5,604 Shares in Dell Technologies Inc. $DELL Acquired by Perpetual Ltd

Perpetual Ltd purchased a new position in Dell Technologies Inc. (NYSE:DELL) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,604 shares of the technology company’s stock, valued at approximately $794,000.

A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Dell Technologies during the 2nd quarter worth $528,279,000. AQR Capital Management LLC lifted its holdings in Dell Technologies by 628.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after buying 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% 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 acquiring an additional 931,032 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Dell Technologies by 37.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after acquiring an additional 867,071 shares during the last quarter. Finally, Boston Partners raised its position in shares of Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after acquiring an additional 771,966 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

Shares of Dell Technologies stock opened at $126.37 on Monday. The company has a market capitalization of $84.97 billion, a P/E ratio of 16.85, a PEG ratio of 0.85 and a beta of 1.03. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $168.08. The company’s fifty day moving average is $140.96 and its two-hundred day moving average is $133.13.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 25th. The technology company reported $2.59 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 analysts’ expectations of $27.26 billion. During the same period in the prior 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 expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is 28.00%.

Analyst Ratings Changes

DELL has been the topic of several recent analyst reports. Evercore ISI set a $180.00 price target on shares of Dell Technologies and gave the company an “outperform” rating in a research note on Monday, November 3rd. Daiwa Capital Markets upped their target price on shares of Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Piper Sandler reiterated an “overweight” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Mizuho upped 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. Finally, Bank of America lifted their target price on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $162.84.

Insiders Place Their Bets

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the transaction, the director directly owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. The trade was a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director William D. Green sold 65,000 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the completion of the sale, the director owned 47,619 shares of the company’s stock, valued at $7,166,659.50. This trade represents a 57.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,299,860 shares of company stock valued at $346,949,861. 42.00% of the stock is owned by company insiders.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.