Aberdeen Group plc Buys 29,616 Shares of Dell Technologies Inc. $DELL

Aberdeen Group plc boosted its stake in Dell Technologies Inc. (NYSE:DELL) by 11.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 283,931 shares of the technology company’s stock after acquiring an additional 29,616 shares during the period. Aberdeen Group plc’s holdings in Dell Technologies were worth $39,377,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DELL. Armstrong Advisory Group Inc. increased its position in shares of Dell Technologies by 3.6% during the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock worth $259,000 after buying an additional 63 shares during the period. Flagship Harbor Advisors LLC grew its holdings in Dell Technologies by 1.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock worth $789,000 after acquiring an additional 71 shares during the period. Westside Investment Management Inc. grew its holdings in Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after acquiring an additional 78 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in shares of Dell Technologies by 2.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock worth $504,000 after acquiring an additional 81 shares in the last quarter. Finally, Meeder Asset Management Inc. lifted its stake in shares of Dell Technologies by 33.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 325 shares of the technology company’s stock valued at $46,000 after purchasing an additional 82 shares during the period. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Performance

Shares of DELL stock opened at $117.46 on Tuesday. The company has a market capitalization of $77.84 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 0.68 and a beta of 1.03. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08. The company has a 50-day simple moving average of $122.82 and a two-hundred day simple moving average of $132.58.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping the consensus estimate of $2.47 by $0.12. The firm 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 company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm 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, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, January 20th. Dell Technologies’s payout ratio is presently 28.00%.

Insider Buying and Selling at Dell Technologies

In related news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction dated 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 directly 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 42.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on DELL. The Goldman Sachs Group began coverage on Dell Technologies in a report on Tuesday, January 13th. They issued a “buy” rating and a $165.00 target price for the company. Wall Street Zen lowered shares of Dell Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. increased their target price 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. Daiwa Securities Group raised their price target on shares of Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Finally, Mizuho upped their price objective 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. Seventeen 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.