Advisors Asset Management Inc. Grows Stock Holdings in Dell Technologies Inc. $DELL

Advisors Asset Management Inc. boosted its holdings in Dell Technologies Inc. (NYSE:DELL) by 10.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 78,442 shares of the technology company’s stock after buying an additional 7,688 shares during the period. Advisors Asset Management Inc.’s holdings in Dell Technologies were worth $11,121,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. State Street Corp raised its stake in Dell Technologies by 2.1% during the 2nd quarter. State Street Corp now owns 14,099,317 shares of the technology company’s stock valued at $1,728,576,000 after purchasing an additional 292,167 shares during the period. Boston Partners grew its holdings in Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after buying an additional 771,966 shares in the last quarter. Norges Bank bought a new stake in shares of Dell Technologies during the second quarter valued at approximately $528,279,000. Ameriprise Financial Inc. lifted its holdings in shares of Dell Technologies by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after buying an additional 867,071 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its position in shares of Dell Technologies by 0.7% during the second quarter. DekaBank Deutsche Girozentrale now owns 2,239,931 shares of the technology company’s stock worth $276,040,000 after acquiring an additional 14,956 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

NYSE:DELL opened at $125.89 on Wednesday. The firm has a market capitalization of $83.43 billion, a PE ratio of 16.79, a PEG ratio of 0.70 and a beta of 1.03. The stock’s fifty day moving average is $124.41 and its 200 day moving average is $133.01. 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 posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders 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 yield of 1.7%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Insider Activity

In other news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction 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. This represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 42.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Mizuho lifted their price target on shares of Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Morgan Stanley raised their price objective on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research report on Wednesday, November 26th. UBS Group decreased their target price on Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Citigroup cut their price target on Dell Technologies from $175.00 to $165.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. Finally, Bank of America upped their price objective on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.