Dell Technologies Inc. $DELL Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 18.3% during the 1st quarter, HoldingsChannel reports. The firm owned 827,097 shares of the technology company’s stock after selling 185,669 shares during the period. First Trust Advisors LP’s holdings in Dell Technologies were worth $135,751,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of DELL. Vanguard Group Inc. boosted its stake in shares of Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after buying an additional 1,355,841 shares during the period. State Street Corp increased its position in Dell Technologies by 1.8% in the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock valued at $1,852,450,000 after acquiring an additional 265,740 shares during the period. Geode Capital Management LLC raised its stake in Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock valued at $939,808,000 after acquiring an additional 108,011 shares during the last quarter. Invesco Ltd. lifted its position in Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after acquiring an additional 2,445,854 shares during the period. Finally, Deutsche Bank AG grew its stake in shares of Dell Technologies by 24.6% in the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after purchasing an additional 1,090,336 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies Stock Performance

Shares of DELL stock opened at $438.40 on Friday. The stock has a fifty day moving average price of $386.45 and a 200 day moving average price of $237.54. The stock has a market cap of $284.13 billion, a PE ratio of 34.82, a P/E/G ratio of 0.94 and a beta of 1.31. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The business had revenue of $43.84 billion during 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%.The business’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same quarter last year, the business posted $1.55 earnings per share. 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, equities research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on DELL shares. HSBC raised Dell Technologies to a “buy” rating in a report on Friday, May 29th. Wolfe Research lowered shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Truist Financial upped 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. Finally, Wells Fargo & Company raised 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $492.76.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the stock in a transaction that occurred 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 sale, the director directly owned 43,961 shares in the company, valued at $19,938,071.94. This represents a 44.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,434,758 shares of company stock worth $1,448,870,683 over the last ninety days. 41.50% of the stock is currently owned by company insiders.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Super Micro’s record backlog and margin surprise boosted confidence that AI server demand remains strong, lifting Dell along with other AI infrastructure names. Dell, HP Enterprise Stocks Jump. How Super Micro Is Giving Them a Boost.
• Positive Sentiment: Recent commentary argued Dell could be significantly higher over the next year if AI server revenue keeps growing and investors become less worried about margin pressure. Prediction: Dell Technologies Stock Could Be 30% Higher by This Time Next Year
• Positive Sentiment: Analysts and market coverage continue to frame Dell as a major AI infrastructure winner, with broker sentiment still described as “Moderate Buy.” Dell Technologies Inc. (NYSE:DELL) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: One article on Dell’s stock performance was broadly about ETFs and dividend yields, offering little direct stock-specific news for Dell investors. 3 ETFs Pairing Market-Beating Returns With High Dividend Yields

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.