Fox Run Management L.L.C. Purchases Shares of 14,251 Dell Technologies Inc. $DELL

Key Points

• Fox Run Management L.L.C. invested approximately $1.3 million in Dell Technologies by purchasing 14,251 shares in the first quarter.
• Analysts have raised their price targets for Dell Technologies stock, with Morgan Stanley setting it as high as $126.00 and others suggesting strong buy ratings.
• Insider selling has been significant, with over 12 million shares sold by insiders in the last ninety days, indicating a 42% ownership by corporate insiders.

Fox Run Management L.L.C. bought a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,251 shares of the technology company's stock, valued at approximately $1,299,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased 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 worth $2,653,032,000 after purchasing an additional 1,145,658 shares during the period. Capital World Investors increased its holdings in shares of Dell Technologies by 0.6% in the fourth quarter. Capital World Investors now owns 12,460,949 shares of the technology company's stock worth $1,436,000,000 after purchasing an additional 72,271 shares during the period. Boston Partners increased 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 worth $466,418,000 after purchasing an additional 1,312,600 shares during the period. Deutsche Bank AG increased 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 worth $377,508,000 after purchasing an additional 1,142,012 shares during the period. Finally, Northern Trust Corp increased its stake in Dell Technologies by 16.1% in the fourth quarter. Northern Trust Corp now owns 3,317,258 shares of the technology company's stock valued at $382,281,000 after acquiring an additional 460,483 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Analysts Set New Price Targets

DELL has been the subject of several analyst reports. Evercore ISI upped their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a research report on Friday, August 15th. Morgan Stanley upped their price target on shares of Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. TD Cowen upped their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a research report on Friday, May 30th. Wall Street Zen lowered shares of Dell Technologies from a "buy" rating to a "hold" rating in a research report on Monday, July 14th. Finally, Mizuho upped their price target on shares of Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Sixteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $143.00.

Insider Activity at Dell Technologies

In related news, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the completion of the sale, the chief executive officer owned 25,912,241 shares of the company's stock, valued at $3,168,289,707.07. This trade represents a 27.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Brunilda Rios sold 6,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.29, for a total transaction of $757,740.00. Following the completion of the sale, the chief accounting officer owned 18,948 shares in the company, valued at $2,392,942.92. This represents a 24.05% 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 over the last ninety days. Corporate insiders own 42.00% of the company's stock.

Dell Technologies Stock Down 4.1%

Shares of Dell Technologies stock traded down $5.4840 during trading on Wednesday, reaching $129.7160. 2,636,586 shares of the stock were exchanged, compared to its average volume of 7,085,683. The stock's fifty day moving average is $126.71 and its 200 day moving average is $109.16. The firm has a market cap of $88.06 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 0.97 and a beta of 1.02. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66.

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

Dell Technologies Dividend Announcement

The company also recently declared 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 of this dividend was Tuesday, July 22nd. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. Dell Technologies's dividend payout ratio (DPR) is 33.49%.

About Dell Technologies

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).