Gotham Asset Management LLC Boosts Stake in Dell Technologies Inc. $DELL

Key Points

• Gotham Asset Management LLC increased its stake in Dell Technologies by 1.4%, owning 196,693 shares valued at approximately $17.93 million as of the latest SEC filing.
• Insider transactions included Director William D. Green selling 50,000 shares for $7 million and CEO Michael S. Dell selling 10 million shares for over $1.22 billion, resulting in significant decreases in their respective holdings.
• Dell reported a 19% year-over-year revenue increase to $29.78 billion for the quarter, surpassing estimates, and set a dividend of $0.525 per share to be paid on October 31st, representing an annualized yield of 1.7%.

Gotham Asset Management LLC lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 1.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 196,693 shares of the technology company's stock after buying an additional 2,732 shares during the period. Gotham Asset Management LLC's holdings in Dell Technologies were worth $17,929,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after purchasing an additional 1,145,658 shares during the last quarter. Boston Partners grew its stake in shares of Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock worth $466,418,000 after purchasing an additional 1,312,600 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Dell Technologies by 38.1% in the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock worth $377,508,000 after purchasing an additional 1,142,012 shares during the last quarter. Alkeon Capital Management LLC grew its stake in shares of Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company's stock worth $289,657,000 after purchasing an additional 931,032 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of Dell Technologies by 160.5% in the fourth quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock worth $348,814,000 after purchasing an additional 1,865,013 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Price Performance

Shares of DELL stock traded down $1.62 on Tuesday, reaching $121.38. 10,668,545 shares of the company were exchanged, compared to its average volume of 7,150,628. The company has a market cap of $82.40 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 0.86 and a beta of 1.01. The company has a 50-day moving average of $129.34 and a 200-day moving average of $110.74. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business's revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.89 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, sell-side analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio is currently 30.88%.

Analyst Ratings Changes

DELL has been the topic of several analyst reports. KeyCorp initiated coverage on shares of Dell Technologies in a research note on Thursday, June 26th. They issued a "sector weight" rating on the stock. Morgan Stanley upped their price target 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. Barclays upped their price target 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, August 29th. TD Cowen upped their price target on shares of Dell Technologies from $125.00 to $130.00 and gave the company a "hold" rating in a research report on Friday, August 29th. Finally, Fox Advisors cut shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a research report on Friday, August 29th. Fourteen investment 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, Dell Technologies currently has an average rating of "Moderate Buy" and an average price target of $146.31.

Insider Buying and Selling

In related news, Director V (Gp) L.L.C. Slta sold 6,086 shares of the company's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $123.50, for a total value of $751,621.00. Following the sale, the director owned 986,261 shares in the company, valued at $121,803,233.50. This represents a 0.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William D. Green sold 50,000 shares of the company's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the completion of the sale, the director owned 45,045 shares in the company, valued at $6,306,300. This represents a 52.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,154,806 shares of company stock worth $1,488,485,888 over the last ninety days. Insiders own 42.00% of the company's stock.

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).