Meiji Yasuda Asset Management Co Ltd. Sells 1,299 Shares of Dell Technologies Inc. $DELL

Meiji Yasuda Asset Management Co Ltd. trimmed its position in Dell Technologies Inc. (NYSE:DELL) by 19.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,495 shares of the technology company’s stock after selling 1,299 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Dell Technologies were worth $501,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of Dell Technologies in the first quarter valued at about $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Dell Technologies in the first quarter worth about $26,000. Cheviot Value Management LLC purchased a new position in Dell Technologies during the 1st quarter valued at about $27,000. Cullen Frost Bankers Inc. raised its position in Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock valued at $28,000 after purchasing an additional 222 shares during the last quarter. Finally, Crowley Wealth Management Inc. lifted its holdings in Dell Technologies by 86.2% in the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company’s stock worth $30,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 173,100 shares of the company’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $126.01, for a total value of $21,812,331.00. Following the transaction, the director owned 980,295 shares in the company, valued at $123,526,972.95. The trade was a 15.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William F. Scannell sold 91,230 shares of the firm’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $118.42, for a total transaction of $10,803,456.60. Following the sale, the insider owned 56,429 shares of the company’s stock, valued at approximately $6,682,322.18. This represents a 61.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,618,897 shares of company stock valued at $1,428,008,024 in the last ninety days. Corporate insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $124.32 on Thursday. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The firm has a market cap of $84.39 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 0.83 and a beta of 1.01. The company has a 50-day moving average of $129.35 and a 200 day moving average of $110.84.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business had revenue of $29.78 billion for the quarter, compared to analysts’ expectations of $29.14 billion. During the same quarter in the prior year, the company earned $1.89 earnings per share. The business’s revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, equities analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is 30.88%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DELL. Wells Fargo & Company boosted their target price on Dell Technologies from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Mizuho boosted their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Monday, May 19th. Barclays raised their target price on shares of Dell Technologies from $123.00 to $131.00 and gave the stock an “equal weight” rating in a research report on Friday, August 29th. Raymond James Financial boosted their price target on shares of Dell Technologies from $150.00 to $152.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $146.31.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).