Jacobi Capital Management LLC Raises Stock Position in Dell Technologies Inc. $DELL

Jacobi Capital Management LLC boosted its holdings in Dell Technologies Inc. (NYSE:DELL) by 40.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,156 shares of the technology company’s stock after buying an additional 1,198 shares during the period. Jacobi Capital Management LLC’s holdings in Dell Technologies were worth $379,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Smallwood Wealth Investment Management LLC purchased a new stake in Dell Technologies in the 1st quarter worth $25,000. N.E.W. Advisory Services LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at about $26,000. Cheviot Value Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at about $27,000. Flaharty Asset Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock valued at $28,000 after purchasing an additional 222 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Performance

DELL opened at $124.98 on Friday. The stock has a market capitalization of $84.84 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 0.86 and a beta of 1.01. The company has a fifty day moving average of $129.36 and a two-hundred day moving average of $110.98. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, August 28th. The technology company reported $2.32 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 net margin of 4.73% and a negative return on equity of 236.21%. The company’s quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. On average, equities research analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently declared 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. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. Dell Technologies’s payout ratio is presently 30.88%.

Wall Street Analyst Weigh In

DELL has been the subject of a number of analyst reports. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a report on Friday, August 29th. Wells Fargo & Company raised their target price 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. Citigroup lifted 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. Mizuho lifted their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Monday, May 19th. Finally, Wall Street Zen upgraded shares of Dell Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $146.31.

Insider Buying and Selling

In other Dell Technologies news, Director William D. Green sold 50,000 shares of the business’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $140.00, for a total value of $7,000,000.00. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the business’s stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.20, for a total transaction of $78,875,000.00. Following the completion of the transaction, the director owned 960,050 shares in the company, valued at $121,158,310. The trade was a 39.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,618,897 shares of company stock worth $1,428,008,024 over the last ninety days. 42.00% of the stock is currently owned by insiders.

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).