Kestra Advisory Services LLC cut its holdings in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 19.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,205 shares of the technology company’s stock after selling 20,953 shares during the period. Kestra Advisory Services LLC’s holdings in Dell Technologies were worth $14,477,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of DELL. Norges Bank bought a new position in Dell Technologies in the 4th quarter valued at $607,349,000. Wellington Management Group LLP grew its holdings in shares of 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 worth $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. increased its stake in shares of Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation increased its stake in shares of Dell Technologies by 533.3% in the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after buying an additional 2,258,797 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings 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 valued at $3,957,850,000 after buying an additional 1,355,841 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.
Dell Technologies Stock Performance
NYSE:DELL traded down $15.08 on Friday, hitting $435.14. 5,136,180 shares of the stock were exchanged, compared to its average volume of 7,311,403. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47. The stock has a market capitalization of $282.02 billion, a price-to-earnings ratio of 34.56, a P/E/G ratio of 0.93 and a beta of 1.31. The company’s 50-day moving average price is $354.07 and its 200 day moving average price is $218.57.
Dell Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be paid a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.
Analysts Set New Price Targets
A number of brokerages have commented on DELL. UBS Group set a $700.00 price objective on shares of Dell Technologies in a report on Friday, May 29th. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Citigroup started coverage on shares of Dell Technologies in a report on Monday, June 1st. They issued an “outperform” rating for the company. Finally, Truist Financial boosted their price objective on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $492.76.
Read Our Latest Report on Dell Technologies
More Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Analyst optimism around Dell’s AI infrastructure business remains a key driver, with Evercore’s higher price target reinforcing expectations for continued growth in server demand.
- Positive Sentiment: Media coverage continues to frame DELL as a major AI beneficiary, supported by strong fundamentals, growing share gains, and expanded partnerships.
- Positive Sentiment: President Trump’s public endorsement of Dell products has increased visibility and added momentum to the stock, even though investors appear more focused on the underlying business strength.
- Neutral Sentiment: Several Silver Lake-related insiders sold shares this week, which may attract attention but does not necessarily change Dell’s operating outlook.
- Neutral Sentiment: Articles comparing Dell with peers like Super Micro and Lenovo highlight broader AI and PC industry trends, but these stories are more about sector positioning than a direct change in Dell’s fundamentals.
Insider Activity
In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 37,003 shares of the company’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $427.15, for a total transaction of $15,805,831.45. Following the completion of the sale, the director owned 29,840 shares in the company, valued at approximately $12,746,156. The trade was a 55.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 12,022 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $421.00, for a total value of $5,061,262.00. Following the completion of the transaction, the director directly owned 25,267 shares in the company, valued at approximately $10,637,407. This trade represents a 32.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 4,228,357 shares of company stock worth $1,544,916,338. Corporate insiders own 41.50% of the company’s stock.
Dell Technologies Profile
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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