Dell Technologies Market Insights and Financial Success

Janney Montgomery Scott LLC Increases Position in Dell Technologies

Janney Montgomery Scott LLC recently reported an 18.0 % increase in its position in shares of Dell Technologies Inc. on the New York Stock Exchange ( NYSE : DELL ) . According to the company 's most recent 13F filing with the U.S. Securities and Exchange Commission , they now own 58,867 shares of the technology company 's stock , with a value of , 717,000 . This increase came after acquiring an additional 8,974 shares during the first quarter.

Wall Street Analysts Provide Insight

A number of analysts have issued reports on Dell Technologies , with UBS Group raising their price target on the stock from 13.00 to 41.00 and giving it a " buy " rating . Loop Capital and TD Cowen also boosted their price targets on Dell Technologies , with Loop Capital increasing theirs from 25.00 to 85.00 and TD Cowen from 05.00 to 55.00 . Wells Fargo & Company also raised their price target on the stock from 70.00 to 75.00 , giving it an " overweight " rating . Overall , analysts have given Dell Technologies a consensus rating of " Moderate Buy " with a consensus price target of 35.81.

Dell Technologies Financial Performance

Dell Technologies stock remained flat at 45.74 on the New York Stock Exchange , with a market capitalization of 03.37 billion . The company reported earnings of .04 per share for the quarter , surpassing the consensus estimate of .00 . Dell Technologies had a revenue of 2.24 billion , higher than the expected 1.70 billion . Analysts predict that Dell Technologies Inc. will post 6.85 EPS for the current year.

Dell Technologies Dividend Announcement

In addition to their strong financial performance , Dell Technologies also announced a quarterly dividend to be paid on August 2nd . Stockholders of record on July 23rd will receive a sh.445 dividend , representing a .78 annualized dividend and a dividend yield of 1.22 % . The ex - dividend date is also July 23rd , showcasing Dell Technologies ' commitment to rewarding its shareholders .

By analyzing the recent activity of institutional investors , Wall Street analysts ' insights , and Dell Technologies ' financial performance and dividend announcement , it is clear that the company is on a positive trajectory . With a strong market presence and strategic financial decisions , Dell Technologies continues to be a prominent player in the technology sector.