UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $231.87 Million Holdings in Dell Technologies Inc. $DELL

Key Points

• UBS Asset Management increased its holdings in Dell Technologies by 14.3%, owning 2,543,785 shares valued at approximately $231.87 million.
• Despite some insider selling, 76.37% of Dell Technologies' stock is held by institutional investors and hedge funds, indicating strong institutional interest.
• Analyst ratings for Dell show a consensus of 14 Buy ratings and 6 Hold ratings, with a target price of $146.31, reflecting positive market sentiment.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 14.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,543,785 shares of the technology company's stock after purchasing an additional 318,573 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.36% of Dell Technologies worth $231,866,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC lifted its position in Dell Technologies by 25.9% during the 1st quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after purchasing an additional 506 shares during the period. Wealthcare Advisory Partners LLC lifted its position in Dell Technologies by 44.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after purchasing an additional 809 shares during the period. Mather Group LLC. lifted its position in Dell Technologies by 113.3% during the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock valued at $95,000 after purchasing an additional 554 shares during the period. Golden State Wealth Management LLC lifted its position in Dell Technologies by 54.6% during the 1st quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock valued at $402,000 after purchasing an additional 1,558 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Dell Technologies by 9.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company's stock valued at $5,417,000 after acquiring an additional 4,977 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Cowen reiterated a "hold" rating on shares of Dell Technologies in a research report on Friday, August 29th. TD Cowen increased their price target on shares of Dell Technologies from $125.00 to $130.00 and gave the company a "hold" rating in a research report on Friday, August 29th. Wall Street Zen downgraded shares of Dell Technologies from a "buy" rating to a "hold" rating in a research report 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. Finally, KeyCorp started coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They issued a "sector weight" rating on the stock. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $146.31.

Insider Activity at Dell Technologies

In other 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 transaction of $1,222,700,000.00. Following the completion of the transaction, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at $3,168,289,707.07. This trade represents a 27.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William F. Scannell sold 91,230 shares of the firm's stock in a transaction that occurred on 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 transaction, the insider directly owned 56,429 shares of the company's stock, valued at $6,682,322.18. This represents a 61.78% 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 corporate insiders.

Dell Technologies Stock Performance

NYSE DELL opened at $125.33 on Friday. The business has a 50 day simple moving average of $129.36 and a 200 day simple moving average of $110.91. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66. The stock has a market cap of $85.08 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 0.85 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.29 by $0.03. The business had revenue of $29.78 billion during the quarter, compared to analysts' expectations of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.Dell Technologies's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be paid 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 of this dividend is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is currently 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).

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