Dell Technologies Inc. $DELL Shares Purchased by Carnegie Investment Counsel

Carnegie Investment Counsel raised its stake in Dell Technologies Inc. (NYSE:DELL) by 904.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,484 shares of the technology company’s stock after purchasing an additional 16,643 shares during the quarter. Carnegie Investment Counsel’s holdings in Dell Technologies were worth $2,620,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Winnow Wealth LLC purchased a new position in shares of Dell Technologies in the 2nd quarter worth $25,000. Flaharty Asset Management LLC purchased a new position in shares of Dell Technologies in the 1st quarter worth about $27,000. Westside Investment Management Inc. lifted its stake in shares of Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Dell Technologies during the 2nd quarter worth about $28,000. Finally, Central Pacific Bank Trust Division acquired a new stake in Dell Technologies during the 2nd quarter worth approximately $29,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 0.7%

Shares of NYSE DELL opened at $129.22 on Friday. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The business has a 50 day moving average price of $138.64 and a two-hundred day moving average price of $133.51. The firm has a market cap of $85.64 billion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 0.86 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. The company 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% on a year-over-year basis. During the same period in the prior year, the business posted $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 anticipate 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. Stockholders of record on Tuesday, January 20th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is 28.00%.

Insider Buying and Selling at Dell Technologies

In related news, Director William D. Green sold 65,000 shares of Dell Technologies stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $150.50, for a total value of $9,782,500.00. Following the completion of the transaction, the director directly owned 47,619 shares in the company, valued at approximately $7,166,659.50. This trade represents a 57.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 shares were sold at an average price of $161.48, for a total value of $80,739,838.52. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 2,287,379 shares of company stock valued at $345,319,592. Corporate insiders own 42.00% of the company’s stock.

Wall Street Analyst Weigh In

DELL has been the subject of several research reports. Citigroup reiterated a “buy” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Citic Securities lifted their target price 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. Wells Fargo & Company upped their price target on shares of Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. Sanford C. Bernstein raised their price objective on Dell Technologies from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Finally, Raymond James Financial boosted their price objective on Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $162.84.

Dell Technologies 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.