Concurrent Investment Advisors LLC Has $25.87 Million Stake in Dell Technologies Inc. $DELL

Concurrent Investment Advisors LLC boosted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 39.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 59,954 shares of the technology company’s stock after buying an additional 16,974 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Dell Technologies were worth $25,868,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Dell Technologies during the fourth quarter valued at $607,349,000. Wellington Management Group LLP grew its stake in Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after purchasing an additional 2,445,854 shares during the period. Michael & Susan Dell Foundation lifted its position in shares of Dell Technologies by 533.3% in the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after purchasing an additional 2,258,797 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Dell Technologies by 628.5% during the second quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after purchasing an additional 1,185,454 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on DELL. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a research note on Monday, June 1st. HSBC upgraded shares of Dell Technologies to a “buy” rating in a report on Friday, May 29th. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday. Finally, Citic Securities upped their price target on Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $553.79.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell reported record quarterly revenue of approximately $46.97 billion, up nearly 58% year over year, while adjusted EPS of $7.04 exceeded the $4.91 consensus estimate. Dell shares gain after strong AI server demand boosts annual forecast
• Positive Sentiment: AI server orders reached a record $60.9 billion, helping expand Dell’s AI-related backlog to roughly $95 billion. The backlog provides significant revenue visibility and reinforces the view that AI capital spending is translating into hardware sales. Dell AI Server Momentum Accelerates With Record AI Orders
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to approximately $192 billion from $167 billion and increased adjusted EPS guidance to $25.50 from $17.90. The higher outlook, Dell’s fifth consecutive revenue-guidance beat, prompted several analysts to lift price targets; JPMorgan raised its target to $635 while maintaining an Overweight rating. Dell shares rise as demand jumps for AI servers
• Positive Sentiment: Investors are increasingly viewing Dell as a key “picks-and-shovels” beneficiary of AI, particularly as enterprises consider on-premises infrastructure to control cloud-computing and AI token costs. Strong results from Broadcom and Hewlett Packard Enterprise have further supported the broader AI infrastructure trade. AI Infrastructure Demand Remains Red-Hot

Insider Buying and Selling at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 131,040 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $398.13, for a total value of $52,170,955.20. Following the transaction, the director owned 12,619 shares in the company, valued at $5,024,002.47. This trade represents a 91.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the completion of the transaction, the director directly owned 8,585 shares of the company’s stock, valued at $3,417,946.05. This trade represents a 94.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,527,629 shares of company stock worth $619,325,485. Company insiders own 41.50% of the company’s stock.

Dell Technologies Price Performance

Dell Technologies stock opened at $512.66 on Friday. The business has a 50 day simple moving average of $436.67 and a 200 day simple moving average of $307.41. The company has a market capitalization of $332.26 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $530.78.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter last year, the company 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. Equities analysts anticipate that Dell Technologies Inc. will post 18.22 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is presently 14.63%.

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.