Triad Wealth Partners LLC bought a new stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,227 shares of the technology company’s stock, valued at approximately $273,000.
Other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at $29,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Dell Technologies in the 1st quarter valued at $26,000. Cheviot Value Management LLC acquired a new stake in shares of Dell Technologies in the 1st quarter valued at $27,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Dell Technologies in the 1st quarter valued at $27,000. Institutional investors and hedge funds own 76.37% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently issued reports on DELL. Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a research note on Friday, August 29th. Fox Advisors lowered shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a research note on Saturday, September 27th. TD Cowen lifted their price objective on shares of Dell Technologies from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, August 29th. Finally, UBS Group lifted their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Sixteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.
Dell Technologies Price Performance
Dell Technologies stock opened at $140.64 on Friday. The firm has a market cap of $94.56 billion, a price-to-earnings ratio of 20.68, a P/E/G ratio of 1.01 and a beta of 1.05. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $152.10. The firm has a fifty day moving average price of $131.84 and a two-hundred day moving average price of $114.93.
Dell Technologies (NYSE:DELL – Get Free Report) last released its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. The firm had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business’s revenue was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the business 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, sell-side analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.
Dell Technologies Dividend Announcement
The business 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 dividend of $0.525 per share. 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 1.5%. Dell Technologies’s dividend payout ratio is currently 30.88%.
Insider Activity
In other news, Director William D. Green sold 65,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 47,619 shares of the company’s stock, valued at approximately $7,166,659.50. This represents a 57.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $132.32, for a total transaction of $74,760,800.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,781,682 shares of company stock valued at $505,183,267. Insiders own 42.00% of the company’s stock.
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).
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