U.S. Capital Wealth Advisors LLC increased its position in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 156.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,171 shares of the technology company’s stock after acquiring an additional 11,710 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Dell Technologies were worth $2,718,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of Dell Technologies during the second quarter valued at about $528,279,000. AQR Capital Management LLC raised its holdings in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after buying an additional 1,185,454 shares during the last quarter. Alkeon Capital Management LLC boosted its position in Dell Technologies by 41.4% during the 1st quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after buying an additional 931,032 shares during the period. Ameriprise Financial Inc. boosted its position in Dell Technologies by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after buying an additional 867,071 shares during the period. Finally, Boston Partners grew its holdings in Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after acquiring an additional 771,966 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.
Insider Activity at Dell Technologies
In other news, Director William D. Green sold 42,736 shares of Dell Technologies stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $160.00, for a total value of $6,837,760.00. Following the completion of the sale, the director owned 47,619 shares in the company, valued at $7,619,040. The trade was a 47.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the director owned 1,172,428 shares in the company, valued at $161,935,755.36. The trade was a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,124,859 shares of company stock worth $459,133,225. Corporate insiders own 42.00% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Dell Technologies
Dell Technologies Trading Up 2.8%
Shares of Dell Technologies stock opened at $126.37 on Friday. The business has a 50-day moving average price of $140.96 and a two-hundred day moving average price of $132.99. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The company has a market cap of $84.97 billion, a P/E ratio of 16.85, a PEG ratio of 0.85 and a beta of 1.03.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same period in the previous year, the business earned $2.15 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year. 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 research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.
Dell Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders 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 1.7%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is presently 28.00%.
About Dell Technologies
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.
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