3,652 Shares in Dell Technologies Inc. $DELL Purchased by Firethorn Wealth Partners LLC

Firethorn Wealth Partners LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,652 shares of the technology company’s stock, valued at approximately $448,000.

A number of other hedge funds also recently bought and sold shares of DELL. Brighton Jones LLC raised its position in Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares in the last quarter. Merit Financial Group LLC raised its position in Dell Technologies by 67.2% in the 1st quarter. Merit Financial Group LLC now owns 6,051 shares of the technology company’s stock valued at $552,000 after purchasing an additional 2,431 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Dell Technologies by 48.4% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,533 shares of the technology company’s stock valued at $140,000 after purchasing an additional 500 shares in the last quarter. Generali Investments Management Co LLC increased its holdings in shares of Dell Technologies by 28.4% in the 1st quarter. Generali Investments Management Co LLC now owns 1,414 shares of the technology company’s stock valued at $129,000 after acquiring an additional 313 shares during the last quarter. Finally, Intellectus Partners LLC increased its holdings in shares of Dell Technologies by 4.1% in the 1st quarter. Intellectus Partners LLC now owns 8,334 shares of the technology company’s stock valued at $760,000 after acquiring an additional 328 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Down 4.6%

NYSE:DELL opened at $140.64 on Friday. The stock’s 50 day moving average price is $131.84 and its 200 day moving average price is $115.05. The company has a market capitalization of $94.56 billion, a PE ratio of 20.68, a P/E/G ratio of 0.96 and a beta of 1.05. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $152.10.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping 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 firm’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the business 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 fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 30.88%.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $125.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Sanford C. Bernstein initiated coverage on Dell Technologies in a report on Monday, September 15th. They issued an “outperform” rating and a $175.00 price objective on the stock. Bank of America increased their price objective on Dell Technologies from $167.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday. Citigroup increased their price objective on Dell Technologies from $135.00 to $160.00 and gave the company a “buy” rating in a report on Monday, August 11th. Finally, UBS Group increased their price objective on Dell Technologies from $145.00 to $155.00 and gave the company a “buy” rating in a report on Friday, August 29th. Sixteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.67.

Insider Buying and Selling

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 2,220 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $146.07, for a total transaction of $324,275.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. The disclosure for this sale can be found here. Insiders sold a total of 3,781,682 shares of company stock valued at $505,183,267 over the last 90 days. Insiders own 42.00% of the company’s stock.

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).