Dell Technologies Inc. $DELL Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 13.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,227 shares of the technology company’s stock after selling 6,429 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Dell Technologies were worth $5,987,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DELL. Winnow Wealth LLC acquired a new position in Dell Technologies during the second quarter worth $25,000. Westside Investment Management Inc. boosted its holdings in Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in Dell Technologies during the second quarter worth about $28,000. NewSquare Capital LLC lifted its position in shares of Dell Technologies by 96.9% during the second quarter. NewSquare Capital LLC now owns 254 shares of the technology company’s stock worth $31,000 after purchasing an additional 125 shares in the last quarter. Finally, Johnson Financial Group Inc. grew its holdings in shares of Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Citic Securities boosted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, November 28th. Raymond James Financial boosted their price objective on Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday, January 21st. Evercore set a $180.00 price objective on shares of Dell Technologies and gave the company an “outperform” rating in a report on Monday, November 3rd. Finally, UBS Group lowered their target price on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Eighteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $125.89 on Wednesday. The firm’s fifty day simple moving average is $124.41 and its 200-day simple moving average is $133.01. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $168.08. The stock has a market capitalization of $83.43 billion, a price-to-earnings ratio of 16.79, a PEG ratio of 0.70 and a beta of 1.03.

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

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the transaction, the director directly owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 42.00% of the company’s stock.

Dell Technologies 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.