Dell Technologies Inc. $DELL Shares Acquired by MADDEN SECURITIES Corp

Key Points

• MADDEN SECURITIES Corp increased its stake in Dell Technologies by 171.4% during the second quarter, owning 12,905 shares valued at approximately $1.58 million.
• Analysts have raised their price targets for Dell Technologies, with JPMorgan boosting their target from $125 to $145 and Wells Fargo from $150 to $160, indicating strong market confidence.
• Dell Technologies announced a quarterly dividend of $0.525, set to be paid on October 31st, with a dividend yield of 1.4% based on current stock value.

MADDEN SECURITIES Corp boosted its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 171.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,905 shares of the technology company's stock after acquiring an additional 8,150 shares during the quarter. MADDEN SECURITIES Corp's holdings in Dell Technologies were worth $1,582,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division purchased a new stake in shares of Dell Technologies during the 2nd quarter worth $29,000. Smallwood Wealth Investment Management LLC acquired a new stake in Dell Technologies in the first quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new stake in Dell Technologies during the 1st quarter worth about $26,000. Cheviot Value Management LLC acquired a new position in shares of Dell Technologies during the 1st quarter worth about $27,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of Dell Technologies in the 1st quarter valued at about $27,000. Institutional investors and hedge funds own 76.37% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Raymond James Financial boosted their price objective on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Morgan Stanley increased their target price on shares of Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Wells Fargo & Company boosted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Finally, Susquehanna reaffirmed a "neutral" rating and set a $125.00 price objective on shares of Dell Technologies in a report on Wednesday, August 13th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $148.67.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William D. Green sold 65,000 shares of Dell Technologies stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the completion of the transaction, the director owned 47,619 shares in the company, valued at approximately $7,166,659.50. This trade represents a 57.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,781,682 shares of company stock valued at $505,183,267. Company insiders own 42.00% of the company's stock.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $145.83 on Tuesday. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $152.10. The stock has a market cap of $98.05 billion, a P/E ratio of 21.45, a P/E/G ratio of 0.96 and a beta of 1.05. The firm has a fifty day moving average price of $132.08 and a 200 day moving average price of $115.50.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $29.14 billion. During the same period in the prior year, the company earned $1.89 earnings per share. The business'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. Sell-side analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is 30.88%.

About Dell Technologies

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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