Wealth Enhancement Advisory Services LLC increased its position in Dell Technologies Inc. (NYSE:DELL – Free Report) by 73.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,189 shares of the technology company’s stock after acquiring an additional 67,895 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Dell Technologies were worth $24,168,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the company. Winnow Wealth LLC acquired a new position in shares of Dell Technologies during the 2nd quarter worth about $25,000. Westside Investment Management Inc. raised its stake in Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Dell Technologies in the 2nd quarter worth $28,000. NewSquare Capital LLC lifted its stake in shares of Dell Technologies by 96.9% in the second quarter. NewSquare Capital LLC now owns 254 shares of the technology company’s stock valued at $31,000 after buying an additional 125 shares during the period. Finally, Johnson Financial Group Inc. raised its holdings in Dell Technologies by 66.2% in the 2nd quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. TD Cowen boosted their price objective on Dell Technologies from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Argus boosted their price target on shares of Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Mizuho raised their price objective on shares of Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Citigroup decreased their target price on shares of Dell Technologies from $175.00 to $165.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Daiwa Capital Markets raised their price target on shares of Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Eighteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.26.
Insider Transactions at Dell Technologies
In other news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction on Tuesday, December 9th. The stock was 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 directly owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 42.00% of the company’s stock.
Dell Technologies Price Performance
DELL stock opened at $113.16 on Thursday. The business has a fifty day moving average price of $127.18 and a 200 day moving average price of $133.80. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The stock has a market capitalization of $74.99 billion, a price-to-earnings ratio of 15.09, a P/E/G ratio of 0.74 and a beta of 1.03.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same period last year, the company posted $2.15 earnings per share. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. 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. On average, equities analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
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 $0.525 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.9%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.
Dell Technologies Company Profile
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.
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