Federation des caisses Desjardins du Quebec Increases Stake in Dell Technologies Inc. $DELL

Key Points

• The Federation des caisses Desjardins du Quebec increased its holdings in Dell Technologies by 10.5%, acquiring an additional 7,905 shares during the first quarter.
• Dell Technologies reported a quarterly earnings per share (EPS) of $2.32, exceeding analysts' expectations and demonstrating a 19% year-on-year revenue growth.
• Analysts generally have a Moderate Buy rating for Dell Technologies, with an average target price of $146.31 per share.

Federation des caisses Desjardins du Quebec increased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 10.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,461 shares of the technology company's stock after acquiring an additional 7,905 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Dell Technologies were worth $7,607,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Michael & Susan Dell Foundation bought a new position in shares of Dell Technologies in the 4th quarter worth approximately $265,052,000. Janus Henderson Group PLC lifted its stake in Dell Technologies by 160.5% during the 4th quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock worth $348,814,000 after acquiring an additional 1,865,013 shares in the last quarter. Boston Partners grew its stake in shares of Dell Technologies by 34.4% in the 1st quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock valued at $466,418,000 after purchasing an additional 1,312,600 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Dell Technologies by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after purchasing an additional 1,145,658 shares during the last quarter. Finally, Deutsche Bank AG grew its position in shares of Dell Technologies by 38.1% during the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock worth $377,508,000 after buying an additional 1,142,012 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

NYSE:DELL traded down $1.80 during trading hours on Monday, reaching $123.03. The stock had a trading volume of 4,887,517 shares, compared to its average volume of 7,122,656. The stock has a market cap of $83.52 billion, a P/E ratio of 18.09, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $147.66. The stock has a 50 day simple moving average of $129.34 and a 200 day simple moving average of $110.63.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm's quarterly revenue was up 19.0% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, equities 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 announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies's dividend payout ratio (DPR) is currently 30.88%.

Analyst Upgrades and Downgrades

DELL has been the topic of several research reports. Barclays boosted their price objective on shares of Dell Technologies from $123.00 to $131.00 and gave the stock an "equal weight" rating in a report on Friday, August 29th. KeyCorp started coverage on shares of Dell Technologies in a report on Thursday, June 26th. They issued a "sector weight" rating on the stock. TD Cowen lifted their price objective on Dell Technologies from $125.00 to $130.00 and gave the stock a "hold" rating in a report on Friday, August 29th. JPMorgan Chase & Co. increased their price target on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Wells Fargo & Company raised their target price on Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Fourteen 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 company presently has an average rating of "Moderate Buy" and an average target price of $146.31.

Insider Activity at Dell Technologies

In related news, 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 transaction of $76,536,000.00. Following the completion of the sale, the director directly owned 980,295 shares of the company's stock, valued at approximately $125,046,430.20. This represents a 37.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brunilda Rios sold 6,000 shares of the company's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $126.29, for a total transaction of $757,740.00. Following the sale, the chief accounting officer directly owned 18,948 shares of the company's stock, valued at $2,392,942.92. This represents a 24.05% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,465,577 shares of company stock valued at $1,523,910,674. 42.00% of the stock is currently owned by corporate 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).