Dell Technologies Inc. $DELL Shares Acquired by UniSuper Management Pty Ltd

Key Points

• UniSuper Management Pty Ltd increased its holdings in Dell Technologies by 9.5%, owning 71,784 shares valued at $6.54 million after acquiring an additional 6,226 shares this quarter.
• Analysts have a "Moderate Buy" consensus rating for Dell Technologies, with a target price averaging $146.31, and several firms recently raised their price objectives, including Citigroup and Evercore ISI.
• Dell Technologies announced a quarterly dividend of $0.525 per share, resulting in a dividend yield of 1.7%, with the payment scheduled for October 31st to stockholders of record on October 21st.

UniSuper Management Pty Ltd increased its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 9.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,784 shares of the technology company's stock after acquiring an additional 6,226 shares during the quarter. UniSuper Management Pty Ltd's holdings in Dell Technologies were worth $6,543,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Scientech Research LLC acquired a new position in shares of Dell Technologies in the first quarter worth about $1,051,000. Panoramic Capital LLC raised its stake in Dell Technologies by 46.5% during the first quarter. Panoramic Capital LLC now owns 25,000 shares of the technology company's stock valued at $2,279,000 after buying an additional 7,937 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its stake in Dell Technologies by 2.9% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 39,822 shares of the technology company's stock valued at $3,630,000 after buying an additional 1,140 shares in the last quarter. Nitorum Capital L.P. raised its stake in Dell Technologies by 6.1% during the first quarter. Nitorum Capital L.P. now owns 222,896 shares of the technology company's stock valued at $20,317,000 after buying an additional 12,876 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Dell Technologies by 8.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,876 shares of the technology company's stock valued at $5,913,000 after buying an additional 5,119 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DELL shares. Citigroup upped their price objective on Dell Technologies from $135.00 to $160.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Barclays upped their price objective on Dell Technologies from $123.00 to $131.00 and gave the company an "equal weight" rating in a research note on Friday, August 29th. Evercore ISI upped their price objective on Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a research note on Friday, August 15th. Morgan Stanley increased their price target on Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Finally, Wall Street Zen cut Dell Technologies from a "buy" rating to a "hold" rating in a research report on Monday, July 14th. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Dell Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $146.31.

Dell Technologies Trading Down 1.4%

Shares of Dell Technologies stock opened at $124.95 on Monday. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66. The stock has a market capitalization of $84.82 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 0.86 and a beta of 1.01. The business's 50 day simple moving average is $129.34 and its 200-day simple moving average is $110.63.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. During the same period last year, the firm earned $1.89 EPS. The firm'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 predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies's dividend payout ratio (DPR) is 30.88%.

Insider Activity at Dell Technologies

In other news, insider William F. Scannell sold 91,230 shares of the firm's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $118.42, for a total transaction of $10,803,456.60. Following the completion of the sale, the insider directly owned 56,429 shares of the company's stock, valued at $6,682,322.18. This trade represents a 61.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the completion of the sale, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This trade represents a 27.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,465,577 shares of company stock worth $1,523,910,674 in the last quarter. Company 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).

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