Argyle Capital Management LLC Acquires 461 Shares of Dell Technologies Inc. $DELL

Argyle Capital Management LLC boosted its holdings in Dell Technologies Inc. (NYSE:DELL) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,896 shares of the technology company’s stock after buying an additional 461 shares during the quarter. Argyle Capital Management LLC’s holdings in Dell Technologies were worth $2,439,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DELL. Smallwood Wealth Investment Management LLC acquired a new stake in Dell Technologies during the 1st quarter valued at approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in Dell Technologies during the 1st quarter valued at approximately $26,000. Cheviot Value Management LLC acquired a new stake in Dell Technologies during the 1st quarter valued at approximately $27,000. Flaharty Asset Management LLC acquired a new stake in Dell Technologies during the 1st quarter valued at approximately $27,000. Finally, Cullen Frost Bankers Inc. increased its position in Dell Technologies by 270.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock valued at $28,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DELL. TD Cowen raised their price objective on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday. Citigroup raised their price objective on shares of Dell Technologies from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday. Wall Street Zen raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Evercore ISI raised their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, August 15th. Finally, Daiwa Capital Markets raised their price objective on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Seventeen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $160.53.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total transaction of $112,183,364.02. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total value of $74,760,800.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,191,683 shares of company stock worth $578,511,613. Company insiders own 42.00% of the company’s stock.

Dell Technologies Trading Down 5.2%

NYSE DELL opened at $156.05 on Friday. The company has a fifty day simple moving average of $133.51 and a 200 day simple moving average of $116.47. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $166.10. The company has a market cap of $104.92 billion, a P/E ratio of 22.95, a PEG ratio of 1.12 and a beta of 1.05.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business had revenue of $29.78 billion for the quarter, compared to analysts’ expectations of $29.14 billion. During the same period last year, the business earned $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. Sell-side analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

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 paid a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.3%. Dell Technologies’s dividend payout ratio (DPR) is 30.88%.

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).