Resolute Capital Asset Partners LLC Makes New Investment in Dell Technologies Inc. $DELL

Key Points

• Resolute Capital Asset Partners LLC has made a new investment in Dell Technologies, acquiring 45,000 shares valued at approximately $4.1 million, making it the firm's 14th largest holding.
• Dell Technologies reported a quarterly earnings miss with an EPS of $1.55, below the consensus estimate of $1.68, despite revenue of $23.38 billion, surpassing expectations.
• Recent analyst ratings reflect optimism, with Bank of America and Citigroup raising their price targets for Dell Technologies, indicating a consensus rating of "Moderate Buy" and an average target price of $144.06.

Resolute Capital Asset Partners LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 45,000 shares of the technology company's stock, valued at approximately $4,102,000. Dell Technologies comprises 2.3% of Resolute Capital Asset Partners LLC's investment portfolio, making the stock its 14th largest position.

A number of other large investors have also made changes to their positions in DELL. Brighton Jones LLC grew its position in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after buying an additional 901 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Dell Technologies by 5.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 920,571 shares of the technology company's stock worth $106,090,000 after purchasing an additional 43,753 shares in the last quarter. MML Investors Services LLC increased its position in shares of Dell Technologies by 14.7% during the fourth quarter. MML Investors Services LLC now owns 38,445 shares of the technology company's stock valued at $4,430,000 after purchasing an additional 4,927 shares during the period. OneDigital Investment Advisors LLC raised its stake in shares of Dell Technologies by 12.4% in the fourth quarter. OneDigital Investment Advisors LLC now owns 4,492 shares of the technology company's stock valued at $518,000 after purchasing an additional 494 shares in the last quarter. Finally, Dark Forest Capital Management LP bought a new position in Dell Technologies in the fourth quarter worth $382,000. Institutional investors and hedge funds own 76.37% of the company's stock.

Insider Activity at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The shares were 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 approximately $3,168,289,707.07. This trade represents a 27.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of Dell Technologies stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $126.20, for a total transaction of $78,875,000.00. Following the sale, the director directly owned 960,050 shares of the company's stock, valued at $121,158,310. This represents a 39.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,989,063 shares of company stock worth $1,583,673,412. Insiders own 42.00% of the company's stock.

Dell Technologies Stock Up 1.1%

DELL stock traded up $1.46 during trading on Wednesday, hitting $132.45. The company had a trading volume of 3,778,358 shares, compared to its average volume of 7,012,097. The firm has a 50-day moving average price of $128.42 and a 200-day moving average price of $110.06. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $147.66. The stock has a market cap of $89.91 billion, a price-to-earnings ratio of 21.12, a PEG ratio of 0.91 and a beta of 1.02.

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

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's payout ratio is currently 33.49%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DELL. Mizuho raised their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Morgan Stanley boosted their price target on Dell Technologies from $135.00 to $144.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. UBS Group dropped their price objective on Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Friday, May 30th. Raymond James Financial upped their target price on shares of Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, May 30th. Finally, Susquehanna reissued a "neutral" rating and set a $125.00 price target on shares of Dell Technologies in a report on Wednesday, August 13th. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $144.06.

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).