Northwest & Ethical Investments L.P. Sells 6,400 Shares of Dell Technologies Inc. $DELL

Key Points

• Northwest & Ethical Investments L.P. has reduced its stake in Dell Technologies Inc. by 22.7%, owning 21,769 shares worth approximately $1.98 million after selling 6,400 shares.
• Several large investors, including Vanguard Group and Boston Partners, have increased their holdings in Dell Technologies, indicating strong institutional interest in the company.
• The recent earnings report showed Dell miss its EPS estimate with $1.55, although revenue increased by 5.1% year-over-year, reflecting ongoing growth despite shortfalls in earnings expectations.

Northwest & Ethical Investments L.P. cut its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 22.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,769 shares of the technology company's stock after selling 6,400 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Dell Technologies were worth $1,984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bellwether Advisors LLC acquired a new position in Dell Technologies during the 4th quarter worth about $25,000. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies during the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new position in shares of Dell Technologies in the 1st quarter worth about $26,000. Cheviot Value Management LLC bought a new position in shares of Dell Technologies in the 1st quarter worth about $27,000. Finally, Cullen Frost Bankers Inc. raised its position in shares of Dell Technologies by 270.7% in the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock worth $28,000 after acquiring an additional 222 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Trading Up 2.3%

Dell Technologies stock traded up $2.9490 during midday trading on Friday, reaching $130.7790. The stock had a trading volume of 3,784,298 shares, compared to its average volume of 4,566,602. 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 $88.78 billion, a P/E ratio of 20.86, a PEG ratio of 0.91 and a beta of 1.02. The company has a fifty day moving average price of $127.76 and a two-hundred day moving average price of $109.74.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The firm had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. During the same period in the previous year, the firm earned $1.27 earnings per share. The business's quarterly revenue was up 5.1% on a year-over-year basis. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. On average, equities research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 22nd were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's payout ratio is presently 33.49%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DELL shares. Barclays lifted their price objective on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Friday, May 30th. Susquehanna reissued a "neutral" rating and issued a $125.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 13th. Morgan Stanley lifted 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. TD Cowen lifted their price objective on Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a research report on Friday, May 30th. Finally, Mizuho lifted their price objective on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Dell Technologies has an average rating of "Moderate Buy" and a consensus target price of $144.06.

Insider Activity

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 6,086 shares of the business's stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $123.50, for a total transaction of $751,621.00. Following the completion of the sale, the director directly owned 986,261 shares of the company's stock, valued at approximately $121,803,233.50. The trade was a 0.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the business's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $127.56, for a total value of $76,536,000.00. Following the sale, the director directly owned 980,295 shares of the company's stock, valued at $125,046,430.20. This represents a 37.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,989,063 shares of company stock worth $1,583,673,412. Company insiders own 42.00% of the company's stock.

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).