Ameritas Advisory Services LLC Lowers Stock Holdings in Dell Technologies Inc. $DELL

Ameritas Advisory Services LLC reduced its position in Dell Technologies Inc. (NYSE:DELLFree Report) by 60.2% in the 2nd quarter, Holdings Channel reports. The fund owned 2,145 shares of the technology company’s stock after selling 3,243 shares during the period. Ameritas Advisory Services LLC’s holdings in Dell Technologies were worth $263,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cromwell Holdings LLC purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $99,000. Ashton Thomas Securities LLC grew its stake in Dell Technologies by 20.3% in the 2nd quarter. Ashton Thomas Securities LLC now owns 4,524 shares of the technology company’s stock worth $555,000 after acquiring an additional 764 shares during the period. Hilltop National Bank purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $810,000. Triad Wealth Partners LLC purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $273,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Dell Technologies by 29.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,533 shares of the technology company’s stock valued at $5,215,000 after buying an additional 9,788 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Barclays boosted their price objective on shares of Dell Technologies from $131.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 17th. Raymond James Financial boosted their price objective on shares of Dell Technologies from $150.00 to $152.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Fox Advisors cut shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Wall Street Zen raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Finally, Morgan Stanley boosted their price objective on shares of Dell Technologies from $135.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.

Check Out Our Latest Stock Report on Dell Technologies

Dell Technologies Price Performance

Shares of DELL stock opened at $150.79 on Wednesday. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $154.70. The firm has a market capitalization of $101.39 billion, a P/E ratio of 22.18, a P/E/G ratio of 1.00 and a beta of 1.05. The company’s fifty day moving average price is $132.43 and its two-hundred day moving average price is $115.74.

Dell Technologies (NYSE:DELLGet Free Report) last issued its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same quarter in the previous year, the business posted $1.89 EPS. 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. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The business 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 $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s dividend payout ratio is 30.88%.

Insider Activity at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 2,220 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $146.07, for a total transaction of $324,275.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,781,682 shares of company stock worth $505,183,267. Company insiders own 42.00% of the company’s stock.

Dell Technologies Company Profile

(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

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

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