Swedbank AB Trims Stake in Dell Technologies Inc. $DELL

Key Points

• Swedbank AB has reduced its stake in Dell Technologies by 42.7%, selling over 811,000 shares, leaving it with approximately 1.1 million shares valued at $99.3 million.
• Multiple institutional investors, including Boston Partners and Vanguard Group Inc., have increased their holdings in Dell, with Boston Partners raising its position by 34.4% to over 5.1 million shares.
• Analyst ratings for Dell are generally positive, with an average rating of "Moderate Buy" and a price target of around $146.31, indicating bullish sentiment among analysts.

Swedbank AB decreased its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 42.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,089,931 shares of the technology company's stock after selling 811,181 shares during the period. Swedbank AB owned approximately 0.16% of Dell Technologies worth $99,347,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC boosted its stake in Dell Technologies by 25.9% during the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after buying an additional 506 shares during the period. First Hawaiian Bank boosted its stake in Dell Technologies by 67.1% during the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company's stock valued at $3,179,000 after buying an additional 14,010 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in Dell Technologies by 44.9% during the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after buying an additional 809 shares during the period. Mather Group LLC. raised its position in Dell Technologies by 113.3% during the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock valued at $95,000 after purchasing an additional 554 shares in the last quarter. Finally, Westbourne Investments Inc. raised its position in Dell Technologies by 167.5% during the first quarter. Westbourne Investments Inc. now owns 21,808 shares of the technology company's stock valued at $1,988,000 after purchasing an additional 13,657 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Activity at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the business's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $126.20, for a total transaction of $78,875,000.00. Following the transaction, the director owned 960,050 shares in the company, valued at $121,158,310. The trade was a 39.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the business's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold 12,128,392 shares of company stock worth $1,493,496,200 over the last 90 days. 42.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DELL shares. Raymond James Financial raised their price target on Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Wells Fargo & Company raised their price target on Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Daiwa Capital Markets raised their price target on Dell Technologies from $125.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, September 11th. Bank of America raised their price target on Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Finally, The Goldman Sachs Group set a $140.00 price target on Dell Technologies and gave the company a "buy" rating in a research report on Thursday, August 28th. Sixteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $147.67.

Dell Technologies Stock Up 1.2%

Shares of DELL traded up $1.58 during trading hours on Thursday, hitting $131.92. The company had a trading volume of 3,232,115 shares, compared to its average volume of 7,097,616. The firm has a market cap of $88.70 billion, a P/E ratio of 19.43, a P/E/G ratio of 0.87 and a beta of 1.01. The stock's 50 day moving average price is $129.52 and its 200 day moving average price is $111.42. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week 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 EPS for the quarter, topping the consensus estimate of $2.29 by $0.03. The firm had revenue of $29.78 billion for the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company's quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.89 earnings per share. 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 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's payout ratio is currently 30.88%.

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).