Northern Trust Corp Sells 63,854 Shares of Dell Technologies Inc. $DELL

Northern Trust Corp cut its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,253,404 shares of the technology company’s stock after selling 63,854 shares during the period. Northern Trust Corp owned 0.47% of Dell Technologies worth $296,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company’s stock valued at $2,653,032,000 after acquiring an additional 1,145,658 shares during the last quarter. Boston Partners raised its position in shares of Dell Technologies by 34.4% during the 1st quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock valued at $466,418,000 after acquiring an additional 1,312,600 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of 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 purchasing an additional 1,142,012 shares during the period. Janus Henderson Group PLC boosted its position in shares of Dell Technologies by 160.5% in the 4th quarter. Janus Henderson Group PLC now owns 3,027,066 shares of the technology company’s stock worth $348,814,000 after purchasing an additional 1,865,013 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Dell Technologies by 20.5% during the first quarter. Invesco Ltd. now owns 2,952,829 shares of the technology company’s stock worth $269,150,000 after purchasing an additional 502,764 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Wall Street Zen lowered Dell Technologies from a “buy” rating to a “hold” rating in a research note on Monday, July 14th. Morgan Stanley upped their price target on Dell Technologies from $89.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, May 21st. Mizuho lifted their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, May 19th. Susquehanna restated a “neutral” rating and set a $125.00 price objective on shares of Dell Technologies in a report on Wednesday, August 13th. Finally, TD Cowen upped their target price on shares of Dell Technologies from $120.00 to $125.00 and gave the company a “hold” rating in a research note on Friday, May 30th. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $143.00.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director William D. Green sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the completion of the transaction, the director owned 45,045 shares of the company’s stock, valued at $6,306,300. This represents a 52.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $127.56, for a total transaction of $76,536,000.00. Following the completion of the sale, the director owned 980,295 shares in the company, valued at $125,046,430.20. This trade represents a 37.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,989,063 shares of company stock worth $1,583,673,412. 42.00% of the stock is currently owned by company insiders.

Dell Technologies Stock Performance

Shares of DELL opened at $128.3830 on Thursday. The stock has a 50 day simple moving average of $127.05 and a 200 day simple moving average of $109.29. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66. The firm has a market capitalization of $87.15 billion, a PE ratio of 20.48, a P/E/G ratio of 0.95 and a beta of 1.02.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.13). The company had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Equities research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, July 22nd. Dell Technologies’s dividend payout ratio is 33.49%.

Dell Technologies 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).