Iv (Gp) L.L.C. Slta Sells 318,171 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) Director Iv (Gp) L.L.C. Slta sold 318,171 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $132.84, for a total transaction of $42,265,835.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Iv (Gp) L.L.C. Slta also recently made the following trade(s):

• On Monday, September 22nd, Iv (Gp) L.L.C. Slta sold 824,999 shares of Dell Technologies stock. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02.
• On Monday, September 15th, Iv (Gp) L.L.C. Slta sold 600,000 shares of Dell Technologies stock. The stock was sold at an average price of $127.00, for a total transaction of $76,200,000.00.
• On Thursday, July 10th, Iv (Gp) L.L.C. Slta sold 600,000 shares of Dell Technologies stock. The stock was sold at an average price of $127.56, for a total transaction of $76,536,000.00.
• On Thursday, June 26th, Iv (Gp) L.L.C. Slta sold 625,000 shares of Dell Technologies stock. The stock was sold at an average price of $126.20, for a total transaction of $78,875,000.00.

Dell Technologies Stock Down 1.7%

NYSE:DELL opened at $132.00 on Thursday. The company has a fifty day simple moving average of $130.25 and a two-hundred day simple moving average of $112.76. The company has a market cap of $88.75 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 0.92 and a beta of 1.01. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The company’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.89 earnings per share. 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, analysts expect 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, October 31st. Investors of record on Tuesday, October 21st will be paid a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. Dell Technologies’s payout ratio is presently 30.88%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DELL. TD Cowen boosted their target price on shares of Dell Technologies from $125.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, August 29th. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Barclays boosted their target price on shares of Dell Technologies from $131.00 to $133.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 17th. Evercore ISI boosted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, August 15th. Finally, UBS Group upped their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Sixteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $147.67.

Hedge Funds Weigh In On Dell Technologies

Several large investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Dell Technologies in the second quarter valued at about $528,279,000. Boston Partners raised its holdings in shares of Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock valued at $466,418,000 after buying an additional 1,312,600 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Dell Technologies by 628.5% in the second quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after buying an additional 1,185,454 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company’s stock valued at $2,653,032,000 after buying an additional 1,145,658 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in Dell Technologies by 38.1% during the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company’s stock worth $377,508,000 after purchasing an additional 1,142,012 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company 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).