Dell Technologies Inc. $DELL Shares Sold by RWA Wealth Partners LLC

Key Points

• RWA Wealth Partners LLC sold 121,667 shares of Dell Technologies, reducing its stake by 93.2% to 8,865 shares valued at approximately $808,000.
• Analysts have varying price targets for Dell Technologies, with some raising it to as high as $145.00, and most analysts give the stock a consensus rating of "Moderate Buy."
• Insider trading activity includes CEO Michael S. Dell selling 10 million shares for about $1.22 billion, a 27.85% decrease in his ownership of the stock.

RWA Wealth Partners LLC reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 93.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,865 shares of the technology company's stock after selling 121,667 shares during the quarter. RWA Wealth Partners LLC's holdings in Dell Technologies were worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of DELL. Vanguard Group Inc. grew its holdings in shares of Dell Technologies by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after acquiring an additional 1,145,658 shares during the period. Boston Partners boosted its position in Dell Technologies by 34.4% during the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock worth $466,418,000 after purchasing an additional 1,312,600 shares in the last quarter. Deutsche Bank AG grew its holdings in Dell Technologies by 38.1% in the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock valued at $377,508,000 after purchasing an additional 1,142,012 shares during the last quarter. Northern Trust Corp increased its position in shares of Dell Technologies by 16.1% in the fourth quarter. Northern Trust Corp now owns 3,317,258 shares of the technology company's stock valued at $382,281,000 after buying an additional 460,483 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Dell Technologies by 160.5% during the 4th quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company's stock worth $348,814,000 after buying an additional 1,865,013 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Dell Technologies

In other news, insider William F. Scannell sold 91,230 shares of the business's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $118.42, for a total transaction of $10,803,456.60. Following the completion of the sale, the insider owned 56,429 shares in the company, valued at approximately $6,682,322.18. The trade was a 61.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 12,989,063 shares of company stock valued at $1,583,673,412 in the last ninety days. Company insiders own 42.00% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wall Street Zen cut shares of Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday, July 14th. JPMorgan Chase & Co. increased their price target on shares of Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. 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. Bank of America increased their target price on Dell Technologies from $155.00 to $165.00 and gave the company a "buy" rating in a report on Friday, July 18th. Finally, KeyCorp began coverage on Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating for the company. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $144.06.

Dell Technologies Price Performance

DELL stock traded up $2.9490 during midday trading on Friday, hitting $130.7790. The stock had a trading volume of 3,784,298 shares, compared to its average volume of 4,592,353. The company's 50-day moving average price is $127.76 and its 200 day moving average price is $109.72. The firm has a market cap of $88.78 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 0.91 and a beta of 1.02. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $147.66.

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

Dell Technologies Announces Dividend

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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's dividend payout ratio (DPR) is 33.49%.

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).