True Freedom Investing LLC Acquires 2,257 Shares of Dell Technologies Inc. $DELL

True Freedom Investing LLC acquired a new position in Dell Technologies Inc. (NYSE:DELL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,257 shares of the technology company’s stock, valued at approximately $1,214,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pinkerton Wealth LLC acquired a new stake in Dell Technologies in the third quarter worth about $660,000. Hoey Investments Inc. increased its holdings in shares of Dell Technologies by 17.1% during the third quarter. Hoey Investments Inc. now owns 6,143 shares of the technology company’s stock valued at $3,305,000 after acquiring an additional 895 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Dell Technologies during the third quarter valued at about $45,098,000. ProShare Advisors LLC increased its holdings in shares of Dell Technologies by 6.7% during the third quarter. ProShare Advisors LLC now owns 58,769 shares of the technology company’s stock valued at $31,615,000 after acquiring an additional 3,713 shares in the last quarter. Finally, Vise Technologies Inc. raised its position in shares of Dell Technologies by 7.7% in the 3rd quarter. Vise Technologies Inc. now owns 34,851 shares of the technology company’s stock valued at $18,748,000 after purchasing an additional 2,481 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DELL has been the topic of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. KeyCorp reaffirmed a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Morgan Stanley lifted their price objective on shares of Dell Technologies from $499.00 to $511.00 and gave the stock an “equal weight” rating in a research note on Monday, September 21st. Cantor Fitzgerald started coverage on shares of Dell Technologies in a report on Wednesday, September 2nd. They set an “overweight” rating on the stock. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Dell Technologies in a research report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Stock Down 0.2%

Dell Technologies stock opened at $423.63 on Monday. The stock has a 50-day moving average price of $513.74 and a 200 day moving average price of $330.29. The company has a market capitalization of $269.35 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 0.44 and a beta of 1.45. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the company earned $1.70 EPS. Dell Technologies’s quarterly revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Research analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 44,408 shares of the business’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the completion of the transaction, the director directly owned 43,740 shares in the company, valued at $25,469,802. The trade was a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $460.00, for a total transaction of $930,120.00. Following the completion of the sale, the director directly owned 25,686 shares in the company, valued at approximately $11,815,560. The trade was a 7.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is owned by corporate insiders.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.