Focus Partners Wealth Lowers Stock Position in Dell Technologies Inc. $DELL

Key Points

• Focus Partners Wealth reduced its stake in Dell Technologies Inc. by 21.2%, owning 48,960 shares valued at approximately $4.46 million after selling 13,158 shares in the first quarter.
• Dell Technologies reported a quarterly EPS of $2.32, surpassing analysts' expectations, alongside a year-over-year revenue increase of 19% to $29.78 billion.
• The company announced a quarterly dividend of $0.525 per share, with an annualized yield of 1.7%, set to be paid on October 31st to shareholders of record on October 21st.

Focus Partners Wealth trimmed its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 21.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,960 shares of the technology company's stock after selling 13,158 shares during the quarter. Focus Partners Wealth's holdings in Dell Technologies were worth $4,463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DELL. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Dell Technologies in the first quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Dell Technologies in the first quarter worth about $26,000. Cheviot Value Management LLC purchased a new stake in shares of Dell Technologies in the first quarter worth about $27,000. Flaharty Asset Management LLC purchased a new stake in shares of Dell Technologies in the first quarter worth about $27,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Dell Technologies by 270.7% in the first quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock worth $28,000 after buying an additional 222 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on DELL. Wall Street Zen raised shares of Dell Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. Barclays raised their target price on shares of Dell Technologies from $131.00 to $133.00 and gave the company an "equal weight" rating in a research note on Wednesday. Daiwa Capital Markets raised their target price on shares of Dell Technologies from $125.00 to $140.00 and gave the company an "outperform" rating in a research note on Thursday, September 11th. Cowen reaffirmed a "hold" rating on shares of Dell Technologies in a research note on Friday, August 29th. Finally, Sanford C. Bernstein began coverage on shares of Dell Technologies in a research note on Monday. They issued an "outperform" rating and a $175.00 target price on the stock. Sixteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $147.67.

Insider Activity at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of Dell Technologies stock in a transaction on Monday, September 15th. The shares were sold at an average price of $127.00, for a total transaction of $76,200,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,693,392 shares of company stock worth $1,568,257,000. 42.00% of the stock is currently owned by insiders.

Dell Technologies Stock Up 0.1%

Shares of Dell Technologies stock traded up $0.09 on Friday, hitting $132.20. The stock had a trading volume of 9,044,942 shares, compared to its average volume of 6,862,990. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66. The stock has a market cap of $88.89 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 0.91 and a beta of 1.01. The stock's 50-day simple moving average is $129.71 and its two-hundred day simple moving average is $111.93.

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 (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter last year, the business earned $1.89 earnings per share. The business's revenue was up 19.0% on a year-over-year basis. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a $0.525 dividend. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.6%. Dell Technologies's payout ratio is 30.88%.

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).