Wealth Enhancement Advisory Services LLC Acquires 32,865 Shares of Dell Technologies Inc. $DELL

Wealth Enhancement Advisory Services LLC raised its position in Dell Technologies Inc. (NYSE:DELL) by 55.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 92,294 shares of the technology company’s stock after acquiring an additional 32,865 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Dell Technologies were worth $11,557,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Boston Partners increased its position in Dell Technologies by 34.4% during the first quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock worth $466,418,000 after acquiring an additional 1,312,600 shares during the period. Vanguard Group Inc. grew its holdings in shares of Dell Technologies by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company’s stock valued at $2,653,032,000 after purchasing an additional 1,145,658 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Dell Technologies by 38.1% during the 1st quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company’s stock valued at $377,508,000 after purchasing an additional 1,142,012 shares during the last quarter. Alkeon Capital Management LLC grew its holdings in shares of Dell Technologies by 41.4% during the 1st quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock valued at $289,657,000 after purchasing an additional 931,032 shares during the last quarter. Finally, Auto Owners Insurance Co boosted its position in Dell Technologies by 18,732.9% during the 1st quarter. Auto Owners Insurance Co now owns 781,000 shares of the technology company’s stock worth $71,188,000 after buying an additional 776,853 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William D. Green sold 50,000 shares of the firm’s stock in a transaction on 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 owned 45,045 shares in the company, valued at approximately $6,306,300. This represents a 52.61% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,679,811 shares of company stock valued at $1,566,623,756. 42.00% of the stock is owned by company insiders.

Dell Technologies Stock Up 2.7%

Shares of NYSE:DELL opened at $135.47 on Tuesday. The firm’s 50 day moving average price is $129.91 and its 200-day moving average price is $112.47. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $147.66. The stock has a market capitalization of $91.09 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01.

Dell Technologies (NYSE:DELL) last released its 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. The company had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. Dell Technologies’s dividend payout ratio (DPR) is 30.88%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on DELL shares. Citigroup boosted their price target 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. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a report on Friday, August 29th. Sanford C. Bernstein started coverage on shares of Dell Technologies in a report on Monday, September 15th. They set an “outperform” rating and a $175.00 price objective on the stock. Susquehanna reiterated a “neutral” rating and issued a $125.00 target price on shares of Dell Technologies in a research note on Wednesday, August 13th. Finally, Raymond James Financial boosted their price target on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.67.

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).