Brick & Kyle Associates Raises Holdings in Dell Technologies Inc. $DELL

Brick & Kyle Associates lifted its holdings in Dell Technologies Inc. (NYSE:DELL) by 107.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,488 shares of the technology company’s stock after buying an additional 23,003 shares during the quarter. Dell Technologies accounts for 2.4% of Brick & Kyle Associates’ portfolio, making the stock its 15th biggest holding. Brick & Kyle Associates’ holdings in Dell Technologies were worth $5,404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. William Allan Corp boosted its position in Dell Technologies by 47.6% in the second quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock worth $3,175,000 after purchasing an additional 8,355 shares during the last quarter. Modera Wealth Management LLC bought a new stake in shares of Dell Technologies during the 2nd quarter worth $241,000. WASHINGTON TRUST Co boosted its holdings in shares of Dell Technologies by 11,037.8% in the 2nd quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock worth $10,801,000 after buying an additional 87,309 shares during the last quarter. Symphony Financial Services Inc. purchased a new stake in Dell Technologies during the second quarter worth about $275,000. Finally, First Hawaiian Bank raised its position in Dell Technologies by 67.1% in the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company’s stock worth $3,179,000 after acquiring an additional 14,010 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Daiwa Capital Markets raised their price target on shares of Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Morgan Stanley upped their price target on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research report on Wednesday, November 26th. Citigroup reissued a “buy” rating on shares of Dell Technologies in a report on Wednesday, November 26th. The Goldman Sachs Group upped their price objective on shares of Dell Technologies from $175.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Sixteen investment 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $162.84.

Dell Technologies Price Performance

DELL opened at $129.82 on Friday. The firm has a market capitalization of $87.28 billion, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $168.08. The company has a fifty day moving average price of $143.49 and a 200-day moving average price of $132.41.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.15 EPS. 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. On average, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be given a dividend of $0.525 per share. The ex-dividend date is Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. Dell Technologies’s dividend payout ratio is 28.00%.

Insiders Place Their Bets

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of the company’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total transaction of $80,739,838.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William D. Green sold 42,736 shares of the firm’s stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $160.00, for a total transaction of $6,837,760.00. Following the completion of the sale, the director directly owned 47,619 shares of the company’s stock, valued at approximately $7,619,040. This represents a 47.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,608,755 shares of company stock valued at $652,451,493 over the last 90 days. Company insiders own 42.00% of the company’s stock.

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).