New Century Financial Group LLC Takes $1.20 Million Position in Dell Technologies Inc. $DELL

New Century Financial Group LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL) during the 2nd quarter, HoldingsChannel reports. The firm purchased 9,760 shares of the technology company’s stock, valued at approximately $1,197,000. Dell Technologies accounts for about 1.4% of New Century Financial Group LLC’s portfolio, making the stock its 25th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in 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. Boston Partners lifted its position in Dell Technologies by 34.4% in the 1st quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock valued at $466,418,000 after purchasing an additional 1,312,600 shares during the last quarter. Deutsche Bank AG boosted its stake in Dell Technologies by 38.1% during the 1st quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company’s stock valued at $377,508,000 after purchasing an additional 1,142,012 shares during the period. Alkeon Capital Management LLC grew its position in Dell Technologies by 41.4% in the 1st quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after purchasing an additional 931,032 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Dell Technologies by 20.5% in the first quarter. Invesco Ltd. now owns 2,952,829 shares of the technology company’s stock valued at $269,150,000 after purchasing an additional 502,764 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Stock Down 1.6%

Dell Technologies stock opened at $147.28 on Friday. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $152.10. The stock has a market cap of $99.03 billion, a P/E ratio of 21.66, a P/E/G ratio of 1.03 and a beta of 1.04. The company’s fifty day simple moving average is $131.65 and its 200-day simple moving average is $114.63.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.03. The firm had revenue of $29.78 billion for 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%.The business’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 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, equities research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.4%. Dell Technologies’s dividend payout ratio is currently 30.88%.

Wall Street Analyst Weigh In

DELL has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their price target on Dell Technologies from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday. Wells Fargo & Company lifted their price target on Dell Technologies from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Barclays upped their price objective on shares of Dell Technologies from $131.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 17th. Bank of America lifted their target price on shares of Dell Technologies from $167.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Sixteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $148.67.

Insider Buying and Selling

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 725 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $126.39, for a total transaction 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. This represents a 2.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 12,481 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $130.62, for a total transaction of $1,630,268.22. The disclosure for this sale can be found here. Insiders have sold a total of 3,204,462 shares of company stock valued at $420,370,484 in the last quarter. Company insiders own 42.00% of the company’s stock.

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).