Dell Technologies Inc. $DELL Shares Sold by Hager Investment Management Services LLC

Hager Investment Management Services LLC trimmed its stake in Dell Technologies Inc. (NYSE:DELL – Free Report) by 27.9% during the third quarter, HoldingsChannel.com reports. The fund owned 6,643 shares of the technology company’s stock after selling 2,574 shares during the period. Dell Technologies makes up approximately 1.7% of Hager Investment Management Services LLC’s holdings, making the stock its 18th biggest position. Hager Investment Management Services LLC’s holdings in Dell Technologies were worth $3,574,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of DELL. Noble Wealth Management PBC lifted its holdings in shares of Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock valued at $25,000 after purchasing an additional 25 shares during the last quarter. Cornerstone Financial Management LLC increased its stake in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares in the last quarter. Premier Financial Group acquired a new stake in Dell Technologies during the 2nd quarter worth about $34,000. Byrne Asset Management LLC acquired a new stake in Dell Technologies during the 2nd quarter worth about $38,000. Finally, Atwood & Palmer Inc. lifted its stake in Dell Technologies by 860.0% during the second quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock valued at $41,000 after buying an additional 86 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the transaction, the director directly owned 1,404,569 shares of the company’s stock, valued at approximately $823,639,261.60. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $14,845,156.20. Following the transaction, the director directly owned 22,686 shares in the company, valued at $13,210,057.80. The trade was a 52.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,819,650 shares of company stock valued at $991,183,596 in the last 90 days. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Trading Up 0.1%

NYSE:DELL opened at $329.02 on Monday. The business’s fifty day moving average price is $504.83 and its 200 day moving average price is $336.43. The firm has a market capitalization of $209.19 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 0.34 and a beta of 1.45. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51.

Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same period last year, the company posted $1.70 EPS. The business’s quarterly revenue was up 57.7% compared to the same quarter last year. 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. Equities analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Wall Street Analyst Weigh In

DELL has been the subject of several recent analyst reports. Daiwa Securities Group raised their target price 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. Raymond James Financial lifted their target price on shares of Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. Bank of America boosted their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a report on Monday, August 31st. Cantor Fitzgerald initiated coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating for the company. Finally, Melius Research raised their price objective on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.

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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.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.

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

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