Integrated Wealth Concepts LLC Buys 1,811 Shares of Dell Technologies Inc. $DELL

Integrated Wealth Concepts LLC lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 25.3% in the first quarter, HoldingsChannel reports. The fund owned 8,964 shares of the technology company’s stock after acquiring an additional 1,811 shares during the period. Integrated Wealth Concepts LLC’s holdings in Dell Technologies were worth $817,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC bought a new position in shares of Dell Technologies during the 1st quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new position in Dell Technologies in the 1st quarter worth approximately $26,000. Cheviot Value Management LLC bought a new position in Dell Technologies in the 1st quarter worth approximately $27,000. Cullen Frost Bankers Inc. boosted its stake in Dell Technologies by 270.7% in the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company’s stock worth $28,000 after purchasing an additional 222 shares during the period. Finally, Crowley Wealth Management Inc. boosted its stake in Dell Technologies by 86.2% in the 1st quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company’s stock worth $30,000 after purchasing an additional 150 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Citigroup upped their price target on Dell Technologies from $135.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. Fox Advisors cut Dell Technologies from an “overweight” rating to an “equal weight” rating in a report on Friday, August 29th. TD Cowen lifted their target price on Dell Technologies from $125.00 to $130.00 and gave the stock a “hold” rating in a report on Friday, August 29th. Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Finally, The Goldman Sachs Group set a $140.00 target price on Dell Technologies and gave the stock a “buy” rating in a report on Thursday, August 28th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $146.31.

Dell Technologies Stock Performance

NYSE:DELL opened at $125.33 on Friday. The stock’s fifty day moving average is $129.36 and its 200 day moving average is $110.91. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $147.66. The firm has a market capitalization of $85.08 billion, a PE ratio of 18.43, a PEG ratio of 0.85 and a beta of 1.01.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. During the same quarter in the previous year, the business earned $1.89 earnings per share. The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Equities analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be 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 is Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is 30.88%.

Insider Buying and Selling at Dell Technologies

In other news, CEO Michael S. Dell sold 10,000,000 shares of Dell Technologies stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the completion of the sale, the chief executive officer directly owned 25,912,241 shares in the company, valued at approximately $3,168,289,707.07. This trade represents a 27.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brunilda Rios sold 6,000 shares of Dell Technologies stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $126.29, for a total value of $757,740.00. Following the sale, the chief accounting officer owned 18,948 shares of the company’s stock, valued at approximately $2,392,942.92. This trade represents a 24.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,618,897 shares of company stock valued at $1,428,008,024. 42.00% of the stock is owned by company 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).