Phoenix Financial Ltd. Grows Holdings in Dell Technologies Inc. $DELL

Phoenix Financial Ltd. raised its position in shares of Dell Technologies Inc. (NYSE:DELL) by 95.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,792 shares of the technology company’s stock after purchasing an additional 16,488 shares during the quarter. Phoenix Financial Ltd.’s holdings in Dell Technologies were worth $4,923,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Winnow Wealth LLC purchased a new position in shares of Dell Technologies during the 2nd quarter valued at $25,000. Westside Investment Management Inc. raised its holdings in Dell Technologies by 84.7% during the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Dell Technologies in the second quarter valued at about $28,000. NewSquare Capital LLC boosted its stake in shares of Dell Technologies by 96.9% in the second quarter. NewSquare Capital LLC now owns 254 shares of the technology company’s stock worth $31,000 after acquiring an additional 125 shares during the period. Finally, Johnson Financial Group Inc. grew its position in shares of Dell Technologies by 66.2% during the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock worth $31,000 after purchasing an additional 100 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Zacks Research cut Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. TD Cowen upped their target price on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research note on Sunday. Morgan Stanley boosted their price target on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 26th. Finally, Citic Securities raised their price objective on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Eighteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.26.

Dell Technologies Stock Up 0.4%

Dell Technologies stock opened at $115.89 on Tuesday. The company’s 50-day moving average price is $126.34 and its 200-day moving average price is $133.65. The company has a market cap of $76.80 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 0.77 and a beta of 1.03. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $168.08.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS 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 quarter last year, the business posted $2.15 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. 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. As a group, sell-side analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be given a $0.525 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.8%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Insider Buying and Selling

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction 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. The trade was a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 42.00% of the stock is owned by insiders.

Dell Technologies Company Profile

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.