Lansforsakringar Fondforvaltning AB publ Has $26.18 Million Position in Dell Technologies Inc. $DELL

Key Points

• Lansforsakringar Fondforvaltning AB publ increased its stake in Dell Technologies by 1.5%, bringing its total holdings to 287,164 shares valued at $26.17 million.
• Several large investors, including the Michael & Susan Dell Foundation and Janus Henderson Group PLC, have significantly increased their stakes in Dell Technologies, highlighting strong institutional interest in the company.
• The stock has been rated with a consensus of "Moderate Buy" among analysts, with a target price averaging $144.06, indicating potential for future growth.

Lansforsakringar Fondforvaltning AB publ increased its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 1.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 287,164 shares of the technology company's stock after acquiring an additional 4,282 shares during the quarter. Lansforsakringar Fondforvaltning AB publ's holdings in Dell Technologies were worth $26,175,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Exchange Traded Concepts LLC increased its stake in shares of Dell Technologies by 25.9% in the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock worth $224,000 after purchasing an additional 506 shares during the period. Wealthcare Advisory Partners LLC increased its position in Dell Technologies by 44.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock worth $238,000 after buying an additional 809 shares during the period. Mather Group LLC. increased its position in Dell Technologies by 113.3% in the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after buying an additional 554 shares during the period. Golden State Wealth Management LLC lifted its holdings in shares of Dell Technologies by 54.6% during the first quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock worth $402,000 after buying an additional 1,558 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Dell Technologies by 9.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company's stock valued at $5,417,000 after acquiring an additional 4,977 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Susquehanna reiterated a "neutral" rating and set a $125.00 target price on shares of Dell Technologies in a research note on Wednesday, August 13th. KeyCorp began coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating for the company. Mizuho lifted their target price on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Fox Advisors lowered Dell Technologies from an "overweight" rating to an "equal weight" rating in a research note on Friday. Finally, Bank of America raised their price objective on Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a research report on Friday. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $146.31.

Dell Technologies Trading Down 8.8%

NYSE:DELL traded down $11.85 during mid-day trading on Monday, hitting $122.20. The company's stock had a trading volume of 24,308,936 shares, compared to its average volume of 5,777,714. The company has a market capitalization of $82.96 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of 0.85 and a beta of 1.01. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The stock has a fifty day moving average of $129.23 and a 200-day moving average of $110.49.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, beating 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 company 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 posted $1.89 EPS. The company's 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. On average, equities analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. Dell Technologies's dividend payout ratio (DPR) is presently 30.88%.

Insider Buying and Selling

In other news, Director William D. Green sold 50,000 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $140.00, for a total value of $7,000,000.00. Following the sale, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brunilda Rios sold 6,000 shares of the stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $126.29, for a total transaction of $757,740.00. Following the sale, the chief accounting officer owned 18,948 shares of the company's stock, valued at $2,392,942.92. This trade represents a 24.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,989,063 shares of company stock worth $1,583,673,412 in the last three months. Company 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).