KRS Capital Management LLC Lowers Holdings in Dell Technologies Inc. $DELL

KRS Capital Management LLC lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 39.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,362 shares of the technology company’s stock after selling 1,552 shares during the quarter. KRS Capital Management LLC’s holdings in Dell Technologies were worth $388,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DELL. Commonwealth Retirement Investments LLC purchased a new stake in Dell Technologies in the fourth quarter valued at approximately $25,000. Rossby Financial LCC raised its stake in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares during the period. Navalign LLC purchased a new position in Dell Technologies during the fourth quarter worth approximately $29,000. Kemnay Advisory Services Inc. acquired a new position in shares of Dell Technologies in the 4th quarter valued at $29,000. Finally, 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. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 39,537 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $15,938,155.44. Following the sale, the director directly owned 69,916 shares in the company, valued at approximately $28,184,537.92. This trade represents a 36.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $8,100,696.40. Following the completion of the transaction, the director owned 50,381 shares of the company’s stock, valued at approximately $20,309,588.72. This represents a 28.51% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 4,476,318 shares of company stock worth $1,490,167,546. Insiders own 41.50% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on DELL shares. Mizuho upped their price objective on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. HSBC upgraded Dell Technologies to a “buy” rating in a report on Friday, May 29th. Loop Capital upped their price target on Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Sanford C. Bernstein raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Finally, The Goldman Sachs Group lifted their price objective on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $475.76.

Dell Technologies Trading Up 0.1%

NYSE:DELL opened at $410.00 on Friday. The firm’s fifty day simple moving average is $288.00 and its 200 day simple moving average is $188.62. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The firm has a market capitalization of $264.76 billion, a price-to-earnings ratio of 32.57, a PEG ratio of 0.88 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the prior year, the firm earned $1.55 EPS. The firm’s quarterly 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. On average, analysts predict that Dell Technologies Inc. will post 17.6 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a $0.63 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is 20.02%.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s AI server and rack-scale infrastructure business continues to gain traction, with reports of major shipments and strong demand supporting the growth narrative.
• Positive Sentiment: Market commentary continues to view Dell as a top AI and enterprise infrastructure play, reinforcing investor interest in the stock.
• Positive Sentiment: Coverage noting Michael Dell’s rising wealth underscores how strongly the shares have performed and helped keep sentiment upbeat.
• Neutral Sentiment: Dell’s newly announced quarterly dividend supports the stock’s income profile, but it is not the main driver of the move.
• Negative Sentiment: Recent insider selling by executives and directors may create some near-term caution around valuation and sentiment.
• Negative Sentiment: Some investors are questioning whether Dell’s premium valuation leaves less room for upside after a sharp run.

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.