Fjarde AP Fonden Fourth Swedish National Pension Fund Cuts Stock Holdings in Dell Technologies Inc. $DELL

Key Points

• Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its holdings in Dell Technologies by 10.2%, selling 5,200 shares and leaving it with 45,656 shares worth approximately $4.16 million as of the end of the reporting period.
• Despite the sale, several other investors, including Exchange Traded Concepts LLC and Wealthcare Advisory Partners LLC, increased their stakes in Dell Technologies, highlighting a shift in institutional interest.
• Dell Technologies reported a quarterly earnings miss with $1.55 EPS compared to an expected $1.68 EPS, although revenue increased by 5.1% year-over-year to $23.38 billion.

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 10.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,656 shares of the technology company's stock after selling 5,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Dell Technologies were worth $4,162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DELL. Michael & Susan Dell Foundation purchased a new stake in shares of Dell Technologies in the fourth quarter valued at about $265,052,000. Janus Henderson Group PLC raised its holdings in shares of Dell Technologies by 160.5% in the fourth quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock valued at $348,814,000 after buying an additional 1,865,013 shares during the last quarter. Boston Partners raised its holdings in shares of Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock valued at $466,418,000 after buying an additional 1,312,600 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock valued at $2,653,032,000 after buying an additional 1,145,658 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Dell Technologies by 38.1% in the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock valued at $377,508,000 after buying an additional 1,142,012 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Price Performance

Dell Technologies stock traded up $3.0080 during mid-day trading on Friday, reaching $130.8380. The company had a trading volume of 1,257,018 shares, compared to its average volume of 7,060,178. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The company has a market capitalization of $88.82 billion, a P/E ratio of 20.90, a P/E/G ratio of 0.90 and a beta of 1.02. The stock's 50-day simple moving average is $127.34 and its 200-day simple moving average is $109.48.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). The business had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The firm's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.27 earnings per share. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. On average, equities analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced 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. The ex-dividend date was Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies's dividend payout ratio (DPR) is 33.49%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Susquehanna reaffirmed a "neutral" rating and issued a $125.00 target price on shares of Dell Technologies in a report on Wednesday, August 13th. JPMorgan Chase & Co. upped their target price 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. UBS Group cut their price target on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a report on Friday, May 30th. Mizuho increased their price target on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Finally, Raymond James Financial increased their price target on shares of Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, May 30th. Sixteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, Dell Technologies currently has an average rating of "Moderate Buy" and an average price target of $144.06.

Insider Activity

In related news, Director William D. Green sold 50,000 shares of the firm's stock in a transaction that occurred on 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 sale, the director owned 45,045 shares in the company, valued at approximately $6,306,300. This trade represents a 52.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the sale, the chief executive officer owned 25,912,241 shares in the company, valued at approximately $3,168,289,707.07. This trade represents a 27.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,989,063 shares of company stock valued at $1,583,673,412 in the last 90 days. Insiders own 42.00% of the company's stock.

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).