54,050 Shares in Dell Technologies Inc. $DELL Purchased by DCM Advisors LLC

Key Points

• DCM Advisors LLC acquired 54,050 shares of Dell Technologies Inc. valued at approximately $4.9 million, making it the 17th largest position in their portfolio.
• Over 12 million shares of Dell stock, valued at about $1.49 billion, were sold by insiders in recent transactions, indicating significant insider selling.
• Dell Technologies announced a quarterly dividend of $0.525 per share, with the ex-dividend date set for October 21st, reflecting a 1.7% yield.

DCM Advisors LLC acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 54,050 shares of the technology company's stock, valued at approximately $4,927,000. Dell Technologies makes up approximately 2.6% of DCM Advisors LLC's investment portfolio, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Dell Technologies by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock valued at $2,653,032,000 after acquiring an additional 1,145,658 shares during the period. Boston Partners boosted its stake in shares of Dell Technologies by 34.4% in the 1st quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock valued at $466,418,000 after purchasing an additional 1,312,600 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Dell Technologies by 38.1% in the 1st 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 boosted its stake in shares of Dell Technologies by 41.4% in the 1st 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, Janus Henderson Group PLC boosted its stake in shares of Dell Technologies by 160.5% in the 4th quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock valued at $348,814,000 after purchasing an additional 1,865,013 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DELL. Susquehanna reissued a "neutral" rating and set a $125.00 target price on shares of Dell Technologies in a research note on Wednesday, August 13th. JPMorgan Chase & Co. increased their target price on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Cowen reissued a "hold" rating on shares of Dell Technologies in a research note on Friday, August 29th. Fox Advisors lowered shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a research note on Friday, August 29th. Finally, Raymond James Financial increased their target price on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $146.31.

Dell Technologies Stock Down 0.3%

DELL traded down $0.39 during trading on Friday, hitting $124.98. 4,363,546 shares of the company's stock were exchanged, compared to its average volume of 6,521,694. The business's 50 day moving average is $129.36 and its two-hundred day moving average is $110.98. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The stock has a market cap of $84.84 billion, a P/E ratio of 18.38, a PEG ratio of 0.86 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $29.14 billion. During the same quarter in the prior year, the company posted $1.89 earnings per share. The business's revenue 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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders 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 dividend yield of 1.7%. Dell Technologies's dividend payout ratio is currently 30.88%.

Insider Buying and Selling

In other news, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the stock in a transaction dated 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 completion of the sale, the director owned 980,295 shares in the company, valued at $125,046,430.20. This represents a 37.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 6,086 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $123.50, for a total transaction of $751,621.00. Following the completion of the sale, the director owned 986,261 shares of the company's stock, valued at approximately $121,803,233.50. This represents a 0.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,618,897 shares of company stock valued at $1,428,008,024 over the last 90 days. 42.00% of the stock is currently owned by company insiders.

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).