Brookstone Capital Management Reduces Stock Position in Dell Technologies Inc. $DELL

Brookstone Capital Management lessened its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 13.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,127 shares of the technology company’s stock after selling 7,011 shares during the quarter. Brookstone Capital Management’s holdings in Dell Technologies were worth $6,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Dell Technologies in the second quarter valued at about $528,279,000. AQR Capital Management LLC raised its stake in Dell Technologies by 628.5% during 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 in the last quarter. Alkeon Capital Management LLC grew its position in 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 in the last quarter. Ameriprise Financial Inc. raised its holdings 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 buying an additional 867,071 shares during the period. Finally, Boston Partners lifted its position in Dell Technologies by 15.0% in the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after buying an additional 771,966 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dell Technologies

In related news, Director Ellen Jamison Kullman sold 79,806 shares of the stock in a transaction that occurred 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 completion of the transaction, the director directly owned 65,662 shares in the company, valued at approximately $10,083,056.72. This represents a 54.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the sale, the director directly owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,287,379 shares of company stock valued at $345,319,592 in the last three months. Company insiders own 42.00% of the company’s stock.

Dell Technologies Trading Up 0.7%

Shares of DELL opened at $129.22 on Friday. The firm has a market cap of $85.64 billion, a P/E ratio of 17.23, a PEG ratio of 0.86 and a beta of 1.03. The stock’s 50 day moving average is $138.64 and its two-hundred day moving average is $133.37. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $168.08.

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. The business had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. 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. Equities research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on DELL shares. Citic Securities lifted their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a report on Friday, November 28th. The Goldman Sachs Group lifted 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. Citigroup reaffirmed a “buy” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Wells Fargo & Company increased their target price on shares of Dell Technologies from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Finally, Morgan Stanley boosted their price target on Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $162.84.

About Dell Technologies

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.