SteelPeak Wealth LLC Has $1.46 Million Stock Holdings in Dell Technologies Inc. $DELL

SteelPeak Wealth LLC increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 3.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 11,901 shares of the technology company’s stock after purchasing an additional 399 shares during the period. SteelPeak Wealth LLC’s holdings in Dell Technologies were worth $1,459,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DELL. Brighton Jones LLC lifted its position in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares during the last quarter. Merit Financial Group LLC increased its stake in Dell Technologies by 67.2% during the first quarter. Merit Financial Group LLC now owns 6,051 shares of the technology company’s stock valued at $552,000 after acquiring an additional 2,431 shares during the period. Patriot Financial Group Insurance Agency LLC increased its stake in Dell Technologies by 11.9% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 3,114 shares of the technology company’s stock valued at $284,000 after acquiring an additional 332 shares during the period. Farther Finance Advisors LLC increased its stake in Dell Technologies by 27.5% during the first quarter. Farther Finance Advisors LLC now owns 12,859 shares of the technology company’s stock valued at $1,183,000 after acquiring an additional 2,771 shares during the period. Finally, Yousif Capital Management LLC increased its stake in Dell Technologies by 9.2% during the first quarter. Yousif Capital Management LLC now owns 37,588 shares of the technology company’s stock valued at $3,426,000 after acquiring an additional 3,163 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insiders Place Their Bets

In other Dell Technologies news, Director William D. Green sold 65,000 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the transaction, the director owned 47,619 shares of the company’s stock, valued at approximately $7,166,659.50. This represents a 57.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 725 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $126.39, for a total value of $91,632.75. Following the transaction, the director directly owned 23,680 shares in the company, valued at approximately $2,992,915.20. This represents a 2.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,781,682 shares of company stock valued at $505,183,267 in the last 90 days. Insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

NYSE DELL opened at $150.79 on Wednesday. The firm has a market cap of $101.39 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 1.00 and a beta of 1.05. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $154.70. The stock’s 50 day simple moving average is $132.43 and its 200 day simple moving average is $115.74.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. The business had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.Dell Technologies’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.89 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, equities analysts expect 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, October 31st. Investors of record on Tuesday, October 21st will be given a dividend of $0.525 per share. The ex-dividend date is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.4%. Dell Technologies’s dividend payout ratio is 30.88%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Barclays boosted their price target on Dell Technologies from $131.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 17th. TD Cowen boosted their price target on Dell Technologies from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, August 29th. JPMorgan Chase & Co. boosted their price target on Dell Technologies from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Citigroup boosted their price target on Dell Technologies from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Finally, Daiwa Capital Markets upped their price objective on Dell Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a research note on Thursday, September 11th. Sixteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $148.67.

About Dell Technologies

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).