KRS Capital Management LLC Sells 746 Shares of Dell Technologies Inc. $DELL

KRS Capital Management LLC lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 15.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,021 shares of the technology company’s stock after selling 746 shares during the quarter. KRS Capital Management LLC’s holdings in Dell Technologies were worth $493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in DELL. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Dell Technologies during the 1st quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Dell Technologies during the 1st quarter valued at $26,000. Cheviot Value Management LLC purchased a new stake in shares of Dell Technologies during the 1st quarter valued at $27,000. Flaharty Asset Management LLC purchased a new stake in shares of Dell Technologies during the 1st quarter valued at $27,000. Finally, Cullen Frost Bankers Inc. raised its position in shares of Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock valued at $28,000 after buying an additional 222 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

DELL has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Dell Technologies from $145.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday. Citigroup lifted their target price on shares of Dell Technologies from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday. Morgan Stanley lifted their target price on shares of Dell Technologies from $135.00 to $144.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Fox Advisors cut shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Finally, Mizuho lifted their target price on shares of Dell Technologies from $160.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday. Seventeen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $160.53.

Dell Technologies Trading Down 5.2%

DELL stock opened at $156.05 on Friday. The firm’s 50-day moving average price is $133.51 and its two-hundred day moving average price is $116.47. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $166.10. The stock has a market capitalization of $104.92 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 1.12 and a beta of 1.05.

Dell Technologies (NYSE:DELL) last released 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 net margin of 4.73% and a negative return on equity of 236.21%. The firm had revenue of $29.78 billion for the quarter, compared to analysts’ expectations of $29.14 billion. During the same quarter in the previous year, the company earned $1.89 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.3%. Dell Technologies’s payout ratio is presently 30.88%.

Insider Transactions at Dell Technologies

In other news, Director William D. Green sold 65,000 shares of Dell Technologies stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the sale, the director owned 47,619 shares of the company’s stock, valued at approximately $7,166,659.50. The trade was a 57.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 19,256 shares of Dell Technologies stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $154.21, for a total transaction of $2,969,467.76. The disclosure for this sale can be found here. Insiders have sold a total of 4,191,683 shares of company stock worth $578,511,613 in the last ninety days. Insiders own 42.00% of the company’s stock.

Dell Technologies 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).