Pathfinder Wealth Consulting Inc. Makes New Investment in Dell Technologies Inc. $DELL

Pathfinder Wealth Consulting Inc. bought a new position in Dell Technologies Inc. (NYSE:DELLFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,014 shares of the technology company’s stock, valued at approximately $379,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Navalign LLC purchased a new stake in shares of Dell Technologies during the 4th quarter valued at $29,000. WealthCollab LLC grew its stake in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares during the period. iA Global Asset Management Inc. purchased a new stake in shares of Dell Technologies during the 4th quarter valued at $32,000. State of Wyoming purchased a new stake in shares of Dell Technologies during the 2nd quarter valued at $33,000. Finally, Westside Investment Management Inc. grew its stake in shares of Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock valued at $43,000 after buying an additional 78 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DELL has been the subject of several research reports. Evercore boosted their price objective on shares of Dell Technologies from $240.00 to $270.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Wells Fargo & Company boosted their price objective on shares of Dell Technologies from $180.00 to $270.00 and gave the company an “overweight” rating in a research note on Friday. UBS Group cut shares of Dell Technologies from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $167.00 to $243.00 in a research note on Sunday, May 10th. Truist Financial initiated coverage on shares of Dell Technologies in a research note on Tuesday, March 31st. They set a “hold” rating and a $170.00 price objective for the company. Finally, Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $211.32.

Read Our Latest Stock Report on Dell Technologies

Dell Technologies News Summary

Here are the key news stories impacting Dell Technologies this week:

Dell Technologies Trading Up 16.7%

Shares of Dell Technologies stock opened at $294.97 on Friday. The company has a fifty day moving average price of $199.13 and a 200 day moving average price of $153.21. Dell Technologies Inc. has a twelve month low of $106.38 and a twelve month high of $298.32. The stock has a market cap of $190.48 billion, a price-to-earnings ratio of 33.83, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99.

Dell Technologies (NYSE:DELLGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same period in the prior year, the company earned $2.68 EPS. The firm’s revenue was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Analysts forecast that Dell Technologies Inc. will post 11.87 earnings per share for the current year.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st were issued a $0.63 dividend. The ex-dividend date was Tuesday, April 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.9%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio (DPR) is presently 28.90%.

Insiders Place Their Bets

In other news, Director Ellen Jamison Kullman sold 150,346 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $145.13, for a total value of $21,819,714.98. Following the sale, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. This represents a 69.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total transaction of $74,883,300.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,571,688 shares of company stock worth $576,654,105 in the last quarter. 42.00% of the stock is currently owned by company insiders.

About Dell Technologies

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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