Advisory Services Network LLC Has $3.82 Million Position in Dell Technologies Inc. $DELL

Advisory Services Network LLC lessened its stake in Dell Technologies Inc. (NYSE:DELL) by 25.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,777 shares of the technology company’s stock after selling 9,971 shares during the period. Advisory Services Network LLC’s holdings in Dell Technologies were worth $3,818,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of DELL. Norges Bank bought a new stake in shares of Dell Technologies during the second quarter worth $528,279,000. AQR Capital Management LLC increased its position 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 worth $168,462,000 after purchasing an additional 1,185,454 shares during the period. Alkeon Capital Management LLC raised its holdings in Dell Technologies by 41.4% during the 1st quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after purchasing an additional 931,032 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Dell Technologies by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after purchasing an additional 867,071 shares during the period. Finally, Boston Partners boosted 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 purchasing an additional 771,966 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DELL has been the topic of several analyst reports. Morgan Stanley increased their target price on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research note on Wednesday, November 26th. Citic Securities lifted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, November 28th. Citigroup restated a “buy” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Piper Sandler reaffirmed an “overweight” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, October 8th. Sixteen research 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, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $162.84.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $133.75 on Wednesday. The company’s 50 day moving average price is $142.84 and its two-hundred day moving average price is $132.82. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The firm has a market capitalization of $89.93 billion, a P/E ratio of 17.83, a P/E/G ratio of 0.87 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data 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 5.01% and a negative return on equity of 234.84%. The business had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same quarter last year, the business earned $2.15 EPS. The firm’s quarterly revenue 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. On average, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be paid 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 1.6%. Dell Technologies’s dividend payout ratio is 28.00%.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $112,183,364.02. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,008,030 shares of company stock worth $576,159,860 over the last 90 days. 42.00% of the stock is currently owned by corporate insiders.

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).