Dell Technologies Inc. $DELL Position Reduced by Fifth Third Bancorp

Key Points

• Fifth Third Bancorp has reduced its holdings in Dell Technologies by 45.9%, selling over 13,000 shares and now owning approximately $2 million worth of the company’s stock.
• Insider trading activity was notable, with Director William D. Green selling 50,000 shares for $7 million, while another entity sold nearly 825,000 shares totaling over $112 million.
• Dell Technologies reported a strong quarterly earnings performance, with $2.32 EPS surpassing analyst expectations, and set its Q3 2026 guidance at 2.450 EPS.

Fifth Third Bancorp reduced its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 45.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 16,312 shares of the technology company's stock after selling 13,824 shares during the quarter. Fifth Third Bancorp's holdings in Dell Technologies were worth $2,000,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. MCF Advisors LLC increased its stake in Dell Technologies by 352.5% during the 2nd quarter. MCF Advisors LLC now owns 2,122 shares of the technology company's stock valued at $260,000 after buying an additional 1,653 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in shares of Dell Technologies during the second quarter worth approximately $432,000. GSB Wealth Management LLC boosted its holdings in shares of Dell Technologies by 4.4% during the second quarter. GSB Wealth Management LLC now owns 7,303 shares of the technology company's stock worth $895,000 after purchasing an additional 310 shares during the period. Occidental Asset Management LLC lifted its stake in Dell Technologies by 8.8% in the second quarter. Occidental Asset Management LLC now owns 36,491 shares of the technology company's stock valued at $4,474,000 after acquiring an additional 2,941 shares during the last quarter. Finally, Golden State Equity Partners acquired a new stake in Dell Technologies in the second quarter valued at approximately $214,000. 76.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director William D. Green sold 50,000 shares of Dell Technologies stock in a transaction on Monday, August 11th. The shares were sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the sale, the director owned 45,045 shares in the company, valued at $6,306,300. The trade was a 52.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of Dell Technologies stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02. The disclosure for this sale can be found here. Insiders have sold 3,191,981 shares of company stock worth $418,740,215 over the last three months. 42.00% of the stock is currently owned by corporate insiders.

Dell Technologies Trading Down 0.1%

Shares of DELL stock opened at $130.79 on Friday. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The firm's fifty day simple moving average is $130.39 and its 200 day simple moving average is $113.44. The firm has a market capitalization of $87.94 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same quarter in the previous year, the firm posted $1.89 earnings per share. Dell Technologies's revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies's payout ratio is 30.88%.

Analysts Set New Price Targets

A number of analysts have issued reports on DELL shares. Wall Street Zen upgraded shares of Dell Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. Wells Fargo & Company lifted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, August 29th. Susquehanna reiterated a "neutral" rating and issued a $125.00 target price on shares of Dell Technologies in a research note on Wednesday, August 13th. Daiwa Capital Markets lifted their price target on shares of Dell Technologies from $125.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, September 11th. Finally, Bank of America lifted their price target on shares of Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $147.67.

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).

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