Dell Technologies Inc. $DELL is JAT Capital Mgmt LP’s 3rd Largest Position

JAT Capital Mgmt LP lowered its position in shares of Dell Technologies Inc. (NYSE:DELL) by 21.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,500 shares of the technology company’s stock after selling 9,100 shares during the quarter. Dell Technologies makes up approximately 13.0% of JAT Capital Mgmt LP’s holdings, making the stock its 3rd biggest holding. JAT Capital Mgmt LP’s holdings in Dell Technologies were worth $3,984,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Winnow Wealth LLC purchased a new stake in shares of Dell Technologies in the second quarter valued at $25,000. Westside Investment Management Inc. grew its holdings in Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Dell Technologies during the 2nd quarter valued at about $28,000. Central Pacific Bank Trust Division purchased a new position in shares of Dell Technologies during the 2nd quarter worth about $29,000. Finally, Johnson Financial Group Inc. boosted its position in shares of Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Activity

In related news, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The SEC filing for this sale provides additional information. Insiders have sold 4,608,755 shares of company stock worth $652,451,493 in the last ninety days. Corporate insiders own 42.00% of the company’s stock.

Dell Technologies Stock Down 1.4%

DELL stock opened at $138.67 on Friday. The stock’s 50 day moving average is $143.71 and its two-hundred day moving average is $132.16. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08. The company has a market capitalization of $93.24 billion, a PE ratio of 18.49, a P/E/G ratio of 0.94 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the company earned $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. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.5%. Dell Technologies’s payout ratio is presently 28.00%.

Analyst Ratings Changes

DELL has been the subject of several research analyst reports. Wells Fargo & Company upped their price target on shares of Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. Citic Securities upped their price objective on Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Argus increased their target price on Dell Technologies from $150.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Daiwa Capital Markets boosted their price target on Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Finally, Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 6th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

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).