Woodard & Co. Asset Management Group Inc. ADV Acquires Shares of 14,074 Dell Technologies Inc. $DELL

Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in Dell Technologies Inc. (NYSE:DELL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,074 shares of the technology company’s stock, valued at approximately $1,995,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Dell Technologies by 4.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock valued at $40,990,000 after purchasing an additional 12,695 shares in the last quarter. Carnegie Investment Counsel raised its holdings in Dell Technologies by 904.0% in the 3rd quarter. Carnegie Investment Counsel now owns 18,484 shares of the technology company’s stock valued at $2,620,000 after buying an additional 16,643 shares during the last quarter. Shikiar Asset Management Inc. acquired a new stake in Dell Technologies during the 3rd quarter worth approximately $5,417,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in Dell Technologies by 8.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 800,382 shares of the technology company’s stock worth $113,470,000 after acquiring an additional 63,924 shares during the last quarter. Finally, William Allan Corp increased its position in Dell Technologies by 47.6% in the 2nd quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock valued at $3,175,000 after acquiring an additional 8,355 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Performance

Dell Technologies stock opened at $113.16 on Thursday. The stock has a market capitalization of $74.99 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 0.74 and a beta of 1.03. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08. The stock’s 50 day moving average price is $127.18 and its two-hundred day moving average price is $133.80.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. Dell Technologies’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. On average, equities research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is 28.00%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the sale, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. The trade was a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 42.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, November 17th. Susquehanna raised their target price on Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. TD Cowen upped their price target on Dell Technologies from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Bank of America increased their price target on Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Finally, Raymond James Financial lifted their price objective on Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.