Price T Rowe Associates Inc. MD Raises Stock Holdings in Dell Technologies Inc. $DELL

Key Points

• Price T Rowe Associates Inc. MD increased its stake in Dell Technologies by 5.4%, owning approximately 583,567 shares valued at $53.19 million.
• CEO Michael S. Dell sold 10 million shares of the company, representing a 27.85% decrease in his ownership, during a quarter when insiders netted nearly $1.58 billion from stock sales.
• Dell Technologies reported a Q1 earnings miss with $1.55 EPS, falling short of analysts' expectations, while guiding for 2.250-2.25 EPS in Q2 2026.

Price T Rowe Associates Inc. MD lifted its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 5.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 583,567 shares of the technology company's stock after purchasing an additional 29,765 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.08% of Dell Technologies worth $53,193,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bellwether Advisors LLC acquired a new position in Dell Technologies in the 4th quarter worth about $25,000. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies in the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC acquired a new position in Dell Technologies in the 1st quarter worth about $26,000. Cheviot Value Management LLC acquired a new stake in Dell Technologies in the 1st quarter valued at $27,000. Finally, Cullen Frost Bankers Inc. grew its stake in Dell Technologies by 270.7% in the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after acquiring an additional 222 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Trading Down 8.8%

DELL traded down $11.85 on Friday, hitting $122.20. 24,308,936 shares of the company's stock were exchanged, compared to its average volume of 4,835,604. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The firm has a 50-day moving average price of $129.15 and a 200-day moving average price of $110.45. The stock has a market cap of $82.96 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of 0.94 and a beta of 1.02.

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 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 251.39%. The company had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter in the previous year, the company posted $1.89 EPS. The firm's quarterly 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, equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, July 22nd. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies's payout ratio is presently 30.88%.

Analyst Ratings Changes

DELL has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. UBS Group lifted their target price on shares of Dell Technologies from $145.00 to $155.00 and gave the company a "buy" rating in a research report on Friday. Cowen reiterated a "hold" rating on shares of Dell Technologies in a research report on Friday. Morgan Stanley lifted 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. Finally, Barclays lifted their target price on shares of Dell Technologies from $123.00 to $131.00 and gave the company an "equal weight" rating in a research report on Friday. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $146.31.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 527,187 shares of the business's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $112.83, for a total transaction of $59,482,509.21. Following the transaction, the director owned 938,741 shares of the company's stock, valued at approximately $105,918,147.03. The trade was a 35.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the business's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.20, for a total transaction of $78,875,000.00. Following the transaction, the director directly owned 960,050 shares in the company, valued at approximately $121,158,310. The trade was a 39.43% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,989,063 shares of company stock worth $1,583,673,412. Insiders own 42.00% of the company's stock.

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).