Dell Technologies Inc. $DELL Shares Purchased by Lbp Am Sa

Lbp Am Sa boosted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 654.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 54,902 shares of the technology company’s stock after acquiring an additional 47,624 shares during the period. Lbp Am Sa’s holdings in Dell Technologies were worth $6,731,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies during the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new position in Dell Technologies during the 1st quarter worth approximately $26,000. Cheviot Value Management LLC acquired a new position in Dell Technologies during the 1st quarter worth approximately $27,000. Flaharty Asset Management LLC acquired a new position in Dell Technologies during the 1st quarter worth approximately $27,000. Finally, Cullen Frost Bankers Inc. grew its holdings in Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock worth $28,000 after acquiring an additional 222 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on DELL shares. Wells Fargo & Company boosted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. UBS Group boosted their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Susquehanna restated a “neutral” rating and set a $125.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 13th. KeyCorp began coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They set a “sector weight” rating for the company. Finally, Daiwa Capital Markets boosted their price objective on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and a consensus price target of $148.67.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $149.46 on Thursday. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $149.68. The stock has a market capitalization of $100.49 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 0.97 and a beta of 1.04. The company has a 50-day simple moving average of $131.27 and a 200-day simple moving average of $114.29.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. During the same quarter in the prior year, the firm earned $1.89 earnings per share. The business’s quarterly 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, research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm 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 is Tuesday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 1.4%. Dell Technologies’s dividend payout ratio is 30.88%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 725 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $126.39, for a total transaction of $91,632.75. Following the completion of the transaction, the director owned 23,680 shares in the company, valued at approximately $2,992,915.20. This represents a 2.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 12,481 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $130.62, for a total transaction of $1,630,268.22. The disclosure for this sale can be found here. Insiders have sold a total of 3,204,462 shares of company stock worth $420,370,484 over the last three months. 42.00% of the stock is currently owned by corporate insiders.

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).