TD Private Client Wealth LLC Purchases Shares of 10,604 Dell Technologies Inc. $DELL

Key Points

• TD Private Client Wealth LLC acquired 10,604 shares of Dell Technologies, valued at approximately $1.3 million, during the second quarter.
• Wall Street analysts have boosted their price targets for Dell Technologies, with estimates ranging from $145 to $167, reflecting a positive outlook on the company's growth potential.
• Dell Technologies plans to pay a quarterly dividend of $0.525 on October 31st, with an annualized yield of 1.6%.

TD Private Client Wealth LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,604 shares of the technology company's stock, valued at approximately $1,300,000.

Other institutional investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC lifted its stake in Dell Technologies by 25.9% in the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after buying an additional 506 shares in the last quarter. First Hawaiian Bank lifted its stake in Dell Technologies by 67.1% in the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company's stock valued at $3,179,000 after buying an additional 14,010 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its stake in Dell Technologies by 44.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after buying an additional 809 shares in the last quarter. Mather Group LLC. lifted its position in shares of Dell Technologies by 113.3% in the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after purchasing an additional 554 shares in the last quarter. Finally, Westbourne Investments Inc. lifted its position in shares of Dell Technologies by 167.5% in the first quarter. Westbourne Investments Inc. now owns 21,808 shares of the technology company's stock worth $1,988,000 after purchasing an additional 13,657 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Wall Street Analysts Forecast Growth

DELL has been the topic of a number of research reports. Wells Fargo & Company boosted their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. UBS Group boosted their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Citigroup boosted their price objective on shares of Dell Technologies from $135.00 to $160.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Bank of America boosted their price objective on shares of Dell Technologies from $165.00 to $167.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Finally, Susquehanna reissued a "neutral" rating and issued a $125.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 13th. Sixteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $147.67.

Insider Activity

In other news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William D. Green sold 50,000 shares of the stock in a transaction dated 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 completion of the transaction, the director directly 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. Insiders have sold 3,191,981 shares of company stock valued at $418,740,215 over the last ninety days. 42.00% of the stock is currently owned by company insiders.

Dell Technologies Price Performance

Shares of DELL stock opened at $130.91 on Friday. The stock has a market cap of $88.02 billion, a P/E ratio of 19.25, a P/E/G ratio of 0.90 and a beta of 1.01. The company has a fifty day moving average price of $130.39 and a two-hundred day moving average price of $113.04. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. The firm had revenue of $29.78 billion during 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 for the quarter was up 19.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.89 earnings per share. 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, equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business 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 $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. Dell Technologies's dividend payout ratio is presently 30.88%.

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).

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