Corient Private Wealth LLC Acquires 4,221 Shares of Dell Technologies Inc. $DELL

Corient Private Wealth LLC boosted its holdings in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,615 shares of the technology company’s stock after purchasing an additional 4,221 shares during the quarter. Corient Private Wealth LLC’s holdings in Dell Technologies were worth $13,929,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its position in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after acquiring an additional 901 shares during the period. American Century Companies Inc. grew its position in Dell Technologies by 14.4% in the 1st quarter. American Century Companies Inc. now owns 29,962 shares of the technology company’s stock worth $2,731,000 after purchasing an additional 3,763 shares during the last quarter. Versor Investments LP bought a new position in shares of Dell Technologies during the 1st quarter worth about $310,000. Brooklyn Investment Group lifted its stake in shares of Dell Technologies by 93.6% in the first quarter. Brooklyn Investment Group now owns 1,181 shares of the technology company’s stock valued at $108,000 after buying an additional 571 shares during the period. Finally, Korea Investment CORP grew its position in Dell Technologies by 9.0% during the first quarter. Korea Investment CORP now owns 243,485 shares of the technology company’s stock worth $22,194,000 after buying an additional 20,081 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on DELL. Argus raised their price objective on Dell Technologies from $150.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Morgan Stanley lifted their price target on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 26th. Raymond James Financial increased their price objective on shares of Dell Technologies from $161.00 to $166.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Daiwa Capital Markets lifted their target price on shares of Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Finally, Citic Securities increased their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. Sixteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $162.84.

Read Our Latest Analysis on Dell Technologies

Insider Activity

In other Dell Technologies news, Director William D. Green sold 42,736 shares of the firm’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $160.00, for a total value of $6,837,760.00. Following the completion of the sale, the director owned 47,619 shares in the company, valued at approximately $7,619,040. This trade represents a 47.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 in the company, valued at $161,935,755.36. This trade represents a 5.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,124,859 shares of company stock worth $459,133,225. 42.00% of the stock is currently owned by insiders.

Dell Technologies Trading Down 3.9%

Shares of Dell Technologies stock opened at $122.86 on Friday. The stock has a market capitalization of $82.61 billion, a price-to-earnings ratio of 16.38, a P/E/G ratio of 0.86 and a beta of 1.03. The firm’s 50-day moving average price is $141.44 and its two-hundred day moving average price is $132.72. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08.

Dell Technologies (NYSE:DELLGet Free Report) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $27.26 billion. During the same period in the prior year, the company earned $2.15 EPS. Dell Technologies’s revenue for the quarter 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 predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be issued 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 is currently 28.00%.

Dell Technologies Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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