Nykredit A S acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) in the 2nd quarter, Holdings Channel reports. The fund acquired 111,893 shares of the technology company’s stock, valued at approximately $48,277,000.
Other large investors have also recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new position in shares of Dell Technologies in the 2nd quarter valued at $38,000. Atwood & Palmer Inc. lifted its position in Dell Technologies by 860.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock worth $41,000 after acquiring an additional 86 shares during the period. Allied Private Wealth LLC purchased a new stake in Dell Technologies during the 2nd quarter valued at about $63,000. Elevation Wealth Partners LLC grew its stake in Dell Technologies by 5,900.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 180 shares of the technology company’s stock valued at $78,000 after purchasing an additional 177 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Dell Technologies in the fourth quarter valued at about $25,000. 76.37% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
DELL has been the topic of a number of recent research reports. UBS Group reiterated an “outperform” rating on shares of Dell Technologies in a research report on Wednesday. CLSA raised shares of Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Raymond James Financial lifted their price objective on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research note on Wednesday. Roth Capital assumed coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued a “buy” rating on the stock. Finally, HSBC raised shares of Dell Technologies to a “buy” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $550.70.
Insider Activity
In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of Dell Technologies stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $15,814,486.26. Following the completion of the transaction, the director owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the company’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the completion of the transaction, the director owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. This trade represents a 40.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,738,596 shares of company stock worth $704,346,083 in the last ninety days. Corporate insiders own 41.50% of the company’s stock.
Trending Headlines about Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Fiscal Q2 revenue reached approximately $47 billion, up 58% year over year and above expectations, while adjusted EPS of $7.04 significantly exceeded the roughly $4.91 consensus estimate. Dell again lifts forecasts as AI demand powers record results
- Positive Sentiment: AI-optimized server revenue doubled to $16.4 billion, and quarterly AI-server orders reached a record $60.9 billion. Dell’s AI backlog now stands at about $95 billion, offering investors visibility into future growth and order conversion. Dell Surges on Soaring AI Backlog
- Positive Sentiment: Management raised fiscal 2027 revenue guidance to $192 billion from $167 billion and lifted adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance also exceeds Wall Street estimates, marking another consecutive outlook increase. Dell analysts see more room to run
- Positive Sentiment: Several analysts raised price targets, including JPMorgan’s increase to $635 with an overweight rating. The results also lifted sentiment across AI hardware peers and helped broader equity indexes recover.
- Neutral Sentiment: Dell declared a quarterly dividend of $0.63 per share and returned approximately $4.3 billion to shareholders through dividends and repurchases, supporting shareholder returns but remaining a small component of the investment case.
- Negative Sentiment: Investors remain concerned about elevated valuation, execution and margin sustainability. Component shortages are limiting shipments, while higher memory and other input costs could reduce profitability even as sales accelerate. Dell earnings call and supply constraints
- Negative Sentiment: Some analysts maintained Hold or reduced ratings after the rally, arguing that much of the AI opportunity is already reflected in the stock. Reported insider selling and elevated bond yields add further caution for investors.
Dell Technologies Trading Up 15.8%
Shares of DELL stock opened at $492.00 on Thursday. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $514.00. The stock has a market cap of $318.87 billion, a P/E ratio of 28.55, a P/E/G ratio of 0.88 and a beta of 1.34. The stock has a 50 day moving average of $434.61 and a 200 day moving average of $304.63.
Dell Technologies (NYSE:DELL – Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 529.54% and a net margin of 7.53%.The business’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 EPS. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, research analysts predict that Dell Technologies Inc. will post 18.32 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio is 14.63%.
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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