Hartline Investment Corp Boosts Stake in Dell Technologies Inc. $DELL

Hartline Investment Corp increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 81.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,632 shares of the technology company’s stock after acquiring an additional 38,026 shares during the period. Dell Technologies makes up approximately 1.5% of Hartline Investment Corp’s portfolio, making the stock its 17th biggest holding. Hartline Investment Corp’s holdings in Dell Technologies were worth $13,891,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Bell Investment Advisors Inc boosted its position in shares of Dell Technologies by 19.3% during the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after purchasing an additional 52 shares in the last quarter. Raleigh Capital Management Inc. increased its holdings in shares of Dell Technologies by 6.9% in the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock valued at $171,000 after purchasing an additional 67 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in shares of Dell Technologies by 0.4% in the third quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock valued at $3,067,000 after purchasing an additional 78 shares during the period. Lindenwold Advisors INC boosted its holdings in Dell Technologies by 1.0% during the third quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock worth $1,302,000 after buying an additional 87 shares in the last quarter. Finally, Ancora Advisors LLC boosted its holdings in Dell Technologies by 18.6% during the third quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock worth $79,000 after buying an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Raymond James Financial cut Dell Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, May 29th. Mizuho raised their price objective on Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a research note on Monday, June 1st. The Goldman Sachs Group lifted their price objective on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Finally, Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $490.38.

Dell Technologies Trading Up 1.4%

Shares of NYSE DELL opened at $417.39 on Wednesday. The stock has a fifty day moving average price of $340.27 and a 200 day moving average price of $212.59. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $469.47. The company has a market cap of $270.51 billion, a P/E ratio of 33.15, a P/E/G ratio of 0.88 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid 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 dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 458,666 shares of Dell Technologies stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $177.24, for a total transaction of $81,293,961.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the sale, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. This trade represents a 82.75% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,901,953 shares of company stock valued at $1,403,598,971. 41.50% of the stock is currently owned by company insiders.

Key Dell Technologies News

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

• Positive Sentiment: President Trump again publicly praised Dell and told Americans to buy Dell computers, fueling fresh momentum in shares. Article: Dell’s stock jumps after Trump says, ‘Go out and buy a Dell computer’
• Positive Sentiment: Michael Dell and Susan Dell’s multibillion-dollar pledge to support Trump Accounts has added to the company’s visibility and investor enthusiasm. Article: Dell (NYSE:DELL) Joins Trump Accounts With A Multibillion Dollar Pledge And Trump Backing
• Positive Sentiment: Analysts and market commentators continue to point to Dell’s AI-server growth story as a key reason the stock remains supported despite its sharp run-up. Article: DELL Jumps 213% YTD: Is There More Room for the Stock to Appreciate?
• Neutral Sentiment: Some commentary warns that the stock may be getting overheated after its huge advance, with at least one note advising investors to wait for a pullback before buying. Article: Dell: I Would Wait For A Pullback To Enter The Stock
• Negative Sentiment: Bearish pieces are raising concerns about valuation, margin pressure, and competition, suggesting upside may be more limited after the recent surge. Article: Trump is Endorsing Dell Stock, But There Is an Uncomfortable Truth You Must Know

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.