Jeppson Wealth Management LLC Buys New Position in Dell Technologies Inc. $DELL

Key Points

• Jeppson Wealth Management LLC has acquired a new position in Dell Technologies, purchasing 1,947 shares valued at approximately $239,000 during Q2.
• Significant transactions by insiders include the sale of 565,000 shares by Director V (Gp) L.L.C. Slta for $74.8 million, indicating notable insider activity.
• Dell Technologies has reported a 19% increase in revenue year-over-year, with quarterly earnings surpassing analyst expectations, exhibiting strong financial performance.

Jeppson Wealth Management LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 1,947 shares of the technology company's stock, valued at approximately $239,000.

Other hedge funds also recently modified their holdings of the company. Boston Partners boosted its holdings in Dell Technologies by 34.4% in the 1st quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock valued at $466,418,000 after purchasing an additional 1,312,600 shares during the period. Vanguard Group Inc. lifted its stake 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 period. Deutsche Bank AG grew its position in Dell Technologies by 38.1% during the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock worth $377,508,000 after buying an additional 1,142,012 shares in the last quarter. Alkeon Capital Management LLC increased its stake in Dell Technologies by 41.4% during the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company's stock valued at $289,657,000 after acquiring an additional 931,032 shares during the period. Finally, Auto Owners Insurance Co raised its holdings in Dell Technologies by 18,732.9% in the 1st quarter. Auto Owners Insurance Co now owns 781,000 shares of the technology company's stock valued at $71,188,000 after acquiring an additional 776,853 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total transaction of $74,760,800.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the director directly owned 45,045 shares of the company's stock, valued at approximately $6,306,300. This represents a 52.61% decrease in their position. 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 in the last 90 days. Corporate insiders own 42.00% of the company's stock.

Dell Technologies Trading Down 1.7%

NYSE DELL opened at $132.00 on Thursday. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66. The company has a 50 day moving average of $130.25 and a 200-day moving average of $112.76. The firm has a market cap of $88.75 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 0.92 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping 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 business had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same period in the prior year, the company earned $1.89 EPS. Dell Technologies's revenue for the quarter 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. On average, analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies's payout ratio is currently 30.88%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. KeyCorp assumed coverage on Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating on the stock. Barclays boosted their price target on shares of Dell Technologies from $131.00 to $133.00 and gave the company an "equal weight" rating in a report on Wednesday, September 17th. Fox Advisors lowered shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a research report on Friday, August 29th. Daiwa Capital Markets increased their price target on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a research report on Thursday, September 11th. Finally, Susquehanna reaffirmed a "neutral" rating and set a $125.00 price objective on shares of Dell Technologies in a report on Wednesday, August 13th. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $147.67.

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).

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