Caxton Associates LLP Invests $5.96 Million in Dell Technologies Inc. $DELL

Caxton Associates LLP bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 48,601 shares of the technology company’s stock, valued at approximately $5,958,000.

Other institutional investors also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Dell Technologies by 2.1% in the 2nd quarter. State Street Corp now owns 14,099,317 shares of the technology company’s stock valued at $1,728,576,000 after acquiring an additional 292,167 shares during the period. Boston Partners increased its holdings in Dell Technologies by 15.0% in the 2nd 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 in the last quarter. Norges Bank purchased a new position in Dell Technologies in the second quarter valued at about $528,279,000. Ameriprise Financial Inc. lifted its stake in shares of Dell Technologies by 37.1% during the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after purchasing an additional 867,071 shares in the last quarter. Finally, Alkeon Capital Management LLC boosted its position in shares of Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock worth $289,657,000 after buying an additional 931,032 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,608,755 shares of company stock valued at $652,451,493 over the last ninety days. Company insiders own 42.00% of the company’s stock.

Dell Technologies Stock Down 6.3%

Shares of Dell Technologies stock opened at $129.82 on Friday. The business has a 50-day moving average price of $143.49 and a 200 day moving average price of $132.41. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The firm has a market cap of $87.28 billion, a P/E ratio of 17.31, a P/E/G ratio of 0.87 and a beta of 1.03.

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

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Analysts Set New Price Targets

Several equities analysts recently commented on DELL shares. Zacks Research lowered Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Wells Fargo & Company raised their price target on shares of Dell Technologies from $160.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Morgan Stanley boosted their price objective on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a report on Wednesday, November 26th. Finally, Citic Securities raised their target price on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, November 28th. Sixteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Company Profile

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).