United Services Automobile Association Takes $618,000 Position in Dell Technologies Inc. $DELL

United Services Automobile Association purchased a new stake in Dell Technologies Inc. (NYSE:DELL) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 6,699 shares of the technology company’s stock, valued at approximately $618,000.

Several other hedge funds also recently made changes to their positions in DELL. Michael & Susan Dell Foundation purchased a new position in shares of Dell Technologies in the fourth quarter valued at $265,052,000. Boston Partners grew its position in Dell Technologies by 34.4% during the first quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock worth $466,418,000 after buying an additional 1,312,600 shares in the last quarter. Vanguard Group Inc. grew its position in Dell Technologies by 4.1% during the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company’s stock worth $2,653,032,000 after buying an additional 1,145,658 shares in the last quarter. Deutsche Bank AG grew its position in Dell Technologies by 38.1% during the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company’s stock worth $377,508,000 after buying an additional 1,142,012 shares in the last quarter. Finally, Alkeon Capital Management LLC grew its position in Dell Technologies by 41.4% during the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after buying an additional 931,032 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DELL has been the subject of several recent analyst reports. Susquehanna restated a “neutral” rating and set a $125.00 target price on shares of Dell Technologies in a research report on Wednesday, August 13th. Mizuho boosted their target price on Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, May 19th. The Goldman Sachs Group set a $140.00 target price on Dell Technologies and gave the stock a “buy” rating in a research report on Thursday, August 28th. Cowen restated a “hold” rating on shares of Dell Technologies in a research report on Friday, August 29th. Finally, JPMorgan Chase & Co. lifted their price target on Dell Technologies from $125.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Fourteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.31.

Dell Technologies Trading Down 1.3%

DELL opened at $121.38 on Wednesday. The stock has a 50-day moving average price of $129.34 and a 200-day moving average price of $110.74. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $147.66. The stock has a market capitalization of $82.40 billion, a P/E ratio of 17.85, a PEG ratio of 0.84 and a beta of 1.01.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm had revenue of $29.78 billion during the quarter, compared to analysts’ expectations of $29.14 billion. During the same period in the prior year, the business earned $1.89 EPS. The company’s revenue for the quarter 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. On average, equities research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders 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 yield of 1.7%. Dell Technologies’s dividend payout ratio is presently 30.88%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 91,230 shares of the company’s stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $118.42, for a total transaction of $10,803,456.60. Following the completion of the transaction, the insider owned 56,429 shares of the company’s stock, valued at $6,682,322.18. This represents a 61.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of the company’s 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 directly owned 938,741 shares of the company’s stock, valued at $105,918,147.03. The trade was a 35.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,146,084 shares of company stock worth $1,487,490,534 over the last three months. 42.00% of the stock is owned by corporate insiders.

Dell Technologies Company 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).