Iv (Gp) L.L.C. Slta Sells 600,000 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $127.00, for a total value of $76,200,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Iv (Gp) L.L.C. Slta also recently made the following trade(s):

• On Thursday, July 10th, Iv (Gp) L.L.C. Slta sold 600,000 shares of Dell Technologies stock. The stock was sold at an average price of $127.56, for a total value of $76,536,000.00.
• On Thursday, June 26th, Iv (Gp) L.L.C. Slta sold 625,000 shares of Dell Technologies stock. The stock was sold at an average price of $126.20, for a total value of $78,875,000.00.

Dell Technologies Trading Up 1.3%

Shares of DELL opened at $132.09 on Friday. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The stock has a market cap of $88.82 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 0.89 and a beta of 1.01. The stock’s 50-day moving average price is $129.61 and its two-hundred day moving average price is $111.67.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm had revenue of $29.78 billion for the quarter, compared to analysts’ expectations of $29.14 billion. During the same quarter last year, the business earned $1.89 earnings per share. The company’s revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, equities analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s payout ratio is 30.88%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DELL. Vanguard Group Inc. grew its holdings in Dell Technologies by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company’s stock valued at $2,653,032,000 after buying an additional 1,145,658 shares in the last quarter. State Street Corp grew its holdings in Dell Technologies by 2.1% in 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 buying an additional 292,167 shares in the last quarter. Boston Partners grew its holdings in Dell Technologies by 15.0% in 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 acquired a new position in Dell Technologies in the 2nd quarter valued at $528,279,000. Finally, Deutsche Bank AG grew its holdings in Dell Technologies by 38.1% in the 1st quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company’s stock valued at $377,508,000 after buying an additional 1,142,012 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DELL. Daiwa Capital Markets lifted their price objective on Dell Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, September 11th. Bank of America lifted their price objective on Dell Technologies from $165.00 to $167.00 and gave the company a “buy” rating in a report on Friday, August 29th. The Goldman Sachs Group set a $140.00 price objective on Dell Technologies and gave the company a “buy” rating in a report on Thursday, August 28th. Morgan Stanley lifted their price objective on Dell Technologies from $135.00 to $144.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Sanford C. Bernstein assumed coverage on Dell Technologies in a research note on Monday. They issued an “outperform” rating and a $175.00 target price on the stock. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $147.67.

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).