Farther Finance Advisors LLC Raises Holdings in Dell Technologies Inc. $DELL

Key Points

• Farther Finance Advisors LLC increased its holdings in Dell Technologies by 235.6% in the second quarter, owning 43,154 shares valued at $5.29 million after purchasing an additional 30,295 shares.
• Analysts have upgraded Dell Technologies' stock ratings, with UBS Group raising its target price from $145 to $155 and the average target price now standing at $147.67 with a consensus rating of "Moderate Buy."
• Dell Technologies announced a quarterly dividend of $0.525 to be paid on October 31st, representing a 1.6% yield, with a payout ratio of 30.88%.

Farther Finance Advisors LLC increased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 235.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,154 shares of the technology company's stock after acquiring an additional 30,295 shares during the quarter. Farther Finance Advisors LLC's holdings in Dell Technologies were worth $5,291,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Dell Technologies by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after purchasing an additional 1,145,658 shares during the last quarter. Boston Partners increased its position in shares of Dell Technologies by 34.4% during the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock valued at $466,418,000 after acquiring an additional 1,312,600 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Dell Technologies by 38.1% in the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock worth $377,508,000 after acquiring an additional 1,142,012 shares during the period. Alkeon Capital Management LLC raised its position in shares of Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company's stock worth $289,657,000 after buying an additional 931,032 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Dell Technologies by 20.5% in the first quarter. Invesco Ltd. now owns 2,952,829 shares of the technology company's stock worth $269,150,000 after buying an additional 502,764 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on DELL shares. Raymond James Financial boosted their target price on shares of Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Cowen restated a "hold" rating on shares of Dell Technologies in a research note on Friday, August 29th. Morgan Stanley boosted their target price on shares of Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Daiwa Capital Markets increased their target price on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, September 11th. Finally, Susquehanna reaffirmed a "neutral" rating and issued a $125.00 target price on shares of Dell Technologies in a research report on Wednesday, August 13th. Sixteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $147.67.

Insiders Place Their Bets

In related news, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $127.00, for a total value of $76,200,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William D. Green sold 50,000 shares of Dell Technologies stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $140.00, for a total value of $7,000,000.00. Following the sale, the director owned 45,045 shares of the company's stock, valued at approximately $6,306,300. This trade represents a 52.61% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,693,392 shares of company stock worth $1,568,257,000. Company insiders own 42.00% of the company's stock.

Dell Technologies Stock Up 0.1%

Shares of NYSE:DELL traded up $0.09 on Friday, reaching $132.20. 9,044,942 shares of the company's stock were exchanged, compared to its average volume of 7,126,291. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The business's 50-day moving average is $129.71 and its two-hundred day moving average is $112.16. The firm has a market capitalization of $88.89 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 0.90 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. The company had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business's quarterly revenue was up 19.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.89 earnings per share. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders 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 dividend yield of 1.6%. Dell Technologies's dividend payout ratio is currently 30.88%.

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).