Oak Harvest Investment Services Purchases 24,267 Shares of Dell Technologies Inc. $DELL

Oak Harvest Investment Services raised its position in Dell Technologies Inc. (NYSE:DELL) by 47.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 75,384 shares of the technology company’s stock after acquiring an additional 24,267 shares during the quarter. Dell Technologies makes up approximately 1.2% of Oak Harvest Investment Services’ portfolio, making the stock its 21st biggest position. Oak Harvest Investment Services’ holdings in Dell Technologies were worth $10,687,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in DELL. Winnow Wealth LLC acquired a new stake in shares of Dell Technologies in the 2nd quarter worth $25,000. Westside Investment Management Inc. boosted 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 worth $27,000 after acquiring an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Dell Technologies during the second quarter worth about $28,000. Central Pacific Bank Trust Division acquired a new position in shares of Dell Technologies during the second quarter valued at about $29,000. Finally, Johnson Financial Group Inc. raised its position in shares of Dell Technologies by 66.2% in the 2nd quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of the stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $161.48, for a total transaction of $80,739,838.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the transaction, the director owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 2,287,379 shares of company stock worth $345,319,592. Insiders own 42.00% of the company’s stock.

Analysts Set New Price Targets

DELL has been the topic of several research analyst reports. Citic Securities boosted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. Citigroup reissued a “buy” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Wells Fargo & Company raised their target price on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Zacks Research downgraded Dell Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, TD Cowen raised their price objective on Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Sixteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $162.84.

Dell Technologies Stock Performance

Shares of DELL opened at $127.35 on Tuesday. The business’s 50-day moving average is $138.23 and its two-hundred day moving average is $133.77. The company has a market capitalization of $84.39 billion, a P/E ratio of 16.98, a P/E/G ratio of 0.86 and a beta of 1.03. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08.

Dell Technologies (NYSE:DELL) last issued its 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 firm had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently announced 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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s payout ratio is 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.