Y Intercept Hong Kong Ltd Acquires 12,970 Shares of Dell Technologies Inc. $DELL

Y Intercept Hong Kong Ltd lifted its stake in Dell Technologies Inc. (NYSE:DELL) by 15.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,693 shares of the technology company’s stock after buying an additional 12,970 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Dell Technologies were worth $13,708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DELL. Allspring Global Investments Holdings LLC lifted its stake in shares of Dell Technologies by 4.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock valued at $40,990,000 after purchasing an additional 12,695 shares during the last quarter. Carnegie Investment Counsel raised its holdings in Dell Technologies by 904.0% in the 3rd quarter. Carnegie Investment Counsel now owns 18,484 shares of the technology company’s stock valued at $2,620,000 after buying an additional 16,643 shares during the period. Shikiar Asset Management Inc. purchased a new stake in Dell Technologies in the 3rd quarter valued at about $5,417,000. Fisher Funds Management LTD acquired a new position in Dell Technologies in the third quarter valued at about $1,398,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Dell Technologies by 8.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 800,382 shares of the technology company’s stock worth $113,470,000 after buying an additional 63,924 shares during the period. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Down 1.5%

Dell Technologies stock opened at $115.36 on Friday. The company has a fifty day simple moving average of $126.48 and a 200-day simple moving average of $133.62. The stock has a market cap of $76.45 billion, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 0.78 and a beta of 1.03. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $168.08.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same period in the prior year, the firm posted $2.15 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.8%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Analysts Set New Price Targets

DELL has been the topic of several recent analyst reports. Citic Securities upped their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Zacks Research cut Dell Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. UBS Group lowered their price target on Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. JPMorgan Chase & Co. increased their target price on Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $161.26.

Insiders Place Their Bets

In other news, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the sale, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 42.00% of the stock is currently owned by company insiders.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.