Dell Technologies Inc. $DELL Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 8.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 346,753 shares of the technology company’s stock after selling 32,300 shares during the quarter. New York State Common Retirement Fund’s holdings in Dell Technologies were worth $49,159,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Winnow Wealth LLC purchased a new position in Dell Technologies in the second quarter valued at approximately $25,000. Westside Investment Management Inc. grew its position in shares of Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Dell Technologies during the 2nd quarter worth $28,000. NewSquare Capital LLC raised its stake in Dell Technologies by 96.9% during the 2nd quarter. NewSquare Capital LLC now owns 254 shares of the technology company’s stock worth $31,000 after acquiring an additional 125 shares in the last quarter. Finally, Johnson Financial Group Inc. boosted its stake in Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction that occurred on 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 42.00% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on DELL shares. Raymond James Financial boosted their target price on Dell Technologies from $161.00 to $166.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Wall Street Zen raised Dell Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, January 25th. Morgan Stanley increased their price objective on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a report on Wednesday, November 26th. Mizuho lifted their target price on shares of Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Finally, Daiwa Capital Markets upped their price target on shares of Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Price Performance

Dell Technologies stock opened at $114.39 on Friday. The business has a 50 day simple moving average of $126.00 and a 200-day simple moving average of $133.27. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $168.08. The stock has a market capitalization of $75.81 billion, a PE ratio of 15.25, a price-to-earnings-growth ratio of 0.79 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data 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 company 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%. Dell Technologies’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.15 EPS. 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. As a group, equities research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, January 20th. Dell Technologies’s payout ratio is currently 28.00%.

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.