Hennion & Walsh Asset Management Inc. Sells 1,114 Shares of Dell Technologies Inc. $DELL

Hennion & Walsh Asset Management Inc. reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 3.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 33,496 shares of the technology company’s stock after selling 1,114 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Dell Technologies were worth $14,452,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DELL. Campbell Capital Management Inc. boosted its position in shares of Dell Technologies by 34.0% during the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after buying an additional 20,362 shares during the period. ProShare Advisors LLC raised its position in Dell Technologies by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after buying an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Dell Technologies in the 4th quarter valued at approximately $23,332,000. Tectonic Advisors LLC bought a new stake in Dell Technologies in the 4th quarter valued at approximately $5,620,000. Finally, Gabelli Funds LLC boosted its position in Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after acquiring an additional 15,150 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Up 3.7%

Shares of Dell Technologies stock opened at $453.71 on Friday. The stock has a market cap of $294.05 billion, a P/E ratio of 36.04, a P/E/G ratio of 0.97 and a beta of 1.33. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $485.70. The business’s 50 day moving average is $417.22 and its 200-day moving average is $260.25.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate 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 net margin of 6.28% and a negative return on equity of 366.90%. The firm’s revenue was up 87.5% on a year-over-year basis. During the same period last 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 expect that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 20.02%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DELL shares. Royal Bank Of Canada began coverage on shares of Dell Technologies in a report on Friday, May 29th. They issued an “outperform” rating on the stock. Wells Fargo & Company increased their target price on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Morgan Stanley raised their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd. Melius Research set a $565.00 price target on shares of Dell Technologies in a research report on Friday, May 29th. Finally, Roth Capital assumed coverage on shares of Dell Technologies in a research note on Friday, May 29th. They set a “buy” rating for the company. One 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $494.67.

Insider Activity

In other news, Director Spv-2 L.P. Sl sold 59,492 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the sale, the director directly owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. This represents a 40.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $31,160,919.24. Following the transaction, the director owned 67,990 shares of the company’s stock, valued at $30,836,184.60. The trade was a 50.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 in the last 90 days. 41.50% of the stock is owned by company insiders.

Dell Technologies News Summary

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

• Positive Sentiment: Investors continue to point to Dell’s AI-server momentum, including reported contract wins tied to the Volta AI factory and Texas A&M’s IGNITE platform. The company’s latest results also showed record revenue, strong AI-optimized server sales and a substantial AI order pipeline. Dell Technologies Could Be 4% Below Fair Value on AI Infrastructure Wins
• Positive Sentiment: Analyst sentiment remains broadly favorable, with recent price targets generally above the current trading range and a reported median target of $500. Optimism centers on enterprise IT spending and demand for AI servers, while partnerships with Nvidia, AMD and Microsoft reinforce Dell’s competitive positioning. Is Dell Technologies a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A broader view from Barchart argues that Dell’s long-term growth opportunity remains intact despite its major rally, citing rising enterprise technology spending as a foundation for further expansion. After a 250% Rally, Dell Stock Still Has Room to Run
• Neutral Sentiment: Dell’s collaboration with Nokia and Nvidia on AI-powered radio access networks and future 6G connectivity adds strategic visibility, although the initiative is primarily a Nokia-focused announcement and its direct financial impact on Dell is not yet clear. Nokia Launches AI RAN Platform
• Negative Sentiment: Seeking Alpha downgraded Dell, arguing that the business is strong but the stock is now fully valued following its steep advance. This valuation concern could encourage profit-taking near the stock’s highs. Dell: Great Business, Full Price
• Negative Sentiment: Weakness in a major AI-server peer triggered a sector-wide reassessment, pressuring Dell on concerns that AI hardware demand or near-term orders could disappoint. Dell’s next earnings report is scheduled for September 3, leaving the stock sensitive to peer results and industry commentary. Dell Slips as Peer Earnings Pressure AI Server Trade
• Negative Sentiment: Investor’s Business Daily highlighted a failed breakout and discussed exiting the trade, signaling short-term technical risk after Dell’s rapid run-up. Extensive recent insider selling may add to concerns about profit-taking, even though it does not necessarily indicate deteriorating fundamentals. Exiting Gracefully on Opening Bell Disasters

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.