QRG Capital Management Inc. Has $7.46 Million Holdings in Dell Technologies Inc. $DELL

QRG Capital Management Inc. cut its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 6.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,841 shares of the technology company’s stock after selling 3,881 shares during the period. QRG Capital Management Inc.’s holdings in Dell Technologies were worth $7,459,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DELL. Brighton Jones LLC grew its stake in shares of Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares during the period. Merit Financial Group LLC grew its stake in shares of Dell Technologies by 67.2% during the first quarter. Merit Financial Group LLC now owns 6,051 shares of the technology company’s stock worth $552,000 after purchasing an additional 2,431 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Dell Technologies by 48.4% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,533 shares of the technology company’s stock worth $140,000 after purchasing an additional 500 shares during the period. Gateway Investment Advisers LLC grew its stake in Dell Technologies by 2.1% in the first quarter. Gateway Investment Advisers LLC now owns 63,349 shares of the technology company’s stock valued at $5,774,000 after acquiring an additional 1,329 shares during the period. Finally, Sentinel Pension Advisors LLC acquired a new position in Dell Technologies in the first quarter valued at about $374,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Lynn Vojvodich Radakovich sold 725 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $126.39, for a total transaction of $91,632.75. Following the sale, the director owned 23,680 shares in the company, valued at approximately $2,992,915.20. This represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 2,220 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $146.07, for a total value of $324,275.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,781,682 shares of company stock worth $505,183,267. Insiders own 42.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on DELL shares. Bank of America boosted their target price on Dell Technologies from $167.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. UBS Group boosted their target price on Dell Technologies from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Wall Street Zen raised Dell Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. The Goldman Sachs Group boosted their target price on Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Finally, TD Cowen boosted their target price on Dell Technologies from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, August 29th. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $140.64 on Monday. The firm has a market cap of $94.56 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 0.96 and a beta of 1.05. The stock’s 50-day moving average is $131.84 and its 200-day moving average is $115.16. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $152.10.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.03. The company had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.89 earnings per share. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, equities analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s dividend payout ratio is presently 30.88%.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).