Patriot Financial Group Insurance Agency LLC Increases Holdings in Dell Technologies Inc. $DELL

Patriot Financial Group Insurance Agency LLC raised its position in Dell Technologies Inc. (NYSE:DELLFree Report) by 11.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,478 shares of the technology company’s stock after purchasing an additional 364 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Dell Technologies were worth $426,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC grew its stake in Dell Technologies by 2.7% in the 1st quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company’s stock worth $395,000 after acquiring an additional 116 shares in the last quarter. OneAscent Financial Services LLC grew its stake in Dell Technologies by 3.4% in the 1st quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company’s stock worth $345,000 after acquiring an additional 125 shares in the last quarter. MRP Capital Investments LLC grew its stake in Dell Technologies by 0.8% in the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company’s stock worth $1,365,000 after acquiring an additional 125 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its stake in Dell Technologies by 1.2% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 10,762 shares of the technology company’s stock worth $1,319,000 after acquiring an additional 125 shares in the last quarter. Finally, V Square Quantitative Management LLC grew its stake in Dell Technologies by 5.5% in the 2nd quarter. V Square Quantitative Management LLC now owns 2,460 shares of the technology company’s stock worth $302,000 after acquiring an additional 128 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director William D. Green sold 65,000 shares of the firm’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the sale, the director owned 47,619 shares in the company, valued at approximately $7,166,659.50. This represents a 57.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,781,682 shares of company stock worth $505,183,267 in the last ninety days. Corporate insiders own 42.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. The Goldman Sachs Group upped their target price on shares of Dell Technologies from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. Bank of America increased their price objective on shares of Dell Technologies from $167.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday. Raymond James Financial increased their price objective on shares of Dell Technologies from $150.00 to $152.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Barclays increased their price objective on shares of Dell Technologies from $131.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 17th. Finally, Citigroup increased their price objective on shares of Dell Technologies from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Sixteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.67.

Get Our Latest Stock Report on DELL

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $140.64 on Friday. The firm has a fifty day moving average price of $131.84 and a 200 day moving average price of $115.05. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $152.10. The stock has a market cap of $94.56 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 0.96 and a beta of 1.05.

Dell Technologies (NYSE:DELLGet Free Report) last issued its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm had revenue of $29.78 billion during the quarter, compared to analysts’ expectations of $29.14 billion. During the same quarter last year, the company posted $1.89 earnings per share. The firm’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 expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors 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 1.5%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is 30.88%.

Dell Technologies Profile

(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).

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

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