Bank Hapoalim BM Sells 1,104 Shares of Dell Technologies Inc. $DELL

Bank Hapoalim BM decreased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 6.6% in the 2nd quarter, Holdings Channel reports. The firm owned 15,731 shares of the technology company’s stock after selling 1,104 shares during the quarter. Bank Hapoalim BM’s holdings in Dell Technologies were worth $1,929,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DELL. Cary Street Partners Financial LLC grew its position in Dell Technologies by 2.7% in the 1st quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company’s stock valued at $395,000 after purchasing an additional 116 shares during the period. OneAscent Financial Services LLC grew its position in Dell Technologies by 3.4% in the 1st quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company’s stock valued at $345,000 after purchasing an additional 125 shares during the period. MRP Capital Investments LLC grew its position in Dell Technologies by 0.8% in the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company’s stock valued at $1,365,000 after purchasing an additional 125 shares during the period. Cantor Fitzgerald Investment Advisors L.P. grew its position in Dell Technologies by 1.2% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 10,762 shares of the technology company’s stock valued at $1,319,000 after purchasing an additional 125 shares during the period. Finally, V Square Quantitative Management LLC grew its position in Dell Technologies by 5.5% in the 2nd quarter. V Square Quantitative Management LLC now owns 2,460 shares of the technology company’s stock valued at $302,000 after purchasing an additional 128 shares during the period. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

NYSE DELL opened at $140.64 on Friday. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $152.10. The business’s fifty day moving average is $131.84 and its 200-day moving average is $114.93. The stock has a market capitalization of $94.56 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 1.01 and a beta of 1.05.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business had revenue of $29.78 billion for the quarter, compared to analysts’ expectations of $29.14 billion. During the same period in the previous year, the business posted $1.89 EPS. The firm’s quarterly revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s payout ratio is currently 30.88%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on DELL shares. Sanford C. Bernstein started coverage on Dell Technologies in a research note on Monday, September 15th. They set an “outperform” rating and a $175.00 price objective on the stock. UBS Group raised their price objective on Dell Technologies from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Barclays raised their price objective on Dell Technologies from $131.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 17th. Wall Street Zen upgraded Dell Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Finally, Evercore ISI lifted their target price on Dell Technologies from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, August 15th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $148.67.

Insider Transactions at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director V (Gp) L.L.C. Slta sold 2,220 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $146.07, for a total value of $324,275.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,781,682 shares of company stock valued at $505,183,267. 42.00% of the stock is currently owned by insiders.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).