Advisors Asset Management Inc. Increases Position in Dell Technologies Inc. $DELL

Advisors Asset Management Inc. grew its holdings in Dell Technologies Inc. (NYSE:DELL) by 14.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,754 shares of the technology company’s stock after purchasing an additional 8,714 shares during the quarter. Advisors Asset Management Inc.’s holdings in Dell Technologies were worth $8,674,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Boston Partners boosted its stake 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 buying an additional 1,312,600 shares during the last quarter. Vanguard Group Inc. boosted its position 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 acquiring an additional 1,145,658 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Dell Technologies by 38.1% in the first 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 period. Alkeon Capital Management LLC increased its position in Dell Technologies by 41.4% during the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after purchasing an additional 931,032 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Dell Technologies by 49.4% during the first quarter. Ameriprise Financial Inc. now owns 2,336,661 shares of the technology company’s stock worth $212,967,000 after purchasing an additional 772,465 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total value of $74,760,800.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 4,537,755 shares of company stock valued at $642,644,973. Corporate insiders own 42.00% of the company’s stock.

Dell Technologies Stock Down 0.9%

Shares of DELL stock opened at $126.07 on Wednesday. The firm has a 50 day moving average of $143.57 and a two-hundred day moving average of $130.32. The stock has a market capitalization of $84.76 billion, a PE ratio of 18.54, a P/E/G ratio of 0.96 and a beta of 1.02. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $168.08.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the firm earned $2.15 earnings per share. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. Q4 2026 guidance at 3.500-3.500 EPS. Analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 30.88%.

Analyst Ratings Changes

Several research firms have recently weighed in on DELL. Citigroup increased their price target on shares of Dell Technologies from $160.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Raymond James Financial upped their price objective on Dell Technologies from $152.00 to $161.00 and gave the company an “outperform” rating in a report on Tuesday, October 21st. Piper Sandler began coverage on Dell Technologies in a research note on Tuesday, October 21st. They set an “overweight” rating and a $172.00 target price for the company. The Goldman Sachs Group lifted their target price on Dell Technologies from $155.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, Mizuho increased their price target on Dell Technologies from $160.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Seventeen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $160.85.

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).