Dell Technologies Inc. $DELL Shares Acquired by Bearing Point Capital LLC

Bearing Point Capital LLC increased its stake in Dell Technologies Inc. (NYSE:DELL) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 60,095 shares of the technology company’s stock after buying an additional 4,930 shares during the quarter. Bearing Point Capital LLC’s holdings in Dell Technologies were worth $7,565,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Providence Capital Advisors LLC acquired a new stake in shares of Dell Technologies in the third quarter valued at about $7,060,000. Campbell Capital Management Inc. grew its stake in shares of Dell Technologies by 34.0% in the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after buying an additional 20,362 shares in the last quarter. Lingohr Asset Management GmbH boosted its holdings in Dell Technologies by 733.9% in the third quarter. Lingohr Asset Management GmbH now owns 58,898 shares of the technology company’s stock valued at $8,320,000 after purchasing an additional 51,835 shares during the last quarter. ProShare Advisors LLC grew its stake in Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after purchasing an additional 7,642 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Dell Technologies during the 4th quarter valued at approximately $23,332,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on DELL shares. The Goldman Sachs Group raised their price objective on Dell Technologies from $215.00 to $230.00 in a research note on Thursday, April 30th. Bank of America raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research note on Friday. Loop Capital raised their price objective on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company raised their price objective on Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Daiwa Securities Group raised their price objective on Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $421.00.

Insiders Place Their Bets

In related news, Director V (Gp) L.L.C. Slta sold 382,000 shares of the firm’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 value of $67,541,420.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider William F. Scannell sold 143,067 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares in the company, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,571,688 shares of company stock worth $576,654,105. 41.50% of the stock is currently owned by insiders.

Dell Technologies Trading Up 32.8%

Shares of NYSE DELL opened at $420.96 on Friday. The company has a market cap of $271.83 billion, a price-to-earnings ratio of 33.44, a price-to-earnings-growth ratio of 1.55 and a beta of 0.99. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $429.15. The stock’s 50 day simple moving average is $216.82 and its 200 day simple moving average is $159.38.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 324.36% and a net margin of 6.28%.The business’s revenue was up 87.5% on a year-over-year basis. During the same quarter last year, the business posted $1.55 EPS. 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 analysts forecast that Dell Technologies Inc. will post 12.21 earnings per share for the current fiscal year.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

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.