Dell Technologies Inc. $DELL Shares Acquired by Asio Capital LLC

Key Points

• Asio Capital LLC increased its stake in Dell Technologies by 20.6% during Q2, now holding 41,014 shares worth $5.03 million.
• Insider trading activities include Director William D. Green selling 50,000 shares for $7 million and another Director selling 824,999 shares for over $112 million.
• Dell Technologies reported $2.32 earnings per share for the quarter, surpassing estimates, with 19.0% revenue growth year-over-year.

Asio Capital LLC grew its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 20.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,014 shares of the technology company's stock after purchasing an additional 7,017 shares during the period. Asio Capital LLC's holdings in Dell Technologies were worth $5,028,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Cary Street Partners Financial LLC increased its holdings in shares of Dell Technologies by 2.7% in the first quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock valued at $395,000 after purchasing an additional 116 shares during the period. OneAscent Financial Services LLC grew its holdings in Dell Technologies by 3.4% during the first quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock worth $345,000 after acquiring an additional 125 shares during the period. MRP Capital Investments LLC grew its holdings in Dell Technologies by 0.8% during the first quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock worth $1,365,000 after acquiring an additional 125 shares during the period. V Square Quantitative Management LLC grew its holdings in Dell Technologies by 5.5% during the second quarter. V Square Quantitative Management LLC now owns 2,460 shares of the technology company's stock worth $302,000 after acquiring an additional 128 shares during the period. Finally, Greenleaf Trust grew its holdings in Dell Technologies by 1.4% during the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock worth $927,000 after acquiring an additional 136 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director William D. Green sold 50,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $140.00, for a total value of $7,000,000.00. Following the transaction, the director owned 45,045 shares in the company, valued at $6,306,300. This trade represents a 52.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The disclosure for this sale can be found here. Insiders have sold a total of 3,204,462 shares of company stock worth $420,370,484 over the last quarter. 42.00% of the stock is currently owned by corporate insiders.

Dell Technologies Price Performance

NYSE DELL opened at $133.64 on Tuesday. The company has a market cap of $89.86 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01. The stock's 50 day simple moving average is $130.48 and its 200-day simple moving average is $113.85. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion for the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business's quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal 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 given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is 30.88%.

Analyst Upgrades and Downgrades

Several analysts recently commented on DELL shares. Citigroup raised their target price on Dell Technologies from $135.00 to $160.00 and gave the stock a "buy" rating in a report on Monday, August 11th. UBS Group raised their target price on Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Susquehanna reaffirmed a "neutral" rating and set a $125.00 target price on shares of Dell Technologies in a report on Wednesday, August 13th. Cowen reiterated a "hold" rating on shares of Dell Technologies in a research report on Friday, August 29th. Finally, Wells Fargo & Company increased their price target on Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Sixteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $147.67.

Dell Technologies 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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