Allianz Asset Management GmbH Decreases Stock Position in Dell Technologies Inc. $DELL

Allianz Asset Management GmbH trimmed its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 7.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 140,375 shares of the technology company’s stock after selling 10,540 shares during the period. Allianz Asset Management GmbH’s holdings in Dell Technologies were worth $19,901,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Winnow Wealth LLC purchased a new stake in shares of Dell Technologies during the second quarter valued at $25,000. Westside Investment Management Inc. lifted its stake in Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Dell Technologies during the 2nd quarter valued at about $28,000. NewSquare Capital LLC grew its stake in shares of Dell Technologies by 96.9% in the second quarter. NewSquare Capital LLC now owns 254 shares of the technology company’s stock worth $31,000 after acquiring an additional 125 shares during the period. Finally, Johnson Financial Group Inc. raised its holdings in shares of Dell Technologies by 66.2% during the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Activity

In other 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 42.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on DELL. The Goldman Sachs Group began coverage on shares of Dell Technologies in a research report on Tuesday, January 13th. They issued a “buy” rating and a $165.00 target price for the company. Zacks Research downgraded Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Barclays raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 target price on the stock in a research report on Thursday, January 15th. Raymond James Financial increased their price objective on shares of Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Finally, UBS Group reduced their target price on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Eighteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $161.26.

Dell Technologies Stock Performance

DELL opened at $120.94 on Friday. The stock has a market cap of $80.15 billion, a price-to-earnings ratio of 16.13, a price-to-earnings-growth ratio of 0.67 and a beta of 1.03. The firm’s fifty day moving average is $124.83 and its 200 day moving average is $133.00. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same period in the previous year, the business earned $2.15 earnings per share. The business’s 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, equities research analysts predict 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 was paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is 28.00%.

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.