Dell Technologies Inc. $DELL Stake Cut by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. cut its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 7.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,128 shares of the technology company’s stock after selling 4,202 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Dell Technologies were worth $7,532,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Dell Technologies in the 2nd quarter valued at approximately $328,000. US Bancorp DE lifted its position in Dell Technologies by 9.0% in the 2nd quarter. US Bancorp DE now owns 36,531 shares of the technology company’s stock worth $4,479,000 after buying an additional 3,015 shares in the last quarter. Callan Family Office LLC purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $690,000. Finally, Blue Trust Inc. boosted its stake in shares of Dell Technologies by 16.4% during the 2nd quarter. Blue Trust Inc. now owns 882 shares of the technology company’s stock valued at $108,000 after buying an additional 124 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DELL. Wall Street Zen raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. Dbs Bank raised Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday, January 21st. Morgan Stanley lifted their price target on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a report on Wednesday, November 26th. Finally, Bank of America increased their price objective on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Eighteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $161.26.

Insider Transactions at Dell Technologies

In related news, Director Egon Durban sold 71,000 shares of the firm’s 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 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 transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 42.00% of the company’s stock.

Dell Technologies Stock Performance

DELL opened at $125.89 on Wednesday. The company has a market cap of $83.43 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 0.70 and a beta of 1.03. The stock has a 50-day moving average of $124.41 and a 200-day moving average of $133.01. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $168.08.

Dell Technologies (NYSE:DELL) last posted 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. The firm had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company earned $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. On average, research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, January 20th. Dell Technologies’s dividend payout ratio is currently 28.00%.

About Dell Technologies

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.