Dell Technologies Inc. $DELL Shares Sold by Westwood Holdings Group Inc.

by · The Cerbat Gem

Westwood Holdings Group Inc. reduced its holdings in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 11.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,761 shares of the technology company’s stock after selling 4,694 shares during the period. Westwood Holdings Group Inc.’s holdings in Dell Technologies were worth $4,507,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Dell Technologies in the second quarter valued at $528,279,000. AQR Capital Management LLC increased its holdings in Dell Technologies by 628.5% during the 2nd 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 during the period. Alkeon Capital Management LLC raised its position in Dell Technologies by 41.4% in the 1st 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 in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Dell Technologies by 37.1% in the 2nd 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 during the period. Finally, Boston Partners grew its position in shares of Dell Technologies by 15.0% during the second 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 in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related news, Director Lake Group L.L.C. Silver sold 6,617 shares of the stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total transaction of $1,003,335.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William D. Green sold 42,736 shares of the firm’s stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $160.00, for a total transaction of $6,837,760.00. Following the transaction, the director directly owned 47,619 shares in the company, valued at $7,619,040. The trade was a 47.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,008,030 shares of company stock worth $576,159,860 over the last 90 days. Company insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

NYSE DELL opened at $130.52 on Tuesday. The company has a fifty day moving average of $143.18 and a two-hundred day moving average of $132.66. The company has a market capitalization of $87.76 billion, a PE ratio of 17.40, a P/E/G ratio of 0.87 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:DELLGet Free Report) last posted its 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. The business had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.15 EPS. 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, research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s payout ratio is presently 28.00%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Barclays reduced their target price on shares of Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. Mizuho raised their price objective on shares of Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Wall Street Zen downgraded shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Finally, TD Cowen upped their price objective on Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Sixteen 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’s stock. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $162.84.

Check Out Our Latest Analysis on Dell Technologies

Dell Technologies Company Profile

(Free Report)

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).

See Also

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