Hartford Investment Management Co. Sells 735 Shares of Dell Technologies Inc. $DELL

Hartford Investment Management Co. lessened its holdings in Dell Technologies Inc. (NYSE:DELL) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,084 shares of the technology company’s stock after selling 735 shares during the quarter. Hartford Investment Management Co.’s holdings in Dell Technologies were worth $2,217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its position in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Dell Technologies by 80.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,164 shares of the technology company’s stock worth $106,000 after buying an additional 519 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Dell Technologies by 74.2% during the 1st quarter. Versant Capital Management Inc now owns 547 shares of the technology company’s stock worth $50,000 after buying an additional 233 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Dell Technologies by 17,655.6% during the 1st quarter. GAMMA Investing LLC now owns 539,061 shares of the technology company’s stock worth $49,135,000 after buying an additional 536,025 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Dell Technologies by 8.3% during the 1st quarter. Parallel Advisors LLC now owns 6,363 shares of the technology company’s stock worth $580,000 after buying an additional 487 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 725 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $126.39, for a total value of $91,632.75. Following the completion of the transaction, the director owned 23,680 shares of the company’s stock, valued at approximately $2,992,915.20. The trade was a 2.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,191,981 shares of company stock valued at $418,740,215. 42.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Bank of America increased their price target on Dell Technologies from $165.00 to $167.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Sanford C. Bernstein began coverage on Dell Technologies in a research report on Monday, September 15th. They set an “outperform” rating and a $175.00 price target on the stock. Raymond James Financial raised their price objective on Dell Technologies from $150.00 to $152.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Wall Street Zen raised Dell Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Finally, Susquehanna reaffirmed a “neutral” rating and set a $125.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 13th. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $147.67.

Dell Technologies Stock Performance

Dell Technologies stock opened at $130.79 on Friday. The stock has a 50-day moving average of $130.39 and a two-hundred day moving average of $113.44. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66. The stock has a market cap of $87.94 billion, a PE ratio of 19.23, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company had revenue of $29.78 billion during the quarter, compared to analysts’ expectations of $29.14 billion. During the same period last year, the business posted $1.89 earnings per share. The firm’s revenue 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. As a group, sell-side analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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

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).