MBB Public Markets I LLC Invests $288,000 in Dell Technologies Inc. $DELL

Key Points

• MBB Public Markets I LLC has made a new investment in Dell Technologies Inc., purchasing 3,159 shares valued at approximately $288,000 during the first quarter.
• Dell Technologies reported quarterly earnings of $2.32 per share, surpassing analysts' expectations, with revenue of $29.78 billion, up 19.0% year-over-year.
• The company declared a quarterly dividend of $0.525 per share, representing an annualized dividend yield of 1.7%, with payments scheduled for October 31st.

MBB Public Markets I LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,159 shares of the technology company's stock, valued at approximately $288,000.

A number of other large investors have also added to or reduced their stakes in DELL. Smallwood Wealth Investment Management LLC bought a new stake in Dell Technologies in the 1st quarter worth $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Dell Technologies during the 1st quarter valued at about $26,000. Cheviot Value Management LLC bought a new stake in shares of Dell Technologies during the 1st quarter valued at about $27,000. Cullen Frost Bankers Inc. boosted its stake in shares of Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after purchasing an additional 222 shares in the last quarter. Finally, Crowley Wealth Management Inc. boosted its stake in shares of Dell Technologies by 86.2% during the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock valued at $30,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Price Performance

NYSE DELL traded down $0.39 during trading hours on Friday, reaching $124.98. 4,363,546 shares of the company's stock traded hands, compared to its average volume of 6,567,567. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66. The firm has a market cap of $84.03 billion, a PE ratio of 18.38, a PEG ratio of 0.86 and a beta of 1.01. The firm has a 50-day simple moving average of $129.36 and a 200 day simple moving average of $111.00.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. The company had revenue of $29.78 billion during the quarter, compared to analysts' expectations of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. Dell Technologies's revenue was up 19.0% on a year-over-year basis. During the same period last year, the company posted $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. Sell-side analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be issued 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 30.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DELL shares. TD Cowen lifted their target price on shares of Dell Technologies from $125.00 to $130.00 and gave the company a "hold" rating in a research note on Friday, August 29th. Barclays lifted their target price on shares of Dell Technologies from $123.00 to $131.00 and gave the company an "equal weight" rating in a research note on Friday, August 29th. UBS Group lifted their target price on shares of Dell Technologies from $145.00 to $155.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Raymond James Financial lifted their target price on shares of Dell Technologies from $150.00 to $152.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Finally, Wells Fargo & Company lifted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $146.31.

Insiders Place Their Bets

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of Dell Technologies 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 completion of the transaction, the director directly owned 960,050 shares of the company's stock, valued at approximately $121,158,310. The trade was a 39.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William D. Green sold 50,000 shares of Dell Technologies stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the completion of the transaction, the director directly owned 45,045 shares of the company's stock, valued at $6,306,300. This trade represents a 52.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,618,897 shares of company stock valued at $1,428,008,024. 42.00% of the stock is owned by company insiders.

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).