Federated Hermes Inc. Decreases Stock Position in Dell Technologies Inc. $DELL

Federated Hermes Inc. decreased its position in Dell Technologies Inc. (NYSE:DELL) by 24.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,001,680 shares of the technology company’s stock after selling 317,499 shares during the quarter. Federated Hermes Inc. owned 0.15% of Dell Technologies worth $122,806,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in DELL. Boston Partners grew its holdings in Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after purchasing an additional 771,966 shares in the last quarter. Norges Bank acquired a new position in Dell Technologies in the 2nd quarter worth $528,279,000. Alkeon Capital Management LLC boosted its position in Dell Technologies by 41.4% in 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 buying an additional 931,032 shares during the last quarter. Invesco Ltd. increased its position in shares of Dell Technologies by 20.5% during the first quarter. Invesco Ltd. now owns 2,952,829 shares of the technology company’s stock worth $269,150,000 after acquiring an additional 502,764 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Dell Technologies by 14.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,543,785 shares of the technology company’s stock worth $231,866,000 after acquiring an additional 318,573 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total transaction of $74,760,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the stock in a transaction dated Monday, September 22nd. The stock was 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. Insiders have sold a total of 4,537,755 shares of company stock valued at $642,644,973 in the last 90 days. Insiders own 42.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. UBS Group dropped their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Citigroup reiterated a “buy” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. TD Cowen raised their price objective on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, October 8th. Finally, Barclays cut their target price on shares of Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 26th. Sixteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $138.81 on Monday. The company’s fifty day moving average is $143.99 and its two-hundred day moving average is $131.67. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The stock has a market capitalization of $93.33 billion, a price-to-earnings ratio of 18.51, a price-to-earnings-growth ratio of 0.93 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter in the prior year, the firm earned $2.15 EPS. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. Sell-side analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.5%. Dell Technologies’s dividend payout ratio (DPR) is 28.00%.

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).