Epoch Investment Partners Inc. Purchases 66,031 Shares of Dell Technologies Inc. $DELL

Key Points

• Epoch Investment Partners Inc. increased its stake in Dell Technologies Inc. by 9.4%, owning 767,908 shares valued at approximately $69.99 million.
• The CEO, Michael S. Dell, sold 10 million shares for over $1.22 billion, representing a 27.85% reduction in his holdings.
• Dell Technologies announced a quarterly dividend of $0.525, yielding 1.6%, with a payout ratio of 33.49%.

Epoch Investment Partners Inc. raised its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 9.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 767,908 shares of the technology company's stock after purchasing an additional 66,031 shares during the quarter. Epoch Investment Partners Inc. owned about 0.11% of Dell Technologies worth $69,995,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DELL. Bellwether Advisors LLC bought a new position in Dell Technologies during the fourth quarter valued at about $25,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new position in shares of Dell Technologies in the 1st quarter worth approximately $26,000. Cheviot Value Management LLC acquired a new position in shares of Dell Technologies in the 1st quarter worth approximately $27,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Dell Technologies by 270.7% during the first quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after purchasing an additional 222 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Performance

Shares of NYSE DELL traded down $11.85 during mid-day trading on Friday, reaching $122.20. The company had a trading volume of 24,308,936 shares, compared to its average volume of 4,835,604. The stock has a fifty day moving average of $129.15 and a two-hundred day moving average of $110.45. 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 $82.96 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 0.94 and a beta of 1.02.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 251.39% and a net margin of 4.73%.The company had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same period in the prior year, the firm posted $1.89 EPS. The business's revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's payout ratio is currently 30.88%.

Insider Activity

In other news, 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 transaction of $7,000,000.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $127.56, for a total value of $76,536,000.00. Following the completion of the transaction, the director directly owned 980,295 shares of the company's stock, valued at approximately $125,046,430.20. The trade was a 37.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have 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.

Wall Street Analyst Weigh In

Several research analysts have issued reports on DELL shares. JPMorgan Chase & Co. lifted their price target 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. KeyCorp began coverage on Dell Technologies in a report on Thursday, June 26th. They issued a "sector weight" rating on the stock. Barclays upped their target price on Dell Technologies from $123.00 to $131.00 and gave the company an "equal weight" rating in a report on Friday. Wells Fargo & Company boosted their price objective on Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday. Finally, Evercore ISI raised their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, August 15th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $146.31.

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).