Dell Technologies Inc. $DELL is Monte Financial Group LLC’s 6th Largest Position

Monte Financial Group LLC decreased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 13.0% during the third quarter, Holdings Channel.com reports. The firm owned 48,813 shares of the technology company’s stock after selling 7,289 shares during the period. Dell Technologies accounts for about 2.5% of Monte Financial Group LLC’s portfolio, making the stock its 6th largest position. Monte Financial Group LLC’s holdings in Dell Technologies were worth $6,920,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Winnow Wealth LLC bought a new position in shares of Dell Technologies in the 2nd quarter valued at about $25,000. Westside Investment Management Inc. increased its position in shares of Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Dell Technologies in the second quarter worth $28,000. Johnson Financial Group Inc. boosted its stake in Dell Technologies by 66.2% during the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock worth $31,000 after buying an additional 100 shares during the period. Finally, WealthCollab LLC increased its position in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Down 1.5%

Shares of DELL stock opened at $115.36 on Monday. The firm has a market cap of $76.45 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 0.77 and a beta of 1.03. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08. The company’s 50 day moving average is $126.48 and its 200 day moving average is $133.73.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.15 EPS. 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. Analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company 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 $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s payout ratio is currently 28.00%.

Insider Activity

In other news, Director Egon Durban sold 71,000 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the sale, the director owned 1,172,428 shares in the company, valued at approximately $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 accessible through this hyperlink. Insiders own 42.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on DELL shares. Morgan Stanley upped their price target on shares of Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a report on Wednesday, November 26th. Daiwa Capital Markets boosted their price objective on Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Bank of America increased their target price on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Weiss Ratings restated a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday. Finally, Citigroup decreased their price objective on shares of Dell Technologies from $175.00 to $165.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. Eighteen equities research 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. Based on data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $161.26.

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.