Skandinaviska Enskilda Banken AB publ Sells 8,325 Shares of Dell Technologies Inc. $DELL

Skandinaviska Enskilda Banken AB publ lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 10.3% in the second quarter, Holdings Channel reports. The firm owned 72,834 shares of the technology company’s stock after selling 8,325 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Dell Technologies were worth $8,925,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of DELL. Colonial Trust Advisors boosted its holdings in shares of Dell Technologies by 71.6% during the 2nd quarter. Colonial Trust Advisors now owns 1,577 shares of the technology company’s stock worth $193,000 after buying an additional 658 shares during the period. Ceredex Value Advisors LLC lifted its position in Dell Technologies by 48.6% during the 2nd quarter. Ceredex Value Advisors LLC now owns 616,964 shares of the technology company’s stock worth $75,640,000 after acquiring an additional 201,864 shares during the last quarter. Norges Bank bought a new stake in Dell Technologies during the second quarter valued at about $528,279,000. Quadrature Capital Ltd acquired a new stake in shares of Dell Technologies in the second quarter valued at about $9,531,000. Finally, Level Four Advisory Services LLC increased its stake in shares of Dell Technologies by 95.7% in the second quarter. Level Four Advisory Services LLC now owns 7,456 shares of the technology company’s stock worth $914,000 after purchasing an additional 3,647 shares during the period. Institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In related news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 4,537,755 shares of company stock valued at $642,644,973. 42.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on DELL shares. Wall Street Zen upgraded Dell Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. UBS Group reduced their price objective on Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research report on Wednesday. Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a research report on Friday, August 29th. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a report on Friday, August 29th. Finally, The Goldman Sachs Group raised their price target on shares of Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $161.05.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $133.06 on Friday. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08. The firm has a market capitalization of $89.46 billion, a PE ratio of 17.74, a price-to-earnings-growth ratio of 1.01 and a beta of 1.02. The company’s fifty day moving average price is $143.67 and its two-hundred day moving average price is $130.73.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm’s revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. Q4 2026 guidance at 3.500-3.500 EPS. Analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, October 21st. Dell Technologies’s dividend payout ratio is currently 28.00%.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).