Dell Technologies Inc. $DELL Stock Bought by One Way Holdings LLC

One Way Holdings LLC increased its holdings in Dell Technologies Inc. (NYSE:DELL) by 82.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,035 shares of the technology company’s stock after buying an additional 1,373 shares during the period. One Way Holdings LLC’s holdings in Dell Technologies were worth $1,633,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DELL. Noble Wealth Management PBC increased its holdings in shares of Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares during the last quarter. Cornerstone Financial Management LLC increased its stake in Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after acquiring an additional 23 shares during the last quarter. Premier Financial Group purchased a new stake in Dell Technologies during the second quarter valued at about $34,000. Byrne Asset Management LLC bought a new stake in Dell Technologies during the second quarter worth about $38,000. Finally, Retirement Wealth Solutions LLC increased its position in shares of Dell Technologies by 41.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock valued at $48,000 after purchasing an additional 26 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DELL has been the subject of a number of recent research reports. Barclays lowered shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $603.00 to $574.00 in a report on Wednesday, October 14th. Melius Research lifted their target price on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Piper Sandler reiterated an “overweight” rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a report on Wednesday, September 2nd. Finally, Mizuho lifted their price target on Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Stock Performance

DELL opened at $423.63 on Monday. The stock’s 50 day moving average price is $513.74 and its 200-day moving average price is $330.29. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51. The stock has a market capitalization of $269.35 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 0.44 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.70 earnings per share. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Research analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 14.63%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares of the company’s stock, valued at $33,217,884.06. This represents a 58.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is owned by insiders.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.