Cunning Capital Partners LP Invests $2.30 Million in Dell Technologies Inc. $DELL

Cunning Capital Partners LP purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 18,750 shares of the technology company’s stock, valued at approximately $2,299,000.

Other institutional investors have also recently bought and sold shares of the company. Winnow Wealth LLC bought a new stake in shares of Dell Technologies during the second quarter worth $25,000. Flaharty Asset Management LLC bought a new position in shares of Dell Technologies in the first quarter valued at about $27,000. Westside Investment Management Inc. lifted its position in Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after buying an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Dell Technologies during the 2nd quarter worth about $28,000. Finally, Central Pacific Bank Trust Division acquired a new stake in Dell Technologies in the 2nd quarter valued at about $29,000. Institutional investors own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Argus increased their price target on shares of Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Evercore ISI set a $180.00 price objective on Dell Technologies and gave the company an “outperform” rating in a research report on Monday, November 3rd. Wall Street Zen downgraded Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, Morgan Stanley upped their price target on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research note on Wednesday, November 26th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Stock Down 6.3%

DELL stock opened at $129.82 on Friday. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $168.08. The company has a market cap of $87.28 billion, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03. The business’s fifty day moving average is $143.49 and its 200-day moving average is $132.41.

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

Dell Technologies Dividend Announcement

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

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of the firm’s stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $161.48, for a total transaction of $80,739,838.52. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of Dell Technologies stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total transaction of $1,003,335.71. The SEC filing for this sale provides additional information. Insiders sold 4,608,755 shares of company stock worth $652,451,493 in the last quarter. Company insiders own 42.00% of the company’s stock.

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).