Dell Technologies Inc. $DELL Position Lessened by Belpointe Asset Management LLC

Belpointe Asset Management LLC reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 62.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,242 shares of the technology company’s stock after selling 7,088 shares during the quarter. Belpointe Asset Management LLC’s holdings in Dell Technologies were worth $601,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Dell Technologies during the second quarter worth about $528,279,000. AQR Capital Management LLC grew its position in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after purchasing an additional 1,185,454 shares during the last quarter. Ameriprise Financial Inc. grew its position in Dell Technologies by 37.1% in the 2nd 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 during the last quarter. Jennison Associates LLC raised its holdings in shares of Dell Technologies by 189.4% during the third quarter. Jennison Associates LLC now owns 1,187,965 shares of the technology company’s stock valued at $168,418,000 after buying an additional 777,541 shares during the last quarter. Finally, Boston Partners boosted its position in shares of Dell Technologies by 15.0% during the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after buying an additional 771,966 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Trading Down 3.5%

Shares of NYSE DELL opened at $114.39 on Friday. The firm has a 50-day moving average of $126.00 and a two-hundred day moving average of $133.27. The company has a market capitalization of $75.81 billion, a price-to-earnings ratio of 15.25, a PEG ratio of 0.79 and a beta of 1.03. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $168.08.

Dell Technologies (NYSE:DELL) last released its 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. The business had revenue of $27.01 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.15 EPS. 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, research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.8%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Insider Activity

In other news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 42.00% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on DELL shares. Dbs Bank upgraded Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. Zacks Research lowered Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, January 21st. Bank of America increased their target price on shares of Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Finally, Sanford C. Bernstein upped their price target on shares of Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Eighteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.