Dell Technologies Inc. $DELL Stake Reduced by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. trimmed its stake in Dell Technologies Inc. (NYSE:DELL) by 7.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 53,128 shares of the technology company’s stock after selling 4,202 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Dell Technologies were worth $7,532,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Winnow Wealth LLC bought a new stake in shares of Dell Technologies during the second quarter valued at about $25,000. Westside Investment Management Inc. increased its stake in Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Dell Technologies during the 2nd quarter valued at about $28,000. NewSquare Capital LLC lifted its stake in shares of Dell Technologies by 96.9% in the 2nd quarter. NewSquare Capital LLC now owns 254 shares of the technology company’s stock worth $31,000 after acquiring an additional 125 shares during the period. Finally, Johnson Financial Group Inc. boosted its holdings in shares of Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of Dell Technologies 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 transaction, the director directly owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. The trade was a 5.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 42.00% of the company’s stock.

Dell Technologies Stock Up 4.1%

NYSE:DELL opened at $125.89 on Wednesday. The stock has a fifty day simple moving average of $124.41 and a 200 day simple moving average of $133.01. The firm has a market capitalization of $83.43 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 0.70 and a beta of 1.03. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter in the previous year, the company earned $2.15 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. 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. Equities analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, January 20th. Dell Technologies’s dividend payout ratio is 28.00%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on DELL shares. Citic Securities upped their target price on Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. Piper Sandler reissued an “overweight” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Dbs Bank raised Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. Bank of America lifted their target price on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Finally, UBS Group cut their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Eighteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $161.26.

About Dell Technologies

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.