Cunning Capital Partners LP Invests $2.30 Million in Dell Technologies Inc. $DELL

Cunning Capital Partners LP bought a new stake in Dell Technologies Inc. (NYSE:DELL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,750 shares of the technology company’s stock, valued at approximately $2,299,000.

A number of other institutional investors also recently added to or reduced their stakes in DELL. Norges Bank acquired a new stake in shares of Dell Technologies in the 2nd quarter worth approximately $528,279,000. AQR Capital Management LLC increased its stake in Dell Technologies by 628.5% in the second quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after purchasing an additional 1,185,454 shares during the last quarter. Alkeon Capital Management LLC boosted its position in shares of Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after acquiring an additional 931,032 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Dell Technologies by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after buying an additional 867,071 shares during the last quarter. Finally, Boston Partners raised its stake in shares of Dell Technologies by 15.0% in the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after acquiring an additional 771,966 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analysts Set New Price Targets

DELL has been the subject of a number of analyst reports. Piper Sandler reissued an “overweight” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Daiwa Capital Markets lifted their price objective on shares of Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Mizuho lifted their price objective on shares of Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. The Goldman Sachs Group boosted their price target on shares of Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Finally, Sanford C. Bernstein boosted their target price on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Sixteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Stock Performance

Shares of DELL 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 P/E ratio of 17.31, a P/E/G ratio of 0.87 and a beta of 1.03. The company has a 50-day simple moving average of $143.49 and a 200-day simple moving average of $132.41.

Dell Technologies (NYSE:DELL) last posted its quarterly 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. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter in the previous year, the company earned $2.15 earnings per share. The business’s revenue 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. As a group, equities analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be paid a dividend of $0.525 per share. The ex-dividend date is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Insider Activity at Dell Technologies

In related news, Director Lake Group L.L.C. Silver sold 6,617 shares of the business’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $151.63, for a total value of $1,003,335.71. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ellen Jamison Kullman sold 79,806 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $153.56, for a total value of $12,255,009.36. Following the transaction, the director owned 65,662 shares of the company’s stock, valued at $10,083,056.72. This represents a 54.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 4,608,755 shares of company stock valued at $652,451,493. Corporate 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).