JT Stratford LLC Sells 3,759 Shares of Dell Technologies Inc. $DELL

Key Points

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JT Stratford LLC lowered its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 20.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,342 shares of the technology company's stock after selling 3,759 shares during the period. JT Stratford LLC's holdings in Dell Technologies were worth $1,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC raised its stake in Dell Technologies by 25.9% in the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock worth $224,000 after buying an additional 506 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in Dell Technologies by 44.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after acquiring an additional 809 shares during the period. Mather Group LLC. lifted its holdings in Dell Technologies by 113.3% in the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock valued at $95,000 after acquiring an additional 554 shares during the period. Golden State Wealth Management LLC boosted its stake in shares of Dell Technologies by 54.6% during the 1st quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock worth $402,000 after acquiring an additional 1,558 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Dell Technologies by 9.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company's stock worth $5,417,000 after acquiring an additional 4,977 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Activity at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the firm's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.20, for a total value of $78,875,000.00. Following the transaction, the director directly owned 960,050 shares in the company, valued at approximately $121,158,310. This trade represents a 39.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael S. Dell sold 10,000,000 shares of Dell Technologies stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the completion of the sale, the chief executive officer owned 25,912,241 shares in the company, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,989,063 shares of company stock worth $1,583,673,412 over the last 90 days. Company insiders own 42.00% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on DELL shares. Barclays increased their price objective on shares of Dell Technologies from $116.00 to $123.00 and gave the company an "equal weight" rating in a report on Friday, May 30th. Bank of America lifted their target price on shares of Dell Technologies from $155.00 to $165.00 and gave the company a "buy" rating in a report on Friday, July 18th. TD Cowen raised their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a research report on Friday, May 30th. JPMorgan Chase & Co. lifted their price objective on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Finally, KeyCorp assumed coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating for the company. Sixteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average target price of $144.06.

Dell Technologies Price Performance

Shares of NYSE DELL traded up $2.9490 on Friday, hitting $130.7790. The company's stock had a trading volume of 3,784,298 shares, compared to its average volume of 4,592,353. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $147.66. The company has a market capitalization of $88.78 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 0.89 and a beta of 1.02. The stock has a 50 day moving average of $127.76 and a 200-day moving average of $109.68.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.13). The firm had revenue of $23.38 billion for the quarter, compared to analysts' expectations of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The business's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the company posted $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 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's dividend payout ratio (DPR) is currently 33.49%.

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).