Penserra Capital Management LLC Grows Stake in Dell Technologies Inc. $DELL

Penserra Capital Management LLC increased its holdings in Dell Technologies Inc. (NYSE:DELL) by 28.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,334 shares of the technology company’s stock after buying an additional 4,280 shares during the period. Penserra Capital Management LLC’s holdings in Dell Technologies were worth $2,739,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. State Street Corp grew its holdings in shares of Dell Technologies by 2.1% during the second quarter. State Street Corp now owns 14,099,317 shares of the technology company’s stock worth $1,728,576,000 after purchasing an additional 292,167 shares in the last quarter. Boston Partners grew its stake in Dell Technologies by 15.0% in the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after buying an additional 771,966 shares in the last quarter. Norges Bank bought a new position in shares of Dell Technologies in the 2nd quarter worth $528,279,000. Ameriprise Financial Inc. raised its position in shares of Dell Technologies by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after buying an additional 867,071 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of Dell Technologies by 0.7% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 2,239,931 shares of the technology company’s stock worth $276,040,000 after acquiring an additional 14,956 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the transaction, the director owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. This represents a 5.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 42.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DELL has been the topic of a number of research reports. Zacks Research downgraded Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Wall Street Zen raised Dell Technologies from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. The Goldman Sachs Group began coverage on Dell Technologies in a research note on Tuesday, January 13th. They issued a “buy” rating and a $165.00 target price for the company. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Finally, Dbs Bank raised shares of Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. Eighteen 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Stock Performance

NYSE:DELL opened at $120.94 on Friday. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The firm has a market cap of $80.15 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 0.67 and a beta of 1.03. The business has a 50 day moving average price of $124.83 and a 200-day moving average price of $133.00.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.15 earnings per share. 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. Research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were paid a $0.525 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies’s dividend payout ratio (DPR) 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.