Delta Investment Management LLC Makes New Investment in Dell Technologies Inc. $DELL

Key Points

• Delta Investment Management LLC has invested approximately $366,000 in Dell Technologies, purchasing 4,020 shares during the first quarter.
• Insider trading saw significant activity with CEO Michael S. Dell selling 10 million shares valued at over $1.22 billion, reflecting a 27.85% decrease in ownership.
• Dell Technologies announced a quarterly dividend of $0.525 per share, with an annualized yield of 1.6% and a payout ratio of 33.49%.

Delta Investment Management LLC acquired a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,020 shares of the technology company's stock, valued at approximately $366,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Capital Wealth Advisors increased its holdings in Dell Technologies by 5.9% in the fourth 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 last quarter. Cary Street Partners Financial LLC increased its holdings in shares of Dell Technologies by 2.7% in the first quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock worth $395,000 after acquiring an additional 116 shares in the last quarter. OneAscent Financial Services LLC increased its holdings in shares of 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 acquiring an additional 125 shares in the last quarter. MRP Capital Investments LLC increased its holdings in shares of Dell Technologies by 0.8% in the first 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 in the last quarter. Finally, Greenleaf Trust increased its holdings in shares of Dell Technologies by 1.4% in the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock worth $927,000 after acquiring an additional 136 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Analysts Set New Price Targets

DELL has been the subject of several recent analyst reports. Susquehanna restated a "neutral" rating and issued a $125.00 price target on shares of Dell Technologies in a report on Wednesday, August 13th. Bank of America increased their price target on Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a report on Friday. Wall Street Zen downgraded Dell Technologies from a "buy" rating to a "hold" rating in a report on Monday, July 14th. Mizuho increased their price target on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Finally, Morgan Stanley increased their price target on Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $146.31.

Dell Technologies Stock Down 8.8%

Shares of NYSE DELL traded down $11.85 during trading hours on Friday, hitting $122.20. The company had a trading volume of 24,308,936 shares, compared to its average volume of 4,835,604. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66. The firm's 50 day moving average is $129.15 and its 200-day moving average is $110.43. The stock has a market capitalization of $82.96 billion, a P/E ratio of 17.97, a price-to-earnings-growth ratio of 0.85 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. The firm had revenue of $29.78 billion during 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 251.39%. The company's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter last year, the company posted $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, sell-side analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were given 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 of this dividend was Tuesday, July 22nd. Dell Technologies's dividend payout ratio (DPR) is presently 30.88%.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the firm's stock in a transaction on 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 completion of the sale, the director owned 960,050 shares of the company's stock, valued at $121,158,310. This trade represents a 39.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Richard J. Rothberg sold 70,165 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $108.82, for a total value of $7,635,355.30. Following the sale, the general counsel directly owned 79,928 shares of the company's stock, valued at $8,697,764.96. This represents a 46.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,989,063 shares of company stock worth $1,583,673,412 in the last three months. 42.00% of the stock is owned by company insiders.

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).