Private Advisory Group LLC Buys 6,145 Shares of Dell Technologies Inc. $DELL

Private Advisory Group LLC grew its stake in Dell Technologies Inc. (NYSE:DELL – Free Report) by 255.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,553 shares of the technology company’s stock after buying an additional 6,145 shares during the period. Private Advisory Group LLC’s holdings in Dell Technologies were worth $4,601,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in DELL. Bank of America Corp DE increased its holdings in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Dell Technologies by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock worth $157,869,000 after purchasing an additional 27,668 shares during the period. Swiss National Bank boosted its position in Dell Technologies by 4.7% during the first quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock worth $152,806,000 after purchasing an additional 41,700 shares during the period. Finally, Amundi boosted its position in Dell Technologies by 5.8% during the first quarter. Amundi now owns 845,709 shares of the technology company’s stock worth $138,806,000 after purchasing an additional 46,240 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. This represents a 58.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the sale, the director directly owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,819,650 shares of company stock worth $991,183,596 in the last ninety days. 41.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DELL shares. Raymond James Financial lifted their price target on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Sanford C. Bernstein upped their price objective on shares of Dell Technologies from $500.00 to $650.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Daiwa Securities Group upped their price objective on shares of Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a report on Friday, September 18th. Deutsche Bank assumed coverage on shares of Dell Technologies in a research note on Thursday, September 3rd. They issued a “hold” rating and a $480.00 target price on the stock. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Dell Technologies in a report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $569.96.

Read Our Latest Research Report on Dell Technologies

Recent Dell Technologies Headlines

Here are a few of the latest headlines about DELL:

Dell Technologies Stock Down 0.5%

DELL opened at $371.83 on Friday. The firm has a market capitalization of $236.41 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 0.39 and a beta of 1.45. The stock’s 50 day moving average price is $496.81 and its two-hundred day moving average price is $341.25. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51.

Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same period in the previous year, the business posted $1.70 EPS. The company’s revenue for the quarter was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, analysts anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were paid a $0.63 dividend. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.7%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Dell Technologies Company Profile

(Free Report)

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations. The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Further Reading

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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