Optas LLC Purchases New Shares in Dell Technologies Inc. $DELL

Optas LLC purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELL) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,893 shares of the technology company’s stock, valued at approximately $477,000.

Other hedge funds also recently made changes to their positions in the company. Central Pacific Bank Trust Division bought a new stake in shares of Dell Technologies during the second quarter valued at approximately $29,000. Smallwood Wealth Investment Management LLC bought a new stake in Dell Technologies in the first quarter worth $25,000. N.E.W. Advisory Services LLC bought a new stake in Dell Technologies in the first quarter worth $26,000. Cheviot Value Management LLC bought a new stake in Dell Technologies in the first quarter worth $27,000. Finally, Flaharty Asset Management LLC bought a new stake in Dell Technologies in the first quarter worth $27,000. 76.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Bank of America boosted their target price on Dell Technologies from $167.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Mizuho boosted their price target on Dell Technologies from $160.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday. Wells Fargo & Company boosted their price target on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday. Daiwa Capital Markets boosted their price target on Dell Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Finally, Citigroup boosted their price target on Dell Technologies from $160.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday. Seventeen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $160.53.

Dell Technologies Stock Performance

Dell Technologies stock opened at $156.05 on Friday. The stock has a fifty day moving average of $133.51 and a 200 day moving average of $116.47. The stock has a market cap of $104.92 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.12 and a beta of 1.05. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $166.10.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. The business had revenue of $29.78 billion during the quarter, compared to analysts’ expectations of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business’s quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.89 earnings per share. 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 predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared 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 is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.3%. Dell Technologies’s dividend payout ratio is presently 30.88%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director William D. Green sold 65,000 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $150.50, for a total value of $9,782,500.00. Following the completion of the sale, the director owned 47,619 shares in the company, valued at $7,166,659.50. This represents a 57.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 19,256 shares of the company’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $154.21, for a total value of $2,969,467.76. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,191,683 shares of company stock valued at $578,511,613. Company 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).