Verity & Verity LLC Raises Position in Dell Technologies Inc. $DELL

Verity & Verity LLC lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 3.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,195 shares of the technology company’s stock after acquiring an additional 4,606 shares during the quarter. Dell Technologies accounts for about 1.5% of Verity & Verity LLC’s portfolio, making the stock its 24th largest position. Verity & Verity LLC’s holdings in Dell Technologies were worth $19,167,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Carnegie Investment Counsel grew its holdings in Dell Technologies by 904.0% during the third quarter. Carnegie Investment Counsel now owns 18,484 shares of the technology company’s stock worth $2,620,000 after acquiring an additional 16,643 shares during the period. Shikiar Asset Management Inc. purchased a new stake in shares of Dell Technologies during the 3rd quarter worth $5,417,000. William Allan Corp grew its stake in shares of Dell Technologies by 47.6% during the 2nd quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock worth $3,175,000 after purchasing an additional 8,355 shares during the period. Modera Wealth Management LLC purchased a new position in shares of Dell Technologies in the 2nd quarter valued at about $241,000. Finally, WASHINGTON TRUST Co boosted its holdings in Dell Technologies by 11,037.8% during the second quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock worth $10,801,000 after buying an additional 87,309 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Trading Up 1.5%

Dell Technologies stock opened at $127.73 on Friday. The stock has a market cap of $84.64 billion, a PE ratio of 17.03, a P/E/G ratio of 0.84 and a beta of 1.03. The stock has a 50-day moving average price of $136.13 and a 200 day moving average price of $133.88. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $168.08.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.15 earnings per share. 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 analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently declared 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is currently 28.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DELL shares. Evercore ISI set a $180.00 target price on shares of Dell Technologies and gave the company an “outperform” rating in a report on Monday, November 3rd. The Goldman Sachs Group lifted their price objective on Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Susquehanna upped their target price on Dell Technologies from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Mizuho lifted their price target on Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Finally, Barclays lowered their price objective on shares of Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 26th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $162.84.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of Dell Technologies stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total value of $80,739,838.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Egon Durban sold 71,000 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. The trade was a 5.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,710,159 shares of company stock valued at $260,506,809. 42.00% of the stock is currently owned by insiders.

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.