Alkeon Capital Management LLC Has $314.15 Million Position in Dell Technologies Inc. $DELL

Alkeon Capital Management LLC trimmed its stake in Dell Technologies Inc. (NYSE:DELL) by 19.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,562,409 shares of the technology company’s stock after selling 615,400 shares during the quarter. Alkeon Capital Management LLC owned about 0.38% of Dell Technologies worth $314,151,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DELL. Brighton Jones LLC increased its position in Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after buying an additional 901 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in Dell Technologies by 9.0% during the 1st quarter. Public Sector Pension Investment Board now owns 47,141 shares of the technology company’s stock valued at $4,297,000 after purchasing an additional 3,880 shares during the last quarter. Resona Asset Management Co. Ltd. increased its holdings in Dell Technologies by 8.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 99,726 shares of the technology company’s stock worth $9,107,000 after purchasing an additional 7,587 shares in the last quarter. National Pension Service raised its stake in shares of Dell Technologies by 13.7% in the first quarter. National Pension Service now owns 726,956 shares of the technology company’s stock worth $66,262,000 after purchasing an additional 87,745 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Dell Technologies by 5.5% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 10,663 shares of the technology company’s stock valued at $972,000 after buying an additional 556 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Performance

DELL stock opened at $129.82 on Friday. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08. The firm has a market capitalization of $87.28 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.93 and a beta of 1.03. The firm has a 50 day moving average price of $143.49 and a 200-day moving average price of $132.28.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate 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 company had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same period in the prior year, the firm posted $2.15 EPS. Dell Technologies’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 and its Q4 2026 guidance at 3.500-3.500 EPS. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, November 17th. UBS Group cut 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. Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a research note on Friday, August 29th. Susquehanna lifted their target price on shares of Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Finally, TD Cowen raised their price target 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. Sixteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $162.84.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction that occurred 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 disclosure for this sale is available in the SEC filing. Insiders sold 4,608,755 shares of company stock valued at $652,451,493 in the last 90 days. Company insiders own 42.00% of the company’s stock.

Dell Technologies Company 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).