M Holdings Securities Inc. Acquires 3,318 Shares of Dell Technologies Inc. $DELL

Key Points

• M Holdings Securities opened a new Dell Technologies position in the third quarter, buying 3,318 shares valued at about $1.785 million. Institutional investors collectively own 76.37% of the stock.
• Dell reported quarterly earnings of $7.04 per share, beating the $4.91 consensus estimate, while revenue rose 57.7% year over year to $46.97 billion.
• Analysts give Dell a consensus “Moderate Buy” rating, with an average price target of $569.96. Company directors and other insiders have sold about 1.82 million shares worth roughly $991 million over the past 90 days.

M Holdings Securities Inc. acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,318 shares of the technology company's stock, valued at approximately $1,785,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wellington Management Group LLP increased its stake in Dell Technologies by 140.1% in the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock valued at $1,090,294,000 after acquiring an additional 1,474,347 shares during the last quarter. Bank of America Corp DE lifted its stake in Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after purchasing an additional 1,011,101 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company's stock worth $350,288,000 after purchasing an additional 337,836 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Dell Technologies by 70.2% in the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company's stock worth $118,432,000 after purchasing an additional 297,500 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in shares of Dell Technologies by 73.4% in the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company's stock worth $71,946,000 after purchasing an additional 185,527 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. KeyCorp reissued a "sector weight" rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Daiwa Securities Group upped their target price on Dell Technologies from $465.00 to $625.00 and gave the stock an "outperform" rating in a research note on Friday, September 18th. Truist Financial upped their target price on Dell Technologies from $360.00 to $505.00 and gave the stock a "hold" rating in a research note on Wednesday, September 2nd. TD Cowen increased their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the company a "hold" rating in a research report on Tuesday, September 29th. Finally, Raymond James Financial lifted their price target on shares of Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $569.96.

Dell Technologies Stock Up 5.5%

NYSE DELL opened at $346.50 on Tuesday. The company has a 50-day simple moving average of $502.66 and a two-hundred day simple moving average of $337.59. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The firm has a market cap of $220.30 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 0.39 and a beta of 1.45.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the previous year, the business earned $1.70 earnings per share. The company's quarterly revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Equities analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, October 20th. Dell Technologies's dividend payout ratio (DPR) is presently 14.63%.

More Dell Technologies News

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Dell’s AI momentum is supported by strong server demand, a reported $95 billion backlog and raised FY2027 guidance. These factors underpin the stock’s longer-term growth case, although investors will look for execution to sustain it. Article: DELL Rallies 130% in a Year: Can AI Momentum Fuel More Gains?
• Positive Sentiment: Dell expanded cyber-recovery capabilities aimed at protecting AI and identity systems, adding to its offerings in areas that may benefit from growing enterprise technology needs. Article: Dell expands cyber recovery to protect AI and identity systems
• Positive Sentiment: A collaboration with Dubai Electricity and Water Authority to improve smart-infrastructure resilience could provide a further showcase for Dell’s technology in infrastructure projects. Article: DEWA, Dell Technologies collaborate to enhance smart infrastructure resilience
• Negative Sentiment: Despite the AI growth story, Dell and other AI hardware stocks recently suffered a sharp selloff, giving back a significant portion of earlier gains. Upcoming earnings and cash-flow results may determine whether a recovery is sustainable. Article: Dell and HPE Were AI Winners Until the Selloff. Can Earnings Put Them Back on Track?

Insider Activity at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the sale, the director owned 64,209 shares of the company's stock, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm's stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is owned by corporate insiders.

Dell Technologies Company Profile

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.

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