Rollins Financial Advisors LLC Takes $223,000 Position in Dell Technologies Inc. $DELL

Key Points

• Rollins Financial Advisors LLC has acquired a new position in Dell Technologies Inc., purchasing 2,445 shares valued at approximately $223,000 in the first quarter.
• Several hedge funds, including Vanguard Capital Wealth Advisors and Cary Street Partners Financial LLC, have increased their holdings in Dell Technologies in recent months, indicating strong institutional interest.
• Dell Technologies reported earnings of $2.32 per share for the last quarter, beating estimates and showing a 19.0% increase in revenue year-over-year.

Rollins Financial Advisors LLC bought a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,445 shares of the technology company's stock, valued at approximately $223,000.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Capital Wealth Advisors raised its position in Dell Technologies by 5.9% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock worth $207,000 after buying an additional 100 shares during the last quarter. Cary Street Partners Financial LLC boosted its holdings in Dell Technologies by 2.7% in the first quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock worth $395,000 after purchasing an additional 116 shares during the last quarter. OneAscent Financial Services LLC boosted its holdings in Dell Technologies by 3.4% in the first quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock worth $345,000 after purchasing an additional 125 shares during the last quarter. MRP Capital Investments LLC boosted its holdings in Dell Technologies by 0.8% in the first quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock worth $1,365,000 after purchasing an additional 125 shares during the last quarter. Finally, Greenleaf Trust boosted its holdings in Dell Technologies by 1.4% in the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock worth $927,000 after purchasing an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

DELL has been the topic of a number of research reports. Barclays raised their price target on Dell Technologies from $123.00 to $131.00 and gave the stock an "equal weight" rating in a research note on Friday, August 29th. Wall Street Zen downgraded Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday, July 14th. Morgan Stanley raised their price target on Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Citigroup raised their price target on Dell Technologies from $135.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Finally, Evercore ISI raised their price target on Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a research note on Friday, August 15th. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $146.31.

Insider Activity

In other news, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the firm's stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $127.56, for a total transaction of $76,536,000.00. Following the sale, the director directly owned 980,295 shares in the company, valued at $125,046,430.20. This trade represents a 37.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William D. Green sold 50,000 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the sale, the director owned 45,045 shares in the company, valued at $6,306,300. The trade was a 52.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,618,897 shares of company stock worth $1,428,008,024. 42.00% of the stock is currently owned by insiders.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $124.32 on Thursday. The company's fifty day simple moving average is $129.35 and its 200-day simple moving average is $110.84. The stock has a market capitalization of $84.39 billion, a PE ratio of 18.28, a P/E/G ratio of 0.83 and a beta of 1.01. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $147.66.

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 for the quarter, topping the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion for 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%. The company's revenue was up 19.0% compared to the same quarter last year. During the same quarter 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. As a group, research analysts anticipate 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 will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is presently 30.88%.

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).

Want to see what other hedge funds are holding DELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dell Technologies Inc. (NYSE:DELL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.