Rydar Equities Inc. Makes New Investment in Dell Technologies Inc. $DELL

Rydar Equities Inc. bought a new stake in shares of Dell Technologies Inc. (NYSE:DELL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,238 shares of the technology company’s stock, valued at approximately $642,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Dell Technologies in the second quarter worth about $528,279,000. AQR Capital Management LLC boosted its position in Dell Technologies by 628.5% during the second 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 in the last quarter. Alkeon Capital Management LLC grew its holdings in Dell Technologies by 41.4% in the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company’s stock valued at $289,657,000 after purchasing an additional 931,032 shares during the period. Ameriprise Financial Inc. increased its position in shares of Dell Technologies by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after buying an additional 867,071 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Dell Technologies by 15.0% during the 2nd 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 owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 26th. Fox Advisors lowered shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Wall Street Zen lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Citigroup restated a “buy” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Finally, Sanford C. Bernstein boosted their price target on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $162.84.

Dell Technologies Price Performance

DELL stock opened at $129.82 on Monday. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $168.08. The firm has a market capitalization of $87.28 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03. The business has a 50 day simple moving average of $143.49 and a 200-day simple moving average of $132.54.

Dell Technologies (NYSE:DELL) last issued its earnings results 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. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. During the same period in the prior year, the business earned $2.15 EPS. The firm’s quarterly 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 and its Q4 2026 guidance at 3.500-3.500 EPS. On average, equities research analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be paid 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 1.6%. Dell Technologies’s payout ratio is 28.00%.

Insider Buying and Selling at Dell Technologies

In related news, Director Ellen Jamison Kullman sold 79,806 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $153.56, for a total value of $12,255,009.36. Following the transaction, the director directly owned 65,662 shares in the company, valued at approximately $10,083,056.72. This represents a 54.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,008,030 shares of company stock worth $576,159,860 in the last ninety days. 42.00% of the stock is owned by insiders.

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).