price target on Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a report on Friday, August 15th. KeyCorp started coverage on Dell Technologies in a report on Thursday, June 26th. They issued a "sector weight" rating for the company. Morgan Stanley boosted their price target on Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a report on Thursday. TD Cowen boosted their price target on Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a report on Friday, May 30th. Finally, Mizuho boosted their price objective on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $144.06.

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).