GAM Holding AG Invests $3.49 Million in Dell Technologies Inc. $DELL

GAM Holding AG bought a new position in shares of 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 institutional investor bought 24,637 shares of the technology company’s stock, valued at approximately $3,493,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DELL. Winnow Wealth LLC acquired a new stake in shares of Dell Technologies in the second quarter worth $25,000. Flaharty Asset Management LLC acquired a new position in shares of Dell Technologies during the 1st quarter valued at $27,000. Westside Investment Management Inc. boosted its position in Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after purchasing an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Dell Technologies in the 2nd quarter valued at $28,000. Finally, Central Pacific Bank Trust Division purchased a new position in Dell Technologies in the second quarter valued at about $29,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Price Performance

DELL opened at $127.73 on Friday. The stock has a market capitalization of $84.64 billion, a PE ratio of 17.03, a P/E/G ratio of 0.84 and a beta of 1.03. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $168.08. The firm’s fifty day moving average price is $136.13 and its 200 day moving average price is $133.88.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter in the previous year, the firm earned $2.15 EPS. The company’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 forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

Insider Activity at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of Dell Technologies stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total value of $80,739,838.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ellen Jamison Kullman sold 79,806 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $153.56, for a total value of $12,255,009.36. Following the sale, the director directly owned 65,662 shares in the company, valued at approximately $10,083,056.72. This represents a 54.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,710,159 shares of company stock worth $260,506,809 over the last quarter. 42.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DELL. Barclays decreased their target price on Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. Mizuho upped their price target on Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a research report on Wednesday, October 8th. Morgan Stanley boosted their target price on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 26th. Finally, Zacks Research downgraded shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Sixteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Company 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.