Virtue Capital Management LLC Sells 1,254 Shares of Dell Technologies Inc. $DELL

Virtue Capital Management LLC trimmed its stake in Dell Technologies Inc. (NYSE:DELL) by 43.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,632 shares of the technology company’s stock after selling 1,254 shares during the quarter. Virtue Capital Management LLC’s holdings in Dell Technologies were worth $200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Level Four Advisory Services LLC grew its stake in shares of Dell Technologies by 95.7% in the 2nd quarter. Level Four Advisory Services LLC now owns 7,456 shares of the technology company’s stock valued at $914,000 after buying an additional 3,647 shares during the period. State Board of Administration of Florida Retirement System boosted its holdings in Dell Technologies by 5.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 273,662 shares of the technology company’s stock worth $33,551,000 after acquiring an additional 13,797 shares in the last quarter. Johnson Financial Group Inc. boosted its holdings in Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock worth $31,000 after acquiring an additional 100 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Dell Technologies in the second quarter valued at approximately $650,000. Finally, Elevation Point Wealth Partners LLC raised its position in shares of Dell Technologies by 3.4% during the second quarter. Elevation Point Wealth Partners LLC now owns 7,044 shares of the technology company’s stock worth $864,000 after purchasing an additional 232 shares during the period. 76.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,537,755 shares of company stock valued at $642,644,973 over the last ninety days. Corporate insiders own 42.00% of the company’s stock.

Dell Technologies Stock Performance

Shares of DELL opened at $133.06 on Friday. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The business has a 50-day moving average of $143.67 and a 200 day moving average of $130.73. The firm has a market cap of $89.46 billion, a P/E ratio of 17.74, a price-to-earnings-growth ratio of 1.01 and a beta of 1.02.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter last year, the company earned $2.15 earnings per share. The company’s revenue was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. 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 fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies’s payout ratio is presently 28.00%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on DELL. Citic Securities lifted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday. The Goldman Sachs Group upped their target price on shares of Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday. Cowen reissued a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Sanford C. Bernstein raised their target price on Dell Technologies from $175.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Finally, Wall Street Zen raised Dell Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Seventeen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $161.05.

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).