BI Asset Management Fondsmaeglerselskab A S Has $3.23 Million Stake in Dell Technologies Inc. $DELL

Key Points

• BI Asset Management Fondsmaeglerselskab A S significantly reduced its stake in Dell Technologies by 62.8% in Q1, bringing its holdings down to 35,474 shares valued at approximately $3.2 million.
• In recent trading, the stock price of Dell Technologies experienced a 5.0% decline, with a market capitalization of $87.15 billion and trading at $128.38.
• Analysts have mixed views on Dell's stock, with the average rating being a "Moderate Buy" and a consensus price target set at $143.00, indicating some room for potential growth.

BI Asset Management Fondsmaeglerselskab A S decreased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 62.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 35,474 shares of the technology company's stock after selling 59,815 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Dell Technologies were worth $3,233,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of DELL. Bellwether Advisors LLC acquired a new position in shares of Dell Technologies in the 4th quarter valued at $25,000. Smallwood Wealth Investment Management LLC purchased a new stake in Dell Technologies in the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new stake in Dell Technologies in the 1st quarter worth about $26,000. Cheviot Value Management LLC purchased a new stake in Dell Technologies in the 1st quarter worth about $27,000. Finally, Cullen Frost Bankers Inc. lifted 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 worth $28,000 after acquiring an additional 222 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Trading Up 0.4%

DELL traded up $0.4970 during midday trading on Monday, reaching $131.3370. The company's stock had a trading volume of 2,345,915 shares, compared to its average volume of 7,046,441. The stock has a market cap of $89.16 billion, a P/E ratio of 20.96, a PEG ratio of 0.91 and a beta of 1.02. The company has a fifty day simple moving average of $127.76 and a 200 day simple moving average of $109.74. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). The company had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%.Dell Technologies's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.27 EPS. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. Sell-side analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were given a $0.525 dividend. The ex-dividend date was Tuesday, July 22nd. This represents a $2.10 annualized dividend and a yield of 1.6%. Dell Technologies's payout ratio is presently 33.49%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 91,230 shares of Dell Technologies stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $118.42, for a total value of $10,803,456.60. Following the completion of the transaction, the insider owned 56,429 shares in the company, valued at approximately $6,682,322.18. The trade was a 61.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of Dell Technologies stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $112.83, for a total value of $59,482,509.21. Following the completion of 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 12,989,063 shares of company stock worth $1,583,673,412. 42.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

DELL has been the subject of several research analyst reports. Evercore ISI increased their price objective on Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a research note on Friday, August 15th. Citigroup increased their price objective on Dell Technologies from $135.00 to $160.00 and gave the company a "buy" rating in a report on Monday, August 11th. Morgan Stanley increased their price objective on Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a report on Thursday. Wall Street Zen lowered Dell Technologies from a "buy" rating to a "hold" rating in a report on Monday, July 14th. Finally, KeyCorp initiated coverage on Dell Technologies in a report on Thursday, June 26th. They set a "sector weight" rating on the stock. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $144.06.

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).