Kestra Private Wealth Services LLC Acquires 2,245 Shares of Dell Technologies Inc. $DELL

Kestra Private Wealth Services LLC raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 20.7% during the first quarter, HoldingsChannel reports. The firm owned 13,099 shares of the technology company’s stock after acquiring an additional 2,245 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Dell Technologies were worth $2,150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of DELL. Norges Bank acquired a new position in shares of Dell Technologies during the 4th quarter worth $607,349,000. Wellington Management Group LLP boosted its stake in Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after buying an additional 2,937,137 shares in the last quarter. Invesco Ltd. grew its position in Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after acquiring an additional 2,445,854 shares during the last quarter. Michael & Susan Dell Foundation raised its stake in Dell Technologies by 533.3% during the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after acquiring an additional 2,258,797 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Dell Technologies by 541.9% in the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock worth $283,052,000 after acquiring an additional 1,685,529 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

DELL opened at $394.93 on Monday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47. The company’s 50 day moving average price is $311.46 and its two-hundred day moving average price is $198.86. The firm has a market capitalization of $255.96 billion, a price-to-earnings ratio of 31.37, a PEG ratio of 0.85 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 17.74 EPS for the current year.

Dell Technologies Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DELL shares. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Truist Financial raised their target price on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, May 29th. Morgan Stanley boosted their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Finally, UBS Group set a $700.00 price target on shares of Dell Technologies in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $490.38.

More Dell Technologies News

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

• Positive Sentiment: Dell is still being viewed as a major AI infrastructure winner, with reports pointing to strong demand for AI servers, a record AI backlog, and favorable commentary from analysts who remain constructive on the stock. Goldman Sachs Raises Price Target on Dell Technologies Following Strong AI Server Demand
• Positive Sentiment: Wall Street remains generally bullish, with multiple firms raising price targets after Dell’s strong earnings and management’s upbeat outlook for AI-driven growth. Dell Technologies Inc. Stock Forecast
• Positive Sentiment: Shareholders approved moving Dell’s legal home from Delaware to Texas, a symbolic win for Michael Dell and a move management says better reflects the company’s roots and business identity. Dell shareholders approve legal move from Delaware to Texas
• Neutral Sentiment: Dell is drawing extra investor attention ahead of earnings and after a big rally, but several of the recent articles are mostly momentum and interest pieces rather than new fundamental updates. Dell Technologies is Attracting Investor Attention
• Neutral Sentiment: A director sold shares under a pre-arranged 10b5-1 plan, which is routine but can still add a little pressure to sentiment. Director Lynn Vojvodich Radakovich stock sale
• Negative Sentiment: The stock also faced selling pressure after a brokerage downgrade raised valuation concerns and worried that some of Dell’s AI-related upside may already be priced in. Dell Shares Tumble Following Analyst Downgrade to Hold
• Negative Sentiment: Broader commentary about rising memory-chip costs and hardware margin pressure has also weighed on Dell shares, since higher component prices could squeeze profitability across the PC and server businesses. Apple hikes prices as memory chip costs skyrocket

Insider Buying and Selling

In other news, Director Spv-2 L.P. Sl sold 34,257 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 $13,809,681.84. Following the completion of the transaction, the director directly owned 91,809 shares in the company, valued at $37,010,044.08. This trade represents a 27.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 shares were sold at an average price of $403.12, for a total value of $8,100,696.40. Following the completion of the sale, the director owned 50,381 shares in the company, valued at $20,309,588.72. The trade was a 28.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,885,274 shares of company stock valued at $1,396,987,916. Corporate insiders own 41.50% of the company’s stock.

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.