Edmond DE Rothschild Holding S.A. reduced its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 5.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,812 shares of the technology company's stock after selling 2,434 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Dell Technologies were worth $3,993,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Capital Wealth Advisors grew its stake in shares of 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 acquiring an additional 100 shares in the last quarter. Cary Street Partners Financial LLC boosted its stake 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 valued at $395,000 after purchasing an additional 116 shares in the last quarter. OneAscent Financial Services LLC boosted its stake in shares of Dell Technologies by 3.4% in the 1st quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock valued at $345,000 after purchasing an additional 125 shares in the last quarter. MRP Capital Investments LLC boosted its stake in shares of Dell Technologies by 0.8% in the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock valued at $1,365,000 after purchasing an additional 125 shares in the last quarter. Finally, Greenleaf Trust boosted its stake in shares of Dell Technologies by 1.4% in the 1st quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock valued at $927,000 after purchasing an additional 136 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts recently issued reports on DELL shares. UBS Group raised their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the company a "buy" rating in a report on Friday, August 29th. Bank of America raised their price objective on shares of Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a report on Friday, August 29th. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. KeyCorp started coverage on shares of Dell Technologies in a report on Thursday, June 26th. They issued a "sector weight" rating for the company. Finally, The Goldman Sachs Group set a $140.00 price objective on shares of Dell Technologies and gave the company a "buy" rating in a report on Thursday, August 28th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $146.31.
Get Our Latest Research Report on DELL
Dell Technologies Stock Performance
Shares of NYSE DELL opened at $126.69 on Friday. The company has a market capitalization of $86.00 billion, a P/E ratio of 18.63, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66. The company's 50 day moving average price is $129.32 and its 200-day moving average price is $110.74.
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 (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 4.73% and a negative return on equity of 236.21%. The company's revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.89 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.
Dell Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies's dividend payout ratio is currently 30.88%.
Insider Buying and Selling
In other news, Director V (Gp) L.L.C. Slta sold 6,086 shares of Dell Technologies stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $123.50, for a total value of $751,621.00. Following the completion of the sale, the director owned 986,261 shares in the company, valued at $121,803,233.50. The trade was a 0.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of Dell Technologies stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $127.56, for a total transaction of $76,536,000.00. Following the completion of the sale, the director owned 980,295 shares of the company's stock, valued at $125,046,430.20. This represents a 37.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,918,898 shares of company stock worth $1,576,038,056 over the last ninety days. 42.00% of the stock is owned by company insiders.
Dell Technologies Profile
(
Free Report)
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).
See Also
Want to see what other hedge funds are holding DELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dell Technologies Inc. (NYSE:DELL - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Dell Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dell Technologies wasn't on the list.
While Dell Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
