Sky Investment Group LLC Grows Position in Dell Technologies Inc. $DELL

Sky Investment Group LLC lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 7.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,995 shares of the technology company’s stock after purchasing an additional 1,310 shares during the quarter. Sky Investment Group LLC’s holdings in Dell Technologies were worth $2,954,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Triad Wealth Partners LLC grew its position in Dell Technologies by 13.6% during the first quarter. Triad Wealth Partners LLC now owns 2,955 shares of the technology company’s stock worth $485,000 after buying an additional 353 shares during the period. Quotient Wealth Partners LLC acquired a new stake in shares of Dell Technologies during the 1st quarter valued at approximately $258,000. Fortem Financial Group LLC lifted its position in shares of Dell Technologies by 10.6% during the 1st quarter. Fortem Financial Group LLC now owns 45,332 shares of the technology company’s stock valued at $7,440,000 after acquiring an additional 4,341 shares during the period. Diversified Trust Co boosted its stake in shares of Dell Technologies by 3.9% during the 1st quarter. Diversified Trust Co now owns 11,529 shares of the technology company’s stock worth $1,892,000 after acquiring an additional 429 shares in the last quarter. Finally, Brady Martz Wealth Solutions LLC purchased a new stake in shares of Dell Technologies during the 1st quarter worth approximately $231,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. William Blair initiated coverage on Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating for the company. Susquehanna set a $289.00 target price on Dell Technologies and gave the stock a “neutral” rating in a research report on Friday, May 29th. Argus upped their target price on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, UBS Group set a $700.00 price target on Dell Technologies in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $475.76.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $410.00 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The company has a market capitalization of $264.76 billion, a P/E ratio of 32.57, a P/E/G ratio of 0.88 and a beta of 1.30. The business has a 50 day moving average price of $288.00 and a 200 day moving average price of $188.62.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.Dell Technologies’s quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.55 EPS. 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. As a group, research analysts expect that Dell Technologies Inc. will post 17.6 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend 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 presently 20.02%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies 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 shares were 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 of the company’s stock, valued at $28,184,537.92. This trade represents a 36.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of Dell Technologies stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $8,100,696.40. Following the sale, the director owned 50,381 shares of the company’s stock, valued at approximately $20,309,588.72. This trade represents a 28.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,476,318 shares of company stock valued at $1,490,167,546. 41.50% of the stock is owned by company insiders.

Key Dell Technologies News

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.

Dell Technologies Company 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.