Boston Partners Raises Stock Holdings in Dell Technologies Inc. $DELL

Boston Partners boosted its stake in Dell Technologies Inc. (NYSE:DELL) by 15.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,904,843 shares of the technology company’s stock after purchasing an additional 771,966 shares during the period. Dell Technologies comprises approximately 0.8% of Boston Partners’ portfolio, making the stock its 24th largest position. Boston Partners owned 0.87% of Dell Technologies worth $725,586,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DELL. Brighton Jones LLC increased its stake in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the period. Avantax Advisory Services Inc. grew its stake in Dell Technologies by 94.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 24,610 shares of the technology company’s stock worth $2,243,000 after buying an additional 11,982 shares during the last quarter. Assetmark Inc. boosted its stake in Dell Technologies by 63.7% during the 1st quarter. Assetmark Inc. now owns 406 shares of the technology company’s stock worth $37,000 after purchasing an additional 158 shares during the period. TD Asset Management Inc increased its position in Dell Technologies by 10.3% in the 1st quarter. TD Asset Management Inc now owns 296,516 shares of the technology company’s stock valued at $27,027,000 after acquiring an additional 27,750 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Dell Technologies by 14.6% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 220,373 shares of the technology company’s stock valued at $20,087,000 after buying an additional 28,125 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Cowen restated a “hold” rating on shares of Dell Technologies in a research note on Friday, August 29th. Susquehanna boosted their price target on Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Morgan Stanley reaffirmed an “underweight” rating and set a $110.00 price target (down from $144.00) on shares of Dell Technologies in a research note on Monday, November 17th. Bank of America lowered their price target on Dell Technologies from $170.00 to $160.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, October 8th. Seventeen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.85.

Dell Technologies Stock Down 0.9%

DELL stock opened at $126.07 on Wednesday. The company 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. The stock’s 50 day moving average is $143.57 and its two-hundred day moving average is $130.32.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same quarter in the prior year, the business posted $2.15 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. Q4 2026 guidance at 3.500-3.500 EPS. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

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

Insiders Place Their Bets

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of Dell Technologies stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $132.32, for a total transaction of $74,760,800.00. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 4,537,755 shares of company stock valued at $642,644,973. 42.00% of the stock is owned by company insiders.

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).