Mccarter Private Wealth Services LLC raised its stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 19.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,182 shares of the technology company’s stock after buying an additional 1,852 shares during the quarter. Mccarter Private Wealth Services LLC’s holdings in Dell Technologies were worth $1,408,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in DELL. Norges Bank purchased a new position in Dell Technologies during the fourth quarter valued at $607,349,000. Wellington Management Group LLP raised its stake in Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after buying an additional 2,937,137 shares during the last quarter. Invesco Ltd. raised its stake in Dell Technologies by 82.3% during the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after buying an additional 2,191,317 shares during the last quarter. Franklin Resources Inc. raised its stake in Dell Technologies by 541.9% during the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after buying an additional 1,685,529 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Dell Technologies by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.
Key Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell’s latest quarter showed blockbuster demand for AI servers, with revenue and earnings far above expectations and management raising its full-year outlook, reinforcing the case that AI data-center spending is driving a new growth cycle. AI Boom Powers Dell Stock’s Post-Earnings Rally. Get Ready for More Upside Ahead.
- Positive Sentiment: Several analysts raised price targets sharply after the earnings beat, including Goldman Sachs, Bernstein, Citic Securities, and Daiwa, signaling growing Wall Street confidence that Dell still has room to run despite its big rally. Daiwa Securities adjusts PT on Dell Technologies to 465 from 170
- Positive Sentiment: Nvidia’s push into AI-enabled PCs could create a new upgrade cycle for Dell laptops, adding another growth avenue beyond servers and helping keep the stock in focus. Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP
- Positive Sentiment: Dell’s new XPS 13 launch gives the company a consumer-PC catalyst as well, with the redesigned laptop aimed directly at Apple’s MacBook line and helping extend the momentum in the shares. Dell Stock Rises as It Goes Head-to-Head with Apple Over Cutting-Edge Laptop
- Neutral Sentiment: Recent media coverage and conference remarks have kept Dell in the center of the AI trade, with investors comparing it to HPE and Super Micro as the market debates whether the stock’s rapid run has gone too far. Dell Stock is Soaring: Is it Too Late to Buy?
- Negative Sentiment: Despite the strong longer-term trend, Dell did slip in recent trading as some investors took profits after the huge run-up, and articles note the stock may be becoming more stretched on valuation. Dell Stock Snaps 8-Day Winning Streak Even as AI Server Rivals Soar
Insider Buying and Selling
Dell Technologies Price Performance
Shares of DELL opened at $433.72 on Wednesday. Dell Technologies Inc. has a one year low of $108.01 and a one year high of $469.47. The firm has a market capitalization of $280.07 billion, a P/E ratio of 34.45, a PEG ratio of 1.45 and a beta of 1.30. The business has a fifty day moving average of $223.02 and a 200 day moving average of $161.80.
Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Analysts expect that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the company. Weiss Ratings upgraded Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Argus boosted their price target on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Royal Bank Of Canada assumed coverage on Dell Technologies in a research note on Friday. They issued an “outperform” rating for the company. Finally, Susquehanna set a $289.00 price target on Dell Technologies and gave the stock a “neutral” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $475.76.
Read Our Latest Analysis on DELL
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.
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