Oppenheimer & Co. Inc. Trims Holdings in Dell Technologies Inc. $DELL

Oppenheimer & Co. Inc. lowered its position in Dell Technologies Inc. (NYSE:DELL) by 13.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,227 shares of the technology company’s stock after selling 6,429 shares during the period. Oppenheimer & Co. Inc.’s holdings in Dell Technologies were worth $5,987,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Winnow Wealth LLC acquired a new position in Dell Technologies during the second quarter valued at $25,000. Westside Investment Management Inc. raised its position in Dell Technologies by 84.7% during the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Dell Technologies during the 2nd quarter worth approximately $28,000. Johnson Financial Group Inc. increased its holdings in shares of Dell Technologies by 66.2% during the 2nd quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares in the last quarter. Finally, WealthCollab LLC boosted its holdings in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

NYSE DELL opened at $125.89 on Wednesday. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The firm has a market capitalization of $83.43 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 0.70 and a beta of 1.03. The stock’s fifty day moving average is $124.41 and its two-hundred day moving average is $133.01.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $27.26 billion. During the same quarter in the previous year, the company posted $2.15 EPS. The company’s revenue 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. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Mizuho increased their target price on shares of Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. 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. JPMorgan Chase & Co. boosted their target price on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, January 21st. Finally, Raymond James Financial lifted their price target on Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $161.26.

Insider Buying and Selling

In related news, Director Egon Durban sold 71,000 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the transaction, the director directly owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 42.00% of the company’s stock.

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.