A. D. Beadell Investment Counsel Inc. Has $517,000 Stake in Dell Technologies Inc. $DELL

A. D. Beadell Investment Counsel Inc. reduced its holdings in Dell Technologies Inc. (NYSE:DELL) by 45.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,150 shares of the technology company’s stock after selling 2,655 shares during the period. A. D. Beadell Investment Counsel Inc.’s holdings in Dell Technologies were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of DELL. Brighton Jones LLC grew its position in Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after acquiring an additional 901 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Dell Technologies during the 2nd quarter worth about $328,000. Marshall Wace LLP bought a new position in Dell Technologies during the 2nd quarter valued at about $809,000. Gamco Investors INC. ET AL boosted its position in 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 valued at $819,000 after buying an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC grew 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 worth $7,112,000 after buying an additional 34,538 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Barclays lowered Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Bank of America boosted their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Sanford C. Bernstein raised their target price on Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Royal Bank Of Canada began coverage on Dell Technologies in a report on Friday, May 29th. They issued an “outperform” rating for the company. Finally, Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $490.38.

Insiders Place Their Bets

In other Dell Technologies news, Director David W. Dorman sold 41,292 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $405.89, for a total value of $16,760,009.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 34,257 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $403.12, for a total transaction of $13,809,681.84. Following the completion of the transaction, the director directly owned 91,809 shares of the company’s stock, valued at $37,010,044.08. This trade represents a 27.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,873,252 shares of company stock valued at $1,391,926,654 in the last ninety days. 41.50% of the stock is currently owned by insiders.

Dell Technologies Trading Up 2.2%

Shares of NYSE:DELL opened at $427.89 on Wednesday. The stock has a market capitalization of $277.32 billion, a P/E ratio of 33.99, a P/E/G ratio of 0.90 and a beta of 1.30. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47. The business has a 50-day moving average price of $297.73 and a two-hundred day moving average price of $193.08.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $35.74 billion. During the same quarter last year, the firm earned $1.55 EPS. The company’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. As a group, equities analysts predict that Dell Technologies Inc. will post 17.6 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s payout ratio is 20.02%.

More Dell Technologies News

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

• Positive Sentiment: Dell launched the PowerEdge XE8812 server and broadened its AI Factory with NVIDIA, reinforcing its position in high-demand AI and HPC infrastructure. 144 GPUs per rack: Dell launches new server for massive supercomputing tasks
• Positive Sentiment: Morgan Stanley raised its price target on Dell to $477 from $448, signaling continued Wall Street confidence in the company’s upside potential. Morgan Stanley raises price target on Dell Technologies to 477 from 448, keeps equalweight rating
• Positive Sentiment: Analysts and industry coverage continue to highlight Dell as a momentum stock benefiting from strong AI server demand and a large backlog tied to enterprise and sovereign AI projects. Why Dell Technologies (DELL) is a top momentum stock for the long term
• Neutral Sentiment: An IDC–Dell study found 96% of Indian government leaders are advancing sovereign AI strategies, which supports the long-term demand narrative for Dell’s infrastructure offerings. IDC–Dell study: 96% of Indian government leaders advancing sovereign AI strategy
• Neutral Sentiment: Broader commentary from the server market points to rapidly growing AI infrastructure spending, which is helping lift Dell along with peers in the compute hardware space. Morgan Stanley lifts server market TAM to 809B, boosts targets on compute stocks

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.