805 Shares in Dell Technologies Inc. $DELL Purchased by Cromwell Holdings LLC

Cromwell Holdings LLC acquired a new position in Dell Technologies Inc. (NYSE:DELLFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 805 shares of the technology company’s stock, valued at approximately $99,000.

Several other large investors also recently added to or reduced their stakes in DELL. Smallwood Wealth Investment Management LLC purchased a new position in Dell Technologies during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC purchased a new position in Dell Technologies during the 1st quarter valued at about $26,000. Cheviot Value Management LLC purchased a new position in Dell Technologies during the 1st quarter valued at about $27,000. Flaharty Asset Management LLC purchased a new position in Dell Technologies during the 1st quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. grew its holdings 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 buying an additional 222 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

NYSE:DELL opened at $147.28 on Friday. The business has a 50 day moving average of $131.65 and a 200 day moving average of $114.63. The company has a market capitalization of $99.03 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 1.03 and a beta of 1.04. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $152.10.

Dell Technologies (NYSE:DELLGet Free Report) last released its earnings results 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. The company had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.Dell Technologies’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.89 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

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 given a $0.525 dividend. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.4%. Dell Technologies’s payout ratio is presently 30.88%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director William D. Green sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $140.00, for a total value of $7,000,000.00. Following the completion of the sale, the director owned 45,045 shares in the company, valued at approximately $6,306,300. The trade was a 52.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 725 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $126.39, for a total value of $91,632.75. Following the completion of the sale, the director owned 23,680 shares of the company’s stock, valued at $2,992,915.20. The trade was a 2.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,204,462 shares of company stock worth $420,370,484. 42.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

DELL has been the subject of a number of recent analyst reports. KeyCorp initiated coverage on Dell Technologies in a report on Thursday, June 26th. They set a “sector weight” rating for the company. Daiwa Capital Markets lifted their target price on Dell Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, September 11th. Wells Fargo & Company lifted their target price on Dell Technologies from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, August 29th. The Goldman Sachs Group lifted their price target on Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Susquehanna reiterated a “neutral” rating and set a $125.00 price target on shares of Dell Technologies in a research report on Wednesday, August 13th. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $148.67.

Read Our Latest Stock Analysis on Dell Technologies

About Dell Technologies

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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