Stance Capital LLC Acquires 3,252 Shares of Dell Technologies Inc. $DELL

Key Points

• Stance Capital LLC significantly increased its stake in Dell Technologies by 40,650.0%, bringing its total holdings to 3,260 shares valued at $297,000.
• Insiders at Dell Technologies have sold over 12.9 million shares worth approximately $1.58 billion in the past ninety days, representing a substantial decrease in their positions.
• Recent research reports have raised the target price for Dell Technologies, with a consensus rating of "Moderate Buy" and a consensus target price of $146.31.

Stance Capital LLC grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 40,650.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,260 shares of the technology company's stock after purchasing an additional 3,252 shares during the quarter. Stance Capital LLC's holdings in Dell Technologies were worth $297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of Dell Technologies during the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new stake in Dell Technologies during the 1st quarter worth approximately $26,000. Cheviot Value Management LLC bought a new position in Dell Technologies in the first quarter valued at approximately $27,000. Cullen Frost Bankers Inc. increased its position in shares of Dell Technologies by 270.7% during the first 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. Finally, Crowley Wealth Management Inc. lifted its position in Dell Technologies by 86.2% in the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock valued at $30,000 after acquiring an additional 150 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Price Performance

DELL traded up $3.03 during trading on Wednesday, hitting $124.32. 8,436,846 shares of the stock traded hands, compared to its average volume of 7,158,400. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66. The company has a market cap of $84.39 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 0.84 and a beta of 1.01. The business has a 50 day moving average price of $129.35 and a 200 day moving average price of $110.84.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. During the same period in the previous year, the business earned $1.89 earnings per share. The company's revenue was up 19.0% on a year-over-year basis. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, equities research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors 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 yield of 1.7%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is currently 30.88%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the completion of the sale, the chief executive officer owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the 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 transaction, the director directly owned 960,050 shares in the company, valued at approximately $121,158,310. This represents a 39.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,146,084 shares of company stock worth $1,487,490,534 over the last 90 days. Company insiders own 42.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DELL shares. Bank of America lifted their target price on Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Fox Advisors cut shares of Dell Technologies from an "overweight" rating to an "equal weight" rating in a research note on Friday, August 29th. Susquehanna restated a "neutral" rating and set a $125.00 price objective on shares of Dell Technologies in a research note on Wednesday, August 13th. Citigroup upped their price objective on shares of Dell Technologies from $135.00 to $160.00 and gave the company a "buy" rating in a report on Monday, August 11th. Finally, Barclays upped their price objective on shares of Dell Technologies from $123.00 to $131.00 and gave the company an "equal weight" rating in a report on Friday, August 29th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $146.31.

About Dell Technologies

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).