Dell Technologies Inc. $DELL Shares Sold by Swedbank AB

Swedbank AB lessened its holdings in Dell Technologies Inc. (NYSE:DELL) by 7.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 645,973 shares of the technology company’s stock after selling 48,732 shares during the quarter. Swedbank AB owned about 0.10% of Dell Technologies worth $91,580,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Winnow Wealth LLC purchased a new stake in Dell Technologies in the second quarter valued at $25,000. Flaharty Asset Management LLC acquired a new stake in Dell Technologies during the first quarter worth about $27,000. Westside Investment Management Inc. lifted its holdings in Dell Technologies by 84.7% in 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 acquired a new stake in shares of Dell Technologies during the 2nd quarter worth approximately $28,000. Finally, Central Pacific Bank Trust Division acquired a new position in shares of Dell Technologies in the 2nd quarter valued at $29,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Zacks Research downgraded Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Citigroup reiterated a “buy” rating on shares of Dell Technologies in a report on Wednesday, November 26th. UBS Group dropped their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. The Goldman Sachs Group lifted their price objective on shares of Dell Technologies from $175.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. lifted their price objective on Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $162.84.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 6,617 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total value of $1,003,335.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ellen Jamison Kullman sold 79,806 shares of Dell Technologies stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $153.56, for a total value of $12,255,009.36. Following the sale, the director owned 65,662 shares in the company, valued at $10,083,056.72. This represents a 54.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,287,379 shares of company stock valued at $345,319,592 over the last three months. Insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

Dell Technologies stock opened at $128.63 on Thursday. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The company has a market cap of $85.24 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 0.85 and a beta of 1.03. The stock’s 50 day moving average price is $139.49 and its 200 day moving average price is $133.30.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (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 firm had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. Dell Technologies’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. On average, equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is presently 28.00%.

Dell Technologies 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.