Dell Technologies Inc. $DELL is Michael & Susan Dell Foundation's 4th Largest Position

Key Points

• The Michael & Susan Dell Foundation reduced its stake in Dell Technologies by 81.6%, selling approximately 1.88 million shares and retaining 423,538 shares, which now account for about 2.0% of its portfolio.
• CEO Michael S. Dell sold 10 million shares for over $1.22 billion, resulting in a 27.85% decrease in his ownership stake in the company.
• Dell Technologies reported $29.78 billion in revenue for the last quarter, surpassing analyst expectations and showing a 19% year-over-year increase in earnings per share, now at $2.32.

Michael & Susan Dell Foundation reduced its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 81.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 423,538 shares of the technology company's stock after selling 1,876,462 shares during the period. Dell Technologies makes up about 2.0% of Michael & Susan Dell Foundation's investment portfolio, making the stock its 4th biggest position. Michael & Susan Dell Foundation owned approximately 0.06% of Dell Technologies worth $38,605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DELL. Vanguard Capital Wealth Advisors raised its position in shares of Dell Technologies by 5.9% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after purchasing an additional 100 shares during the period. Cary Street Partners Financial LLC increased its holdings in shares of Dell Technologies by 2.7% in the 1st quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock worth $395,000 after buying an additional 116 shares during the last quarter. OneAscent Financial Services LLC lifted its position in Dell Technologies by 3.4% in the first quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock worth $345,000 after buying an additional 125 shares during the last quarter. MRP Capital Investments LLC lifted its stake in shares of Dell Technologies by 0.8% during the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock worth $1,365,000 after acquiring an additional 125 shares during the last quarter. Finally, Greenleaf Trust boosted its stake in shares of Dell Technologies by 1.4% during the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock valued at $927,000 after purchasing an additional 136 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on DELL shares. Cowen reiterated a "hold" rating on shares of Dell Technologies in a report on Friday, August 29th. Morgan Stanley boosted their price target on shares of Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Evercore ISI increased their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a research note on Friday, August 15th. Bank of America boosted their price objective on shares of Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. Finally, TD Cowen increased their target price on Dell Technologies from $125.00 to $130.00 and gave the company a "hold" rating in a research report on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $146.31.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 10,000,000 shares of Dell Technologies stock in a transaction dated Thursday, June 26th. The stock was 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 of the company's stock, valued at approximately $3,168,289,707.07. The trade was a 27.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William D. Green sold 50,000 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $140.00, for a total value of $7,000,000.00. Following the sale, the director owned 45,045 shares in the company, valued at approximately $6,306,300. The trade was a 52.61% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,918,898 shares of company stock valued at $1,576,038,056. Company insiders own 42.00% of the company's stock.

Dell Technologies Stock Performance

NYSE:DELL traded down $1.72 during mid-day trading on Friday, hitting $124.95. 6,407,651 shares of the company's stock traded hands, compared to its average volume of 5,904,127. The company has a fifty day moving average of $129.34 and a 200 day moving average of $110.77. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66. The company has a market capitalization of $84.82 billion, a P/E ratio of 18.37, a P/E/G ratio of 0.87 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The company's 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, research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

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).