Graham Capital Management L.P. Makes New $2.60 Million Investment in Dell Technologies Inc. $DELL

Key Points

• Graham Capital Management L.P. has taken a new position in Dell Technologies Inc., acquiring 28,486 shares valued at approximately $2.60 million in the first quarter.
• Despite a recent EPS of $2.32, beating estimates, Dell Technologies has seen its stock decline by 8.8% with a current price of $122.20.
• The company has declared a quarterly dividend of $0.525, marking a yield of 1.7% and a payout ratio of 30.88%.

Graham Capital Management L.P. acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 28,486 shares of the technology company's stock, valued at approximately $2,596,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Exchange Traded Concepts LLC grew its holdings in Dell Technologies by 25.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after buying an additional 506 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in Dell Technologies by 44.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after purchasing an additional 809 shares during the last quarter. Mather Group LLC. raised its position in shares of Dell Technologies by 113.3% during the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after acquiring an additional 554 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of Dell Technologies by 54.6% during the first quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock worth $402,000 after acquiring an additional 1,558 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Dell Technologies by 9.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company's stock worth $5,417,000 after purchasing an additional 4,977 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on DELL. JPMorgan Chase & Co. boosted their price objective on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Morgan Stanley upped their price target on Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Bank of America upped their price target on Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a report on Friday, August 29th. UBS Group upped their price target on Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Fox Advisors downgraded Dell Technologies from an "overweight" rating to an "equal weight" rating in a report on Friday, August 29th. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, Dell Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $146.31.

Dell Technologies Price Performance

Shares of NYSE DELL traded down $1.72 during trading on Friday, reaching $124.95. 6,404,285 shares of the stock traded hands, compared to its average volume of 7,141,277. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66. The company has a 50-day moving average of $129.32 and a 200-day moving average of $110.74. The stock has a market capitalization of $84.82 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter in the prior year, the firm earned $1.89 EPS. The business's revenue for the quarter 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. Analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio is currently 30.88%.

Insiders Place Their Bets

In related news, Director V (Gp) L.L.C. Slta sold 527,187 shares of the stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $112.83, for a total transaction of $59,482,509.21. Following the completion of the sale, the director directly owned 938,741 shares in the company, valued at $105,918,147.03. This represents a 35.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.20, for a total value of $78,875,000.00. Following the completion of the sale, the director owned 960,050 shares of the company's stock, valued at approximately $121,158,310. This trade represents a 39.43% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,918,898 shares of company stock worth $1,576,038,056. 42.00% of the stock is owned by corporate insiders.

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).