Dell Technologies Inc. $DELL Shares Purchased by Kestra Investment Management LLC

Key Points

• Kestra Investment Management LLC has increased its stake in Dell Technologies by 33.7%, now owning shares valued at approximately $1.59 million.
• Institutional investors together own 76.37% of Dell's stock, with significant increases in holdings noted from firms like Vanguard, Boston Partners, and Deutsche Bank during the first quarter.
• Dell Technologies recently announced a quarterly dividend of $0.525 per share, representing an annualized yield of 1.7%, to be paid on October 31st.

Kestra Investment Management LLC lifted its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 33.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,442 shares of the technology company's stock after acquiring an additional 4,393 shares during the period. Kestra Investment Management LLC's holdings in Dell Technologies were worth $1,589,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in DELL. Smallwood Wealth Investment Management LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new stake in Dell Technologies in the first quarter valued at approximately $26,000. Cheviot Value Management LLC purchased a new stake in shares of Dell Technologies during the 1st quarter valued at $27,000. Cullen Frost Bankers Inc. boosted its position in shares of Dell Technologies by 270.7% in the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock worth $28,000 after purchasing an additional 222 shares in the last quarter. Finally, Crowley Wealth Management Inc. grew its stake 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 buying an additional 150 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Activity at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 527,187 shares of the stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $112.83, for a total value of $59,482,509.21. Following the completion of the sale, the director owned 938,741 shares of the company's stock, valued at $105,918,147.03. This represents a 35.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the firm's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.20, for a total value of $78,875,000.00. Following the sale, the director owned 960,050 shares in the company, valued at approximately $121,158,310. The trade was a 39.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,146,084 shares of company stock valued at $1,487,490,534 in the last ninety days. 42.00% of the stock is owned by insiders.

Dell Technologies Trading Up 2.5%

NYSE:DELL traded up $3.03 during midday trading on Wednesday, hitting $124.32. 8,436,846 shares of the company were exchanged, compared to its average volume of 6,283,313. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The company has a fifty day simple moving average of $129.35 and a 200 day simple moving average of $110.84. The company has a market capitalization of $84.39 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 0.83 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 the consensus estimate 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 during the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter in the prior year, the business earned $1.89 earnings per share. The company's quarterly revenue 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. As a group, equities research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current 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 given 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 yield of 1.7%. Dell Technologies's payout ratio is presently 30.88%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DELL shares. Citigroup raised their price target on Dell Technologies from $135.00 to $160.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Barclays boosted their target price on shares of Dell Technologies from $123.00 to $131.00 and gave the stock an "equal weight" rating in a research report on Friday, August 29th. UBS Group raised their price target on shares of Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Morgan Stanley raised their price target on shares of Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Finally, Wall Street Zen cut Dell Technologies from a "buy" rating to a "hold" rating in a research report on Monday, July 14th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $146.31.

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).