Egon Durban Sells 71,000 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) Director Egon Durban sold 71,000 shares of the firm’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 transaction, the director directly owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. This represents a 5.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dell Technologies Price Performance

Dell Technologies stock opened at $129.82 on Friday. The stock’s fifty day moving average is $143.49 and its two-hundred day moving average is $132.28. The stock has a market cap of $87.28 billion, a PE ratio of 17.31, a P/E/G ratio of 0.93 and a beta of 1.03. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business 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 expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s payout ratio is currently 28.00%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. TD Cowen lifted their price target on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Mizuho raised their price objective on Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Daiwa Capital Markets boosted their target price on Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Barclays dropped their price target on Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 26th. Finally, Susquehanna lifted their price target on Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.84.

Institutional Trading of Dell Technologies

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

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).