Dell Technologies Inc. $DELL Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp decreased its stake in Dell Technologies Inc. (NYSE:DELL) by 38.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,065 shares of the technology company’s stock after selling 13,132 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Dell Technologies were worth $2,583,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. William Allan Corp increased its stake in Dell Technologies by 47.6% during the 2nd quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock worth $3,175,000 after buying an additional 8,355 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in shares of Dell Technologies during the second quarter worth approximately $241,000. WASHINGTON TRUST Co increased its position in shares of Dell Technologies by 11,037.8% during the second quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock worth $10,801,000 after purchasing an additional 87,309 shares in the last quarter. Symphony Financial Services Inc. acquired a new position in Dell Technologies in the 2nd quarter valued at $275,000. Finally, First Hawaiian Bank boosted its stake in Dell Technologies by 67.1% during the 1st quarter. First Hawaiian Bank now owns 34,878 shares of the technology company’s stock worth $3,179,000 after purchasing an additional 14,010 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Performance

DELL stock opened at $126.37 on Friday. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $168.08. The firm has a market cap of $84.97 billion, a PE ratio of 16.85, a PEG ratio of 0.85 and a beta of 1.03. The firm’s 50 day moving average price is $140.96 and its 200-day moving average price is $132.99.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same period in the prior year, the business posted $2.15 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be given a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. Dell Technologies’s dividend payout ratio is presently 28.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DELL shares. Mizuho increased their target price on shares of Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a report on Friday, August 29th. Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Susquehanna upped their price target on Dell Technologies from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, October 8th. Finally, Daiwa Capital Markets lifted their price objective on Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. Sixteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $162.84.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 509,191 shares of Dell Technologies stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $146.12, for a total transaction of $74,402,988.92. Following the completion of the sale, the director directly owned 3 shares in the company, valued at $438.36. This trade represents a 100.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were 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 directly owned 1,172,428 shares in the company, valued at $161,935,755.36. This trade represents a 5.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,124,859 shares of company stock valued at $459,133,225 over the last quarter. 42.00% of the stock is owned by insiders.

About Dell Technologies

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.