Y Intercept Hong Kong Ltd Grows Stock Holdings in Dell Technologies Inc. $DELL

Y Intercept Hong Kong Ltd boosted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 15.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 96,693 shares of the technology company’s stock after purchasing an additional 12,970 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Dell Technologies were worth $13,708,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DELL. Norges Bank acquired a new stake in shares of Dell Technologies in the 2nd quarter worth approximately $528,279,000. AQR Capital Management LLC boosted its position in Dell Technologies by 628.5% during the second quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after purchasing an additional 1,185,454 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Dell Technologies by 37.1% during the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after purchasing an additional 867,071 shares in the last quarter. Jennison Associates LLC grew its holdings in Dell Technologies by 189.4% in the third quarter. Jennison Associates LLC now owns 1,187,965 shares of the technology company’s stock valued at $168,418,000 after purchasing an additional 777,541 shares during the last quarter. Finally, Boston Partners increased its position in shares of Dell Technologies by 15.0% in the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after buying an additional 771,966 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on DELL shares. JPMorgan Chase & Co. boosted their price objective on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, November 17th. Mizuho lifted their target price on shares of Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Bank of America increased their price target on shares of Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on shares of Dell Technologies in a research note on Tuesday, January 13th. They set a “buy” rating and a $165.00 price objective for the company. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Eighteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $161.26.

Insider Activity at Dell Technologies

In related 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 42.00% of the stock is currently owned by insiders.

Dell Technologies Trading Down 1.5%

NYSE DELL opened at $115.36 on Friday. The business’s 50-day moving average price is $126.48 and its 200 day moving average price is $133.62. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $168.08. The company has a market capitalization of $76.45 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 0.78 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping 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 business had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. During the same period last year, the company earned $2.15 earnings per share. The company’s quarterly 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. Equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is presently 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.