HighTower Advisors LLC Boosts Stock Holdings in Dell Technologies Inc. $DELL

HighTower Advisors LLC raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 9.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 224,344 shares of the technology company’s stock after purchasing an additional 19,148 shares during the period. HighTower Advisors LLC’s holdings in Dell Technologies were worth $28,240,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. increased its position in Dell Technologies by 200.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 46,242 shares of the technology company’s stock valued at $5,821,000 after purchasing an additional 30,872 shares during the period. Entrust Financial LLC purchased a new position in Dell Technologies during the 4th quarter valued at about $43,000. Intrua Financial LLC purchased a new position in Dell Technologies during the 4th quarter valued at about $266,000. Gamco Investors INC. ET AL increased its position in Dell Technologies by 64.6% during the 4th quarter. Gamco Investors INC. ET AL now owns 3,095 shares of the technology company’s stock valued at $390,000 after purchasing an additional 1,215 shares during the period. Finally, Gabelli Funds LLC increased its position in Dell Technologies by 38.8% during the 4th quarter. Gabelli Funds LLC now owns 30,944 shares of the technology company’s stock valued at $3,895,000 after purchasing an additional 8,644 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analysts expect Dell to beat fiscal first-quarter estimates, with upbeat revisions and higher price targets adding to the stock’s rally ahead of earnings on May 28. Dell stock rallies as analysts show love ahead of Q1 earnings
• Positive Sentiment: AI demand remains a major catalyst, with Dell’s server backlog and revenue targets pointing to strong growth in enterprise and hyperscale AI infrastructure. Dell’s AI Data Center Expansion Gains Pace: What Lies Ahead?
• Positive Sentiment: The shares hit a fresh record and 52-week high as investors continue to re-rate Dell higher on the strength of its AI story ahead of earnings. Dell Stock Surges to Fresh Record Ahead of Earnings Next Week
• Positive Sentiment: Heavy call-option activity suggests traders are positioning for more upside into the earnings report. Dell Technologies Stock Hits 52-Week High – Here’s Why
• Neutral Sentiment: Dell also announced that an Infrastructure Solutions Group executive will present at a June investor conference, keeping the company in focus with investors but not changing near-term fundamentals. Dell Technologies to Present at Investor Conference in June
• Neutral Sentiment: Most of the recent coverage is centered on upcoming earnings and AI momentum, so the stock’s move is still largely driven by expectations rather than confirmed results. Dell Stock Leads the S&P 500 Today. Next Week’s Earnings Could Send It Higher.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Daiwa Securities Group raised their target price on shares of Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Wells Fargo & Company lifted their price objective on shares of Dell Technologies from $180.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday. Mizuho lifted their price objective on shares of Dell Technologies from $215.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Wolfe Research assumed coverage on shares of Dell Technologies in a research report on Thursday, April 9th. They issued a “peer perform” rating on the stock. Finally, The Goldman Sachs Group lifted their price objective on shares of Dell Technologies from $215.00 to $230.00 in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $211.32.

Dell Technologies Trading Up 16.7%

NYSE:DELL opened at $294.97 on Friday. The company has a market cap of $190.48 billion, a PE ratio of 33.83, a P/E/G ratio of 0.95 and a beta of 0.99. Dell Technologies Inc. has a twelve month low of $106.38 and a twelve month high of $298.32. The company’s 50 day moving average is $199.13 and its two-hundred day moving average is $153.21.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping the consensus estimate of $3.53 by $0.36. The company had revenue of $33.38 billion for the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. Dell Technologies’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.68 EPS. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, analysts expect that Dell Technologies Inc. will post 11.87 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a $2.52 annualized dividend and a yield of 0.9%. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s payout ratio is presently 28.90%.

Insider Activity at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the sale, the insider owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. The trade was a 86.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total transaction of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,571,688 shares of company stock worth $576,654,105 in the last 90 days. 42.00% of the stock is owned by insiders.

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.