Livforsakringsbolaget Skandia Omsesidigt Buys 31,250 Shares of Dell Technologies Inc. $DELL

Livforsakringsbolaget Skandia Omsesidigt increased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 1,345.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,573 shares of the technology company's stock after purchasing an additional 31,250 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Dell Technologies were worth $4,116,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Vanguard Capital Wealth Advisors increased its holdings in Dell Technologies by 5.9% in the fourth quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock worth $207,000 after purchasing an additional 100 shares in the last quarter. Cary Street Partners Financial LLC increased its holdings in Dell Technologies by 2.7% in the first quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock worth $395,000 after purchasing an additional 116 shares in the last quarter. OneAscent Financial Services LLC increased its holdings in shares of Dell Technologies by 3.4% during the first quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock valued at $345,000 after acquiring an additional 125 shares in the last quarter. MRP Capital Investments LLC increased its holdings in shares of Dell Technologies by 0.8% during the first quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock valued at $1,365,000 after acquiring an additional 125 shares in the last quarter. Finally, Greenleaf Trust increased its holdings in shares of Dell Technologies by 1.4% during the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock valued at $927,000 after acquiring an additional 136 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 173,100 shares of the business's stock in a transaction 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 owned 980,295 shares of the company's stock, valued at approximately $123,526,972.95. The trade was a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William F. Scannell sold 91,230 shares of the business's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $118.42, for a total value of $10,803,456.60. Following the completion of the transaction, the insider directly owned 56,429 shares in the company, valued at approximately $6,682,322.18. This represents a 61.78% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,618,897 shares of company stock valued at $1,428,008,024. 42.00% of the stock is currently owned by insiders.

Dell Technologies Trading Up 1.2%

Shares of Dell Technologies stock opened at $126.60 on Tuesday. The stock has a fifty day simple moving average of $129.40 and a 200 day simple moving average of $111.17. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $147.66. The company has a market capitalization of $85.12 billion, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share 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 for the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The business's revenue 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 predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.7%. Dell Technologies's payout ratio is currently 30.88%.

Analyst Ratings Changes

Several research firms have recently commented on DELL. Susquehanna restated a "neutral" rating and set a $125.00 price objective on shares of Dell Technologies in a report on Wednesday, August 13th. Evercore ISI boosted their price objective on Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a report on Friday, August 15th. TD Cowen boosted their price objective on Dell Technologies from $125.00 to $130.00 and gave the company a "hold" rating in a report on Friday, August 29th. Sanford C. Bernstein set a $175.00 price objective on Dell Technologies and gave the company an "outperform" rating in a report on Monday. Finally, Raymond James Financial upped their price target on Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Fifteen research 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 company has a consensus rating of "Moderate Buy" and an average target price of $148.00.

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).

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