Prime Capital Investment Advisors LLC Acquires 10,250 Shares of Dell Technologies Inc. $DELL

Prime Capital Investment Advisors LLC grew its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 82.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,701 shares of the technology company's stock after purchasing an additional 10,250 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Dell Technologies were worth $2,783,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Central Pacific Bank Trust Division bought a new position in shares of Dell Technologies during the 2nd quarter valued at $29,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at $25,000. N.E.W. Advisory Services LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at $26,000. Cheviot Value Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at $27,000. Finally, Flaharty Asset Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at $27,000. Institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Bank of America lifted their target price on shares of Dell Technologies from $167.00 to $170.00 and gave the stock a "buy" rating in a report on Wednesday, October 1st. UBS Group lifted their target price on shares of Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, August 29th. The Goldman Sachs Group lifted their target price on shares of Dell Technologies from $150.00 to $155.00 and gave the stock a "buy" rating in a report on Tuesday, September 30th. Raymond James Financial lifted their target price on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Finally, Wells Fargo & Company lifted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $148.67.

Insider Buying and Selling at Dell Technologies

In related news, Director Lynn Vojvodich Radakovich sold 725 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $126.39, for a total value of $91,632.75. Following the sale, the director owned 23,680 shares of the company's stock, valued at $2,992,915.20. The trade was a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The disclosure for this sale can be found here. In the last three months, insiders sold 3,781,682 shares of company stock worth $505,183,267. Insiders own 42.00% of the company's stock.

Dell Technologies Price Performance

NYSE DELL opened at $150.79 on Wednesday. The firm has a market capitalization of $101.39 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 1.00 and a beta of 1.05. The company's fifty day moving average is $132.43 and its two-hundred day moving average is $115.74. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $154.70.

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

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be paid a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.4%. Dell Technologies's payout ratio is presently 30.88%.

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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