Dell Technologies Inc. $DELL Shares Sold by Watts Gwilliam & Co. LLC

Watts Gwilliam & Co. LLC decreased its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 81.7% during the second quarter, HoldingsChannel reports. The firm owned 3,114 shares of the technology company’s stock after selling 13,895 shares during the quarter. Watts Gwilliam & Co. LLC’s holdings in Dell Technologies were worth $411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. State Street Corp grew its holdings in shares of Dell Technologies by 2.1% during the second quarter. State Street Corp now owns 14,099,317 shares of the technology company’s stock valued at $1,728,576,000 after buying an additional 292,167 shares during the last quarter. Boston Partners lifted its position in Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after acquiring an additional 771,966 shares during the period. Norges Bank purchased a new stake in Dell Technologies during the 2nd quarter valued at about $528,279,000. Ameriprise Financial Inc. increased its holdings in shares of Dell Technologies by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after purchasing an additional 867,071 shares during the period. Finally, Alkeon Capital Management LLC raised its stake in shares of Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after purchasing an additional 931,032 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ellen Jamison Kullman sold 79,806 shares of Dell Technologies stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $153.56, for a total transaction of $12,255,009.36. Following the transaction, the director directly owned 65,662 shares in the company, valued at $10,083,056.72. This trade represents a 54.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 4,008,030 shares of company stock valued at $576,159,860. 42.00% of the stock is owned by insiders.

Dell Technologies Trading Up 0.4%

Shares of DELL stock opened at $130.52 on Tuesday. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $168.08. The business’s 50 day moving average is $143.18 and its two-hundred day moving average is $132.66. The company has a market capitalization of $87.76 billion, a P/E ratio of 17.40, a P/E/G ratio of 0.87 and a beta of 1.03.

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 analysts’ consensus estimates of $2.47 by $0.12. The firm had revenue of $27.01 billion for the quarter, compared to analyst estimates 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 was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share 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. Stockholders of record on Tuesday, January 20th will be paid 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 dividend yield of 1.6%. Dell Technologies’s payout ratio is currently 28.00%.

Analyst Ratings Changes

DELL has been the subject of a number of recent research reports. Sanford C. Bernstein raised their price target on shares of Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Argus raised their target price on shares of Dell Technologies from $150.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. 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. Wall Street Zen downgraded Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, 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. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $162.84.

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).