Dell Technologies Inc. $DELL Stake Lowered by Monte Financial Group LLC

Monte Financial Group LLC lessened its stake in Dell Technologies Inc. (NYSE:DELL) by 13.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,813 shares of the technology company’s stock after selling 7,289 shares during the quarter. Dell Technologies accounts for approximately 2.5% of Monte Financial Group LLC’s holdings, making the stock its 6th biggest position. Monte Financial Group LLC’s holdings in Dell Technologies were worth $6,920,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DELL. Norges Bank bought a new stake in shares of Dell Technologies during the second quarter valued at approximately $528,279,000. AQR Capital Management LLC lifted its stake in Dell Technologies by 628.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after acquiring an additional 1,185,454 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Dell Technologies by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after acquiring an additional 867,071 shares during the last quarter. Jennison Associates LLC grew its stake in shares of Dell Technologies by 189.4% in the third quarter. Jennison Associates LLC now owns 1,187,965 shares of the technology company’s stock worth $168,418,000 after acquiring an additional 777,541 shares during the period. Finally, Boston Partners raised its holdings in shares of Dell Technologies by 15.0% during the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after purchasing an additional 771,966 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DELL shares. JPMorgan Chase & Co. boosted their target price on shares of Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. Citic Securities upped their price objective on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Citigroup dropped their target price on Dell Technologies from $175.00 to $165.00 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. Evercore ISI set a $180.00 price target on shares of Dell Technologies and gave the company an “outperform” rating in a research report on Monday, November 3rd. Finally, Daiwa Capital Markets raised their price objective on shares of Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Eighteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.26.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $115.36 on Monday. The stock has a market cap of $76.45 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 0.77 and a beta of 1.03. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $168.08. The firm has a fifty day moving average price of $126.48 and a 200-day moving average price of $133.73.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter in the prior year, the firm posted $2.15 EPS. Dell Technologies’s quarterly revenue was up 10.8% compared to the same quarter last year. 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, research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s payout ratio is 28.00%.

Insiders Place Their Bets

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the sale, the director directly 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 legal filing with the SEC, which is accessible through this link. Insiders own 42.00% of the company’s stock.

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.