Dell Technologies Inc. $DELL Stock Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in Dell Technologies Inc. (NYSE:DELL) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 815,248 shares of the technology company’s stock after selling 14,529 shares during the quarter. Envestnet Asset Management Inc. owned about 0.12% of Dell Technologies worth $115,578,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DELL. Phoenix Financial Ltd. raised its stake in Dell Technologies by 95.3% during the 3rd quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock valued at $4,923,000 after purchasing an additional 16,488 shares during the period. Stonegate Investment Group LLC grew its holdings in shares of Dell Technologies by 24,493.8% during the third quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock valued at $58,402,000 after buying an additional 410,271 shares in the last quarter. Commerzbank Aktiengesellschaft FI lifted its stake in Dell Technologies by 637.3% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock worth $2,741,000 after acquiring an additional 16,711 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Dell Technologies by 4.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock worth $40,990,000 after acquiring an additional 12,695 shares during the period. Finally, Carnegie Investment Counsel grew its stake in Dell Technologies by 904.0% during the 3rd quarter. Carnegie Investment Counsel now owns 18,484 shares of the technology company’s stock valued at $2,620,000 after acquiring an additional 16,643 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related 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 value of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares in the company, valued at $161,935,755.36. This trade represents a 5.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $120.94 on Friday. The stock has a market capitalization of $80.15 billion, a P/E ratio of 16.13, a P/E/G ratio of 0.67 and a beta of 1.03. The business has a 50-day moving average of $124.83 and a two-hundred day moving average of $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 issued its quarterly earnings data 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 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 analyst estimates of $27.26 billion. During the same quarter in the prior year, the firm posted $2.15 EPS. The firm’s revenue for the quarter 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. As a group, research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, January 20th. Dell Technologies’s dividend payout ratio is currently 28.00%.

Wall Street Analysts Forecast Growth

DELL has been the subject of several research reports. The Goldman Sachs Group started coverage on shares of Dell Technologies in a report on Tuesday, January 13th. They set a “buy” rating and a $165.00 price target for the company. Mizuho lifted their target price 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. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Citic Securities lifted their price objective on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a research report on Wednesday, January 21st. Eighteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.26.

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.