Dell Technologies Inc. $DELL Shares Sold by Cercano Management LLC

Cercano Management LLC reduced its holdings in Dell Technologies Inc. (NYSE:DELL) by 60.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,087 shares of the technology company’s stock after selling 83,065 shares during the period. Cercano Management LLC’s holdings in Dell Technologies were worth $7,668,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. increased its holdings in 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 in the last quarter. Flagship Harbor Advisors LLC grew its position in shares of Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after purchasing an additional 71 shares during the period. Westside Investment Management Inc. increased its stake in shares of 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 raised its position in shares of Dell Technologies by 2.3% during the 3rd 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 last quarter. Finally, Meeder Asset Management Inc. lifted its stake in Dell Technologies by 33.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 325 shares of the technology company’s stock valued at $46,000 after buying an additional 82 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Dell Technologies

In other news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 42.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

DELL has been the subject of several research reports. Morgan Stanley boosted their price objective on Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dell Technologies in a research report on Wednesday, January 21st. Dbs Bank upgraded Dell Technologies to a “moderate buy” rating in a report on Monday, January 5th. The Goldman Sachs Group started coverage on shares of Dell Technologies in a research note on Tuesday, January 13th. They set a “buy” rating and a $165.00 target price on the stock. Finally, Citigroup reduced their target price on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Tuesday. Seventeen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.00.

Dell Technologies Trading Down 1.1%

Shares of DELL stock opened at $116.16 on Wednesday. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $168.08. The company’s 50-day moving average price is $122.38 and its 200-day moving average price is $132.50. The stock has a market cap of $76.98 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 0.68 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. 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 firm earned $2.15 earnings per share. Dell Technologies’s quarterly 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. As a group, equities research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.8%. The ex-dividend date was Tuesday, January 20th. Dell Technologies’s dividend payout ratio 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.