Vident Advisory LLC Has $2.02 Million Holdings in Dell Technologies Inc. $DELL

Key Points

• Vident Advisory LLC significantly increased its stake in Dell Technologies by purchasing an additional 8,169 shares, raising its total holdings to 22,159 shares valued at approximately $2 million.
• Several institutional investors have shown increased confidence in Dell Technologies, with notable increases in share ownership, including Ameriprise Financial, which raised its stake by over 224%.
• Despite mixed ratings from analysts, Dell Technologies recently reported a quarter with 19% revenue growth, surpassing expectations with $29.78 billion in revenue and earnings per share of $2.32.

Vident Advisory LLC boosted its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 58.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,159 shares of the technology company's stock after purchasing an additional 8,169 shares during the quarter. Vident Advisory LLC's holdings in Dell Technologies were worth $2,020,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DELL. Brighton Jones LLC grew its holdings in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock valued at $347,000 after purchasing an additional 901 shares during the period. AXA S.A. boosted its holdings in shares of Dell Technologies by 161.8% in the fourth quarter. AXA S.A. now owns 26,644 shares of the technology company's stock valued at $3,070,000 after buying an additional 16,467 shares during the period. Aptus Capital Advisors LLC boosted its holdings in shares of Dell Technologies by 43.3% in the fourth quarter. Aptus Capital Advisors LLC now owns 5,348 shares of the technology company's stock valued at $616,000 after buying an additional 1,616 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Dell Technologies by 224.4% in the fourth quarter. Ameriprise Financial Inc. now owns 1,564,196 shares of the technology company's stock valued at $180,257,000 after buying an additional 1,082,087 shares during the period. Finally, Beverly Hills Private Wealth LLC boosted its holdings in shares of Dell Technologies by 47.7% in the fourth quarter. Beverly Hills Private Wealth LLC now owns 5,112 shares of the technology company's stock valued at $589,000 after buying an additional 1,652 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Price Performance

NYSE DELL traded down $1.72 on Friday, hitting $124.95. 6,407,651 shares of the stock were exchanged, compared to its average volume of 5,904,127. The business's fifty day moving average is $129.34 and its 200 day moving average is $110.77. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The company has a market capitalization of $84.82 billion, a PE ratio of 18.37, a P/E/G ratio of 0.87 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same period in the prior year, the firm posted $1.89 earnings per share. The company's quarterly revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Analysts predict 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 1.7%. Dell Technologies's dividend payout ratio is presently 30.88%.

Insider Buying and Selling

In other news, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following 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 represents a 27.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of the stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $112.83, for a total transaction of $59,482,509.21. Following the completion of the transaction, the director directly owned 938,741 shares in the company, valued at $105,918,147.03. The trade was a 35.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,918,898 shares of company stock valued at $1,576,038,056. 42.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DELL shares. Bank of America upped their price target on shares of Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a report on Friday, August 29th. Evercore ISI upped their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a report on Friday, August 15th. Wall Street Zen lowered shares of Dell Technologies from a "buy" rating to a "hold" rating in a research report on Monday, July 14th. 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. 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 issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $146.31.

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).