Guyasuta Investment Advisors Inc. boosted its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 77.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,489 shares of the technology company's stock after buying an additional 5,001 shares during the quarter. Guyasuta Investment Advisors Inc.'s holdings in Dell Technologies were worth $1,409,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC increased its position in shares of Dell Technologies by 2.7% during the first quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock valued at $395,000 after acquiring an additional 116 shares in the last quarter. OneAscent Financial Services LLC increased its holdings in shares of Dell Technologies by 3.4% in the 1st quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock worth $345,000 after buying an additional 125 shares during the last quarter. MRP Capital Investments LLC grew its holdings in Dell Technologies by 0.8% during the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock valued at $1,365,000 after purchasing an additional 125 shares during the last quarter. Greenleaf Trust grew its stake in Dell Technologies by 1.4% in the 1st quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock worth $927,000 after acquiring an additional 136 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of Dell Technologies by 32.9% in the 1st quarter. First Horizon Advisors Inc. now owns 586 shares of the technology company's stock worth $53,000 after purchasing an additional 145 shares during the period. 76.37% of the stock is owned by institutional investors.
Insider Activity at Dell Technologies
In other Dell Technologies 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 document filed with the SEC, which is available through this link. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the business's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02. The disclosure for this sale can be found here. Insiders have sold a total of 3,191,981 shares of company stock worth $418,740,215 over the last quarter. Company insiders own 42.00% of the company's stock.
Wall Street Analyst Weigh In
DELL has been the topic of a number of research reports. TD Cowen increased their price objective on shares of Dell Technologies from $125.00 to $130.00 and gave the stock a "hold" rating in a research note on Friday, August 29th. Cowen reiterated a "hold" rating on shares of Dell Technologies in a research report on Friday, August 29th. UBS Group lifted their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the company a "buy" rating in a report on Friday, August 29th. KeyCorp started coverage on shares of Dell Technologies in a research note on Thursday, June 26th. They issued a "sector weight" rating for the company. Finally, Wall Street Zen upgraded shares of Dell Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Sixteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $147.67.
Read Our Latest Research Report on DELL
Dell Technologies Trading Down 0.1%
Shares of DELL opened at $130.79 on Friday. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $147.66. The stock has a fifty day moving average price of $130.39 and a 200-day moving average price of $113.44. The firm has a market cap of $87.94 billion, a PE ratio of 19.23, a P/E/G ratio of 0.90 and a beta of 1.01.
Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.03. The company had revenue of $29.78 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.
Dell Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. Dell Technologies's dividend payout ratio (DPR) is currently 30.88%.
Dell Technologies Profile
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Free Report)
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).
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