MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 5,119 Shares of Dell Technologies Inc. $DELL

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Dell Technologies by 8.6%, acquiring an additional 5,119 shares to bring its total holdings to 64,876 shares, valued at approximately $5.91 million.
• CEO Michael S. Dell sold 10 million shares for over $1.22 billion, reducing his ownership by 27.85%, while insider sales totaled over $1.42 billion in the past three months.
• Analysts have upgraded their price targets for Dell Technologies, with a consensus target of $146.31 and a "Moderate Buy" rating, reflecting strong interest from institutional investors, who collectively own 76.37% of the stock.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 8.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,876 shares of the technology company's stock after buying an additional 5,119 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Dell Technologies were worth $5,913,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Capital Wealth Advisors lifted its holdings in Dell Technologies by 5.9% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after purchasing an additional 100 shares during the last quarter. Cary Street Partners Financial LLC lifted its holdings in Dell Technologies by 2.7% during the 1st quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock valued at $395,000 after purchasing an additional 116 shares during the last quarter. OneAscent Financial Services LLC lifted its holdings in Dell Technologies by 3.4% during the 1st quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock valued at $345,000 after purchasing an additional 125 shares during the last quarter. MRP Capital Investments LLC lifted its holdings in Dell Technologies by 0.8% during the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock valued at $1,365,000 after purchasing an additional 125 shares during the last quarter. Finally, Greenleaf Trust lifted its holdings in Dell Technologies by 1.4% during the 1st quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock valued at $927,000 after purchasing an additional 136 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Down 0.3%

Shares of DELL stock traded down $0.39 during mid-day trading on Friday, reaching $124.98. 4,363,546 shares of the stock traded hands, compared to its average volume of 6,521,694. The stock's fifty day simple moving average is $129.36 and its two-hundred day simple moving average is $110.98. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66. The company has a market cap of $84.84 billion, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same period last year, the firm posted $1.89 earnings per share. The business's revenue for the quarter 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, equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is presently 30.88%.

Analyst Upgrades and Downgrades

DELL has been the topic of several recent research reports. UBS Group increased their price objective on Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Morgan Stanley increased their price objective on Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Susquehanna reiterated a "neutral" rating and set a $125.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 13th. Finally, Barclays increased their price objective on Dell Technologies from $123.00 to $131.00 and gave the stock an "equal weight" 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 stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $146.31.

Insider Activity

In related news, CEO Michael S. Dell sold 10,000,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the transaction, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at $3,168,289,707.07. The trade was a 27.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brunilda Rios sold 6,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.29, for a total value of $757,740.00. Following the completion of the transaction, the chief accounting officer directly owned 18,948 shares in the company, valued at approximately $2,392,942.92. This represents a 24.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,618,897 shares of company stock valued at $1,428,008,024. 42.00% of the stock is currently owned by company insiders.

Dell Technologies 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).