KMG Fiduciary Partners LLC Lowers Position in Dell Technologies Inc. $DELL

KMG Fiduciary Partners LLC decreased its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 97.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 790 shares of the technology company’s stock after selling 27,832 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Dell Technologies were worth $341,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of DELL. Brighton Jones LLC boosted its holdings in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Dell Technologies during the second quarter valued at about $328,000. Marshall Wace LLP bought a new stake in shares of Dell Technologies in the second quarter worth about $809,000. Gamco Investors INC. ET AL lifted its position in shares of Dell Technologies by 30.2% in the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after buying an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Dell Technologies by 147.2% during the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after buying an additional 34,538 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on DELL. Sanford C. Bernstein raised their price target on Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Bank of America upped their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Raymond James Financial lowered shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, May 29th. Morgan Stanley reduced their price target on shares of Dell Technologies from $477.00 to $430.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, HSBC raised shares of Dell Technologies to a “buy” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $492.43.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Expanded distribution could improve sales reach. Dell expanded its partnership with D&H Distributing, which is now authorized to sell Dell’s full storage and server portfolio across the United States and Canada. The broader reseller network could increase access to Dell’s datacenter and infrastructure products, including AI-related systems. What Does Dell Technologies Full North America Distribution Reach Mean?
• Positive Sentiment: AI server demand remains the main growth catalyst. Recent coverage highlights Dell’s strong AI server demand, record backlog and ongoing server refresh cycle. Dell has also benefited from broader strength in AI server stocks, reinforcing expectations that data-center spending can support revenue growth. AI Server Stocks Advance
• Neutral Sentiment: Analysts disagree on valuation. One analysis argues Dell may be undervalued based on discounted-cash-flow and earnings-based estimates, while another says the stock is expensive at a premium multiple despite its growth outlook. This valuation debate may make investors more sensitive to interest rates, earnings execution and forward guidance. DELL Is Overvalued: Should You Still Buy the Stock?
• Negative Sentiment: Macro conditions pressured the stock. Technology and other growth sectors weakened as investors awaited inflation data that could influence interest-rate expectations. Higher oil prices and the resulting risk of persistent inflation also created a less favorable backdrop for high-multiple stocks.

Insiders Place Their Bets

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

Dell Technologies Price Performance

Shares of NYSE DELL opened at $440.54 on Wednesday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $485.70. The firm has a 50-day simple moving average of $417.18 and a two-hundred day simple moving average of $265.98. The company has a market cap of $285.52 billion, a P/E ratio of 34.99, a PEG ratio of 0.98 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The company’s quarterly revenue was up 87.5% on a year-over-year basis. 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 expect that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

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.