Dell Technologies Inc. $DELL Shares Bought by Trek Financial LLC

Trek Financial LLC grew its stake in Dell Technologies Inc. (NYSE:DELL) by 687.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,819 shares of the technology company’s stock after buying an additional 19,920 shares during the period. Trek Financial LLC’s holdings in Dell Technologies were worth $12,276,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. True Freedom Investing LLC bought a new position in shares of Dell Technologies during the 3rd quarter valued at $1,214,000. Pinkerton Wealth LLC purchased a new stake in Dell Technologies in the third quarter worth about $660,000. Hoey Investments Inc. lifted its position in Dell Technologies by 17.1% during the third quarter. Hoey Investments Inc. now owns 6,143 shares of the technology company’s stock valued at $3,305,000 after buying an additional 895 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Dell Technologies during the third quarter valued at approximately $45,098,000. Finally, ProShare Advisors LLC boosted its holdings in Dell Technologies by 6.7% in the third quarter. ProShare Advisors LLC now owns 58,769 shares of the technology company’s stock worth $31,615,000 after acquiring an additional 3,713 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related news, Director Egon Durban sold 1,850 shares of Dell Technologies stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total value of $1,014,540.00. Following the completion of the sale, the director directly owned 1,405,236 shares in the company, valued at $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the 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 owned 22,686 shares in the company, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,819,650 shares of company stock valued at $991,183,596 over the last three months. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies Price Performance

DELL stock opened at $423.63 on Monday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $595.51. The company has a market capitalization of $269.35 billion, a PE ratio of 24.59, a P/E/G ratio of 0.44 and a beta of 1.45. The firm’s 50-day moving average is $513.74 and its 200 day moving average is $330.29.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. Dell Technologies’s quarterly revenue was up 57.7% on a year-over-year basis. During the same period last year, the business posted $1.70 EPS. 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. Sell-side analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DELL shares. UBS Group reissued an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. KeyCorp reissued a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Evercore reissued an “outperform” rating and issued a $650.00 target price on shares of Dell Technologies in a report on Wednesday, September 9th. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research report on Thursday, September 10th. They issued an “outperform” rating and a $640.00 price target for the company. Finally, Raymond James Financial upped their target price on shares of Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.