AAFMAA Wealth Management & Trust LLC Invests $621,000 in Dell Technologies Inc. $DELL

AAFMAA Wealth Management & Trust LLC bought a new position in shares of Dell Technologies Inc. (NYSE:DELLFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,931 shares of the technology company’s stock, valued at approximately $621,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dell Technologies in the second quarter valued at approximately $328,000. Foundations Investment Advisors LLC purchased a new stake in shares of Dell Technologies during the second quarter worth approximately $313,000. Kingsview Wealth Management LLC lifted its holdings in shares of Dell Technologies by 37.0% during the second quarter. Kingsview Wealth Management LLC now owns 3,416 shares of the technology company’s stock worth $419,000 after purchasing an additional 923 shares during the period. Finally, Wealthspire Advisors LLC purchased a new position in Dell Technologies in the 2nd quarter valued at $291,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CMO Jane Tunnell sold 28,529 shares of Dell Technologies stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $152.51, for a total transaction of $4,350,957.79. Following the sale, the chief marketing officer directly owned 53,373 shares in the company, valued at $8,139,916.23. The trade was a 34.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $152.28, for a total value of $11,308,008.24. Following the completion of the transaction, the director directly owned 92 shares in the company, valued at approximately $14,009.76. The trade was a 99.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,540,917 shares of company stock valued at $230,215,036. Company insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

Shares of DELL stock opened at $158.27 on Friday. The firm’s 50-day simple moving average is $128.55 and its 200-day simple moving average is $133.79. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $169.90. The firm has a market cap of $104.88 billion, a P/E ratio of 18.15, a PEG ratio of 0.73 and a beta of 0.97.

Dell Technologies (NYSE:DELLGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping the consensus estimate of $3.53 by $0.36. The firm had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. Dell Technologies’s revenue for the quarter was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.68 earnings per share. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be paid a dividend of $0.63 per share. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, April 21st. Dell Technologies’s payout ratio is 24.08%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DELL. 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 research note on Wednesday, November 26th. Evercore reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Dell Technologies in a report on Thursday, February 19th. JPMorgan Chase & Co. dropped their target price on Dell Technologies from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Weiss Ratings raised Dell Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Seventeen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $163.28.

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Dell Technologies Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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