V (Gp) L.L.C. Slta Sells 565,000 Shares of Dell Technologies (NYSE:DELL) Stock

Key Points

• V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock at an average price of $132.32, totaling $74.76 million.
• Dell Technologies reported quarterly earnings of $2.32 EPS, exceeding analysts' estimates, and announced a $0.525 per share dividend with an annualized yield of 1.6%.
• Institutional investors hold 76.37% of Dell Technologies stock, indicating strong institutional interest in the company.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 565,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

V (Gp) L.L.C. Slta also recently made the following trade(s):

• On Thursday, July 17th, V (Gp) L.L.C. Slta sold 6,086 shares of Dell Technologies stock. The shares were sold at an average price of $123.50, for a total value of $751,621.00.
• On Tuesday, July 15th, V (Gp) L.L.C. Slta sold 173,100 shares of Dell Technologies stock. The stock was sold at an average price of $126.01, for a total value of $21,812,331.00.
• On Wednesday, July 16th, V (Gp) L.L.C. Slta sold 3,900 shares of Dell Technologies stock. The stock was sold at an average price of $125.29, for a total value of $488,631.00.

Dell Technologies Stock Up 0.1%

NYSE DELL traded up $0.09 during trading hours on Friday, hitting $132.20. The company had a trading volume of 9,044,942 shares, compared to its average volume of 6,862,990. The firm has a market cap of $88.89 billion, a P/E ratio of 19.44, a price-to-earnings-growth ratio of 0.91 and a beta of 1.01. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The business has a fifty day simple moving average of $129.71 and a 200-day simple moving average of $111.93.

Dell Technologies (NYSE:DELL - Get Free Report) last issued 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. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same period last year, the company earned $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. Equities analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies's dividend payout ratio (DPR) is presently 30.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Dell Technologies from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Barclays raised their price objective on Dell Technologies from $131.00 to $133.00 and gave the company an "equal weight" rating in a research note on Wednesday. Wells Fargo & Company raised their price objective on Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, August 29th. Fox Advisors downgraded Dell Technologies from an "overweight" rating to an "equal weight" rating in a research note on Friday, August 29th. Finally, Evercore ISI raised their price objective on Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a research note on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $147.67.

Institutional Trading of Dell Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies in the first quarter worth $25,000. Winnow Wealth LLC acquired a new position in Dell Technologies in the second quarter worth $25,000. N.E.W. Advisory Services LLC acquired a new position in Dell Technologies in the first quarter worth $26,000. Cheviot Value Management LLC acquired a new position in Dell Technologies in the first quarter worth $27,000. Finally, Flaharty Asset Management LLC acquired a new position in Dell Technologies in the first quarter worth $27,000. 76.37% of the stock is currently owned by institutional investors.

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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