National Pension Service grew its position in Dell Technologies Inc. (NYSE:DELL – Free Report) by 7.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 786,221 shares of the technology company’s stock after buying an additional 56,110 shares during the quarter. National Pension Service owned 0.12% of Dell Technologies worth $111,463,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Dell Technologies in the 2nd quarter valued at $328,000. Capital Investment Advisors LLC bought a new stake in shares of Dell Technologies during the 2nd quarter worth $203,000. ASR Vermogensbeheer N.V. boosted its stake in Dell Technologies by 16.8% in the second quarter. ASR Vermogensbeheer N.V. now owns 40,953 shares of the technology company’s stock valued at $5,020,000 after buying an additional 5,902 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its position in Dell Technologies by 11.7% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 3,478 shares of the technology company’s stock valued at $426,000 after acquiring an additional 364 shares during the last quarter. 76.37% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Dell Technologies news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the transaction, the director directly owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. The trade was a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 42.00% of the company’s stock.
Dell Technologies Price Performance
Dell Technologies (NYSE:DELL – Get Free Report) 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. The business had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the business earned $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 fiscal year.
Dell Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th were paid a $0.525 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.8%. Dell Technologies’s dividend payout ratio is 28.00%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on DELL shares. Sanford C. Bernstein raised their price target on shares of Dell Technologies from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Citic Securities boosted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, November 28th. Barclays upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 target price for the company in a research report on Thursday, January 15th. Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Finally, Wells Fargo & Company raised their target price on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. Eighteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $161.26.
Check Out Our Latest Report on DELL
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.
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