Lineweaver Wealth Advisors LLC Boosts Holdings in Dell Technologies Inc. $DELL

Lineweaver Wealth Advisors LLC increased its holdings in Dell Technologies Inc. (NYSE:DELLFree Report) by 15.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 17,723 shares of the technology company’s stock after acquiring an additional 2,342 shares during the quarter. Lineweaver Wealth Advisors LLC’s holdings in Dell Technologies were worth $2,173,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in DELL. Boston Partners boosted its holdings in shares of Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock worth $466,418,000 after buying an additional 1,312,600 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Dell Technologies by 4.1% during the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company’s stock valued at $2,653,032,000 after purchasing an additional 1,145,658 shares in the last quarter. Deutsche Bank AG lifted its holdings in Dell Technologies by 38.1% during the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company’s stock valued at $377,508,000 after purchasing an additional 1,142,012 shares in the last quarter. Alkeon Capital Management LLC lifted its holdings in Dell Technologies by 41.4% during the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock valued at $289,657,000 after purchasing an additional 931,032 shares in the last quarter. Finally, Auto Owners Insurance Co lifted its holdings in Dell Technologies by 18,732.9% during the first quarter. Auto Owners Insurance Co now owns 781,000 shares of the technology company’s stock valued at $71,188,000 after purchasing an additional 776,853 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In related news, Director William D. Green sold 50,000 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $140.00, for a total value of $7,000,000.00. Following the sale, the director owned 45,045 shares in the company, valued at approximately $6,306,300. The trade was a 52.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the business’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $127.56, for a total transaction of $76,536,000.00. Following the completion of the sale, the director owned 980,295 shares in the company, valued at $125,046,430.20. This represents a 37.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,527,667 shares of company stock valued at $1,417,204,568 in the last three months. Corporate insiders own 42.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DELL. Susquehanna reaffirmed a “neutral” rating and set a $125.00 price target on shares of Dell Technologies in a report on Wednesday, August 13th. Sanford C. Bernstein began coverage on shares of Dell Technologies in a report on Monday. They set an “outperform” rating and a $175.00 price target on the stock. KeyCorp began coverage on shares of Dell Technologies in a report on Thursday, June 26th. They set a “sector weight” rating on the stock. UBS Group lifted their price target on shares of Dell Technologies from $145.00 to $155.00 and gave the company a “buy” rating in a report on Friday, August 29th. Finally, Barclays lifted their price target on shares of Dell Technologies from $123.00 to $131.00 and gave the company an “equal weight” rating in a report on Friday, August 29th. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $148.00.

View Our Latest Report on DELL

Dell Technologies Price Performance

Dell Technologies stock opened at $127.64 on Wednesday. The stock has a market cap of $85.82 billion, a P/E ratio of 18.77, a PEG ratio of 0.87 and a beta of 1.01. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The firm’s 50 day moving average price is $129.46 and its 200-day moving average price is $111.29.

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

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s payout ratio is currently 30.88%.

About Dell Technologies

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding DELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dell Technologies Inc. (NYSE:DELLFree Report).

Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

Receive News & Ratings for Dell Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dell Technologies and related companies with MarketBeat.com's FREE daily email newsletter.