Jones Financial Companies Lllp Raises Position in Dell Technologies Inc. $DELL

Key Points

• Jones Financial Companies Lllp increased its stake in Dell Technologies by 567.0% during the first quarter, owning 75,935 shares worth approximately $6.92 million after purchasing over 64,000 additional shares.
• The company recently reported earnings per share of $2.32 for the quarter, surpassing analysts' expectations, with revenue reaching $29.78 billion, which marks a 19% increase compared to the previous year.
• Dell Technologies announced a quarterly dividend of $0.525 per share, with an annualized dividend yield of 1.7%, indicating sustainable returns for investors.

Jones Financial Companies Lllp grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 567.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 75,935 shares of the technology company's stock after purchasing an additional 64,551 shares during the period. Jones Financial Companies Lllp's holdings in Dell Technologies were worth $6,921,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new position in shares of Dell Technologies in the 1st quarter valued at $25,000. N.E.W. Advisory Services LLC bought a new position in shares of Dell Technologies in the 1st quarter valued at $26,000. Cheviot Value Management LLC bought a new position in shares of Dell Technologies in the 1st quarter valued at $27,000. Cullen Frost Bankers Inc. grew its position in Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock worth $28,000 after acquiring an additional 222 shares during the last quarter. Finally, Crowley Wealth Management Inc. grew its position in Dell Technologies by 86.2% during the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock worth $30,000 after acquiring an additional 150 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Buying and Selling at Dell Technologies

In related news, CEO Michael S. Dell sold 10,000,000 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the transaction, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 173,100 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $126.01, for a total value of $21,812,331.00. Following the transaction, the director directly owned 980,295 shares in the company, valued at approximately $123,526,972.95. This trade represents a 15.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,618,897 shares of company stock worth $1,428,008,024 in the last quarter. Company insiders own 42.00% of the company's stock.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded down $0.39 during midday trading on Friday, reaching $124.98. The company's stock had a trading volume of 4,363,546 shares, compared to its average volume of 6,521,694. The firm has a market capitalization of $84.84 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 0.86 and a beta of 1.01. The firm has a 50 day moving average price of $129.36 and a two-hundred day moving average price of $110.98. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 was up 19.0% compared to the same quarter last year. During the same period in the previous year, the business 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 anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

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

Analysts Set New Price Targets

DELL has been the topic of a number of research reports. TD Cowen boosted their price objective on Dell Technologies from $125.00 to $130.00 and gave the stock a "hold" rating in a research report on Friday, August 29th. Wells Fargo & Company upped their price target on Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Wall Street Zen upgraded Dell Technologies from a "hold" rating to a "buy" rating in a research report on Saturday. Fox Advisors lowered Dell Technologies from an "overweight" rating to an "equal weight" rating in a research report on Friday, August 29th. Finally, Raymond James Financial upped their price target on Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $146.31.

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).