Assenagon Asset Management S.A. Buys 157,432 Shares of Dell Technologies Inc. $DELL

Assenagon Asset Management S.A. boosted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 98.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 317,625 shares of the technology company’s stock after buying an additional 157,432 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Dell Technologies were worth $45,030,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Union Bancaire Privee UBP SA lifted its holdings in shares of Dell Technologies by 33.4% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 63,555 shares of the technology company’s stock worth $9,010,000 after acquiring an additional 15,904 shares during the last quarter. Sanders Morris Harris LLC purchased a new stake in Dell Technologies in the 3rd quarter worth about $312,000. Mirador Capital Partners LP lifted its stake in Dell Technologies by 9.4% in the third quarter. Mirador Capital Partners LP now owns 21,189 shares of the technology company’s stock worth $3,004,000 after purchasing an additional 1,827 shares during the last quarter. HCR Wealth Advisors boosted its position in shares of Dell Technologies by 14.4% during the third quarter. HCR Wealth Advisors now owns 19,744 shares of the technology company’s stock valued at $2,910,000 after buying an additional 2,490 shares during the period. Finally, Aaron Wealth Advisors LLC grew its stake in shares of Dell Technologies by 328.5% during the third quarter. Aaron Wealth Advisors LLC now owns 8,408 shares of the technology company’s stock valued at $1,192,000 after buying an additional 6,446 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of research analyst reports. Susquehanna raised their price target on Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Sanford C. Bernstein lifted their target price on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Evercore ISI set a $180.00 price target on shares of Dell Technologies and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Finally, Morgan Stanley boosted their price objective on shares of Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research report on Wednesday, November 26th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $162.84.

Dell Technologies Stock Performance

Shares of DELL opened at $122.86 on Friday. The company has a 50 day moving average price of $141.44 and a 200-day moving average price of $132.72. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The stock has a market capitalization of $82.61 billion, a PE ratio of 16.38, a PEG ratio of 0.86 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, beating the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates 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 was up 10.8% compared to the same quarter last year. During the same period last year, the company 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. Equities research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The business 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 dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Insider Buying and Selling

In other news, Director William D. Green sold 65,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $150.50, for a total value of $9,782,500.00. Following the transaction, the director owned 47,619 shares of the company’s stock, valued at $7,166,659.50. The trade was a 57.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Egon Durban sold 71,000 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the sale, the director directly owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. The trade was a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,124,859 shares of company stock valued at $459,133,225 over the last three months. Corporate insiders own 42.00% of the company’s stock.

Dell Technologies 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).