PFG Investments LLC Sells 2,453 Shares of Dell Technologies Inc. $DELL

PFG Investments LLC reduced its position in shares of Dell Technologies Inc. (NYSE:DELL) by 17.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,867 shares of the technology company’s stock after selling 2,453 shares during the quarter. PFG Investments LLC’s holdings in Dell Technologies were worth $1,455,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Dell Technologies by 74.2% during the 1st quarter. Versant Capital Management Inc now owns 547 shares of the technology company’s stock valued at $50,000 after purchasing an additional 233 shares during the last quarter. Merit Financial Group LLC grew its position in Dell Technologies by 67.2% in the 1st quarter. Merit Financial Group LLC now owns 6,051 shares of the technology company’s stock valued at $552,000 after acquiring an additional 2,431 shares during the last quarter. Fulton Bank N.A. increased its stake in Dell Technologies by 6.3% in the first quarter. Fulton Bank N.A. now owns 15,640 shares of the technology company’s stock worth $1,426,000 after purchasing an additional 930 shares during the period. Finally, Hennion & Walsh Asset Management Inc. increased its stake in Dell Technologies by 25.4% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 43,728 shares of the technology company’s stock worth $3,986,000 after purchasing an additional 8,866 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Stock Performance

Shares of DELL stock opened at $149.46 on Thursday. The stock has a market cap of $100.49 billion, a PE ratio of 21.98, a P/E/G ratio of 0.97 and a beta of 1.04. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $149.68. The stock has a fifty day moving average price of $131.27 and a 200 day moving average price of $114.29.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.03. The firm had revenue of $29.78 billion for the quarter, compared to analysts’ expectations of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm’s revenue was up 19.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.89 EPS. 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 research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share 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 given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.4%. Dell Technologies’s payout ratio is currently 30.88%.

Insiders Place Their Bets

In other news, Director V (Gp) L.L.C. Slta sold 12,481 shares of the company’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $130.62, for a total value of $1,630,268.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. The disclosure for this sale can be found here. Insiders sold 3,204,462 shares of company stock worth $420,370,484 in the last three months. Company insiders own 42.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Dell Technologies from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America raised their price objective on Dell Technologies from $167.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday. Cowen restated a “hold” rating on shares of Dell Technologies in a research note on Friday, August 29th. The Goldman Sachs Group lifted their price target on Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Morgan Stanley boosted their price objective on Dell Technologies from $135.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $148.67.

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).