Dell Technologies Inc. $DELL Shares Purchased by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services LLC increased its stake in Dell Technologies by 3.6%, holding 73,665 shares valued at $6.7 million after purchasing an additional 2,530 shares.
• A significant insider transaction occurred when Iv (Gp) L.L.C. Slta sold 625,000 shares, decreasing their ownership by 39.43% and generating $78.9 million from the sale.
• Despite a quarterly earnings miss, analysts maintain a positive outlook for Dell, with multiple firms raising their price targets and issuing buy ratings, reflecting confidence in the company's growth potential.

Kestra Advisory Services LLC lifted its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 3.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,665 shares of the technology company's stock after purchasing an additional 2,530 shares during the period. Kestra Advisory Services LLC's holdings in Dell Technologies were worth $6,715,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bellwether Advisors LLC purchased a new stake in Dell Technologies during the 4th quarter worth approximately $25,000. Smallwood Wealth Investment Management LLC purchased a new stake in Dell Technologies during the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC purchased a new stake in Dell Technologies during the 1st quarter worth approximately $26,000. Cheviot Value Management LLC purchased a new stake in Dell Technologies during the 1st quarter worth approximately $27,000. Finally, Cullen Frost Bankers Inc. increased its stake 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 buying an additional 222 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DELL shares. Bank of America upped their target price on shares of Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a research note on Friday. The Goldman Sachs Group set a $140.00 price target on shares of Dell Technologies and gave the stock a "buy" rating in a report on Thursday. Raymond James Financial boosted their price target on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday. Mizuho raised their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Finally, Fox Advisors cut shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $145.94.

Dell Technologies Price Performance

Shares of NYSE:DELL traded down $11.85 during trading on Friday, reaching $122.20. The company had a trading volume of 24,308,936 shares, compared to its average volume of 7,142,166. The firm has a market capitalization of $82.96 billion, a price-to-earnings ratio of 19.49, a price-to-earnings-growth ratio of 0.92 and a beta of 1.02. The stock's fifty day moving average price is $129.10 and its 200 day moving average price is $110.37. 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 posted its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion during the quarter, compared to analysts' expectations of $29.14 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%.The company's quarterly revenue 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. On average, equities analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's dividend payout ratio (DPR) is currently 33.49%.

Insiders Place Their Bets

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 value of $1,222,700,000.00. Following the sale, the chief executive officer owned 25,912,241 shares in the company, valued at $3,168,289,707.07. This represents a 27.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 6,086 shares of the company's stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $123.50, for a total value of $751,621.00. Following the completion of the sale, the director owned 986,261 shares in the company, valued at approximately $121,803,233.50. This represents a 0.61% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,989,063 shares of company stock worth $1,583,673,412. Corporate insiders own 42.00% of the company's stock.

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).