Dell Technologies Inc. $DELL Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC decreased its stake in Dell Technologies Inc. (NYSE:DELL) by 34.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,330 shares of the technology company’s stock after selling 6,045 shares during the quarter. Belpointe Asset Management LLC’s holdings in Dell Technologies were worth $1,389,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Central Pacific Bank Trust Division acquired a new stake in shares of Dell Technologies in the second quarter valued at about $29,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Dell Technologies in the first quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new position in shares of Dell Technologies in the first quarter worth about $26,000. Cheviot Value Management LLC purchased a new position in shares of Dell Technologies in the first quarter worth about $27,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of Dell Technologies in the first quarter worth about $27,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Price Performance

Shares of DELL opened at $150.79 on Wednesday. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $154.70. The stock has a market cap of $101.39 billion, a PE ratio of 22.18, a P/E/G ratio of 1.00 and a beta of 1.05. The firm has a 50-day simple moving average of $132.43 and a two-hundred day simple moving average of $115.74.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $29.14 billion. During the same period last year, the business earned $1.89 earnings per share. The business’s revenue for the quarter 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. As a group, sell-side analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Insider Activity at Dell Technologies

In related news, Director William D. Green sold 65,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $150.50, for a total value of $9,782,500.00. Following the completion of the transaction, the director owned 47,619 shares in the company, valued at approximately $7,166,659.50. The trade was a 57.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total transaction of $74,760,800.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,781,682 shares of company stock worth $505,183,267. Corporate insiders own 42.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DELL shares. Wall Street Zen raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. UBS Group raised their price target on shares of Dell Technologies from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. 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 note on Wednesday, October 1st. Morgan Stanley lifted their target price on shares of Dell Technologies from $135.00 to $144.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Daiwa Capital Markets lifted their target price on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $148.67.

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).