Dell Technologies Inc. $DELL Shares Acquired by Birinyi Associates Inc

Birinyi Associates Inc lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 64.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,642 shares of the technology company’s stock after buying an additional 10,437 shares during the period. Dell Technologies makes up approximately 0.8% of Birinyi Associates Inc’s investment portfolio, making the stock its 19th biggest holding. Birinyi Associates Inc’s holdings in Dell Technologies were worth $3,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in DELL. Brighton Jones LLC lifted its position in Dell Technologies by 42.7% during the fourth 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 period. Sivia Capital Partners LLC acquired a new position in Dell Technologies during the second quarter valued at $328,000. Marshall Wace LLP acquired a new position in Dell Technologies during the second quarter valued at $809,000. Gamco Investors INC. ET AL lifted its position in Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after purchasing an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC lifted its position 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 purchasing an additional 34,538 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In other news, CFO David Alan Kennedy sold 19,500 shares of the business’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer owned 183,097 shares of the company’s stock, valued at $33,420,695.41. The trade was a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Richard Troy Sharp sold 1,538 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $149.26, for a total transaction of $229,561.88. Following the sale, the chief accounting officer directly owned 8,030 shares of the company’s stock, valued at $1,198,557.80. This represents a 16.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,071,687 shares of company stock valued at $501,560,818. Corporate insiders own 41.50% of the company’s stock.

Analyst Ratings Changes

DELL has been the subject of a number of research reports. Royal Bank Of Canada initiated coverage on shares of Dell Technologies in a research report on Friday. They set an “outperform” rating for the company. Evercore boosted their target price on shares of Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday. The Goldman Sachs Group lifted their price objective on shares of Dell Technologies from $215.00 to $230.00 in a report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their price objective on shares of Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $421.00.

Dell Technologies Stock Performance

DELL opened at $420.96 on Monday. Dell Technologies Inc. has a fifty-two week low of $106.38 and a fifty-two week high of $429.15. The company has a fifty day moving average of $216.82 and a two-hundred day moving average of $159.50. The stock has a market capitalization of $271.83 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 1.55 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the previous year, the company earned $1.55 earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts forecast that Dell Technologies Inc. will post 12.21 earnings per share for the current year.

Key Dell Technologies News

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.