Dell Technologies Inc. $DELL Shares Bought by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 54.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,492 shares of the technology company’s stock after purchasing an additional 14,604 shares during the quarter. Prospera Financial Services Inc’s holdings in Dell Technologies were worth $5,886,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Armstrong Advisory Group Inc. lifted its stake in shares of Dell Technologies by 3.6% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock worth $259,000 after acquiring an additional 63 shares during the period. Flagship Harbor Advisors LLC increased its stake in shares of Dell Technologies by 1.3% during the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after acquiring an additional 71 shares during the period. Westside Investment Management Inc. raised its holdings in Dell Technologies by 35.8% during the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after purchasing an additional 78 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in Dell Technologies by 2.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock worth $504,000 after purchasing an additional 81 shares during the period. Finally, Meeder Asset Management Inc. lifted its position in Dell Technologies by 33.7% in the third quarter. Meeder Asset Management Inc. now owns 325 shares of the technology company’s stock worth $46,000 after purchasing an additional 82 shares during the period. Institutional investors own 76.37% of the company’s stock.

Analysts Set New Price Targets

DELL has been the topic of several research analyst reports. UBS Group lowered their price target on Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. JPMorgan Chase & Co. raised their target price on Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. Citic Securities boosted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Finally, The Goldman Sachs Group started coverage on shares of Dell Technologies in a research note on Tuesday, January 13th. They issued a “buy” rating and a $165.00 price objective on the stock. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.26.

Insider Transactions at Dell Technologies

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

Dell Technologies Trading Up 4.1%

Shares of DELL opened at $125.89 on Wednesday. The business’s 50-day moving average price is $124.41 and its 200 day moving average price is $133.01. The stock has a market capitalization of $83.43 billion, a P/E ratio of 16.79, a P/E/G ratio of 0.70 and a beta of 1.03. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08.

Dell Technologies (NYSE:DELL) last announced 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 during the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period last year, the company posted $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. On average, research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, January 20th. Dell Technologies’s payout ratio is presently 28.00%.

Dell Technologies 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.