Magnolia Capital Management Ltd. Makes New $223,000 Investment in Dell Technologies Inc. $DELL

Magnolia Capital Management Ltd. purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,815 shares of the technology company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at about $29,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at about $26,000. Cheviot Value Management LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at about $27,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at about $27,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Price Performance

DELL opened at $150.79 on Wednesday. The company’s 50 day simple moving average is $132.43 and its two-hundred day simple moving average is $115.74. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $154.70. The firm has a market capitalization of $101.39 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 1.00 and a beta of 1.05.

Dell Technologies (NYSE:DELL) 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. 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 analyst estimates of $29.14 billion. During the same period last year, the company posted $1.89 EPS. The business’s revenue was up 19.0% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a $0.525 dividend. The ex-dividend date of this dividend 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%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DELL. Bank of America raised their target price on Dell Technologies from $167.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. JPMorgan Chase & Co. raised their target price on Dell Technologies from $125.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Cowen reiterated a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Citigroup lifted their price objective on Dell Technologies from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Finally, Susquehanna reiterated a “neutral” rating and issued a $125.00 price objective on shares of Dell Technologies in a report on Wednesday, August 13th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $148.67.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 725 shares of the business’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 value of $91,632.75. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director V (Gp) L.L.C. Slta sold 2,220 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $146.07, for a total value of $324,275.40. The disclosure for this sale can be found here. Insiders sold 3,781,682 shares of company stock worth $505,183,267 in the last ninety days. 42.00% of the stock is owned by company insiders.

About Dell Technologies

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).