Monetary Management Group Inc. Buys 18,350 Shares of Dell Technologies Inc. $DELL

Monetary Management Group Inc. boosted its stake in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 968.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,244 shares of the technology company’s stock after purchasing an additional 18,350 shares during the quarter. Monetary Management Group Inc.’s holdings in Dell Technologies were worth $1,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Bellwether Advisors LLC bought a new stake in Dell Technologies during the fourth quarter valued at about $25,000. Smallwood Wealth Investment Management LLC acquired a new stake in Dell Technologies in the first quarter worth about $25,000. N.E.W. Advisory Services LLC acquired a new stake in Dell Technologies in the first quarter worth about $26,000. Cheviot Value Management LLC acquired a new stake in Dell Technologies in the first quarter worth about $27,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in Dell Technologies by 270.7% in the first quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock worth $28,000 after acquiring an additional 222 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DELL. TD Cowen raised their price target on Dell Technologies from $120.00 to $125.00 and gave the stock a “hold” rating in a report on Friday, May 30th. Bank of America raised their price target on Dell Technologies from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Susquehanna reissued a “neutral” rating and issued a $125.00 price target on shares of Dell Technologies in a report on Wednesday, August 13th. Mizuho raised their price target on Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, May 19th. Finally, Morgan Stanley raised their price target on Dell Technologies from $135.00 to $144.00 and gave the stock an “overweight” rating in a report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $144.06.

View Our Latest Report on DELL

Insider Activity at Dell Technologies

In related news, General Counsel Richard J. Rothberg sold 70,165 shares of Dell Technologies stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $108.82, for a total transaction of $7,635,355.30. Following the completion of the transaction, the general counsel directly owned 79,928 shares in the company, valued at approximately $8,697,764.96. This trade represents a 46.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of Dell Technologies stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $112.83, for a total value of $59,482,509.21. Following the transaction, the director owned 938,741 shares of the company’s stock, valued at approximately $105,918,147.03. This represents a 35.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,989,063 shares of company stock valued at $1,583,673,412 in the last 90 days. 42.00% of the stock is currently owned by corporate insiders.

Dell Technologies Stock Down 0.6%

Dell Technologies stock opened at $127.7160 on Friday. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The company has a market capitalization of $86.70 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The stock has a 50-day moving average price of $127.34 and a 200 day moving average price of $109.48.

Dell Technologies (NYSE:DELLGet Free Report) last released its earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.13). The firm had revenue of $23.38 billion for the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%.The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $1.27 EPS. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. Research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, July 22nd. Dell Technologies’s dividend payout ratio (DPR) is currently 33.49%.

About Dell Technologies

(Free Report)

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).

Further Reading

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

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