CHICAGO TRUST Co NA Buys New Position in Dell Technologies Inc. $DELL

CHICAGO TRUST Co NA bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,463 shares of the technology company’s stock, valued at approximately $240,000.

A number of other hedge funds have also added to or reduced their stakes in DELL. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth approximately $25,000. Rossby Financial LCC lifted its position in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares during the period. Portus Wealth Advisors LLC acquired a new position in shares of Dell Technologies during the 1st quarter valued at $35,000. Kemnay Advisory Services Inc. bought a new position in Dell Technologies during the fourth quarter worth $29,000. Finally, Navalign LLC acquired a new stake in Dell Technologies in the fourth quarter worth $29,000. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Price Performance

Shares of DELL stock opened at $394.29 on Friday. The firm has a 50-day moving average of $328.66 and a 200-day moving average of $206.73. The company has a market cap of $255.54 billion, a P/E ratio of 31.32, a P/E/G ratio of 0.91 and a beta of 1.31. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The firm 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 366.90% and a net margin of 6.28%.The company’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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, research analysts expect that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

More Dell Technologies News

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

• Positive Sentiment: Analysts and market commentary continue to point to Dell as a key winner in the AI infrastructure boom, with strong demand for AI servers and data-center hardware supporting the long-term growth story. Article: Wall Street Bulls Look Optimistic About Dell Technologies (DELL): Should You Buy?
• Positive Sentiment: Reports say Dell is expanding its enterprise AI push, including launching PowerStore Elite in India, which reinforces the company’s role in AI storage and infrastructure spending. Article: Dell Technologies Brings PowerStore Elite To India, Widens Agentic AI Push For Enterprises
• Positive Sentiment: Some coverage suggests Dell may benefit as customers look for alternatives to Super Micro amid investigation-related concerns, potentially helping Dell gain share in AI servers. Article: Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Neutral Sentiment: Recent commentary says Dell’s shares may have run too far, too fast, with the stock near a 52-week high and some analysts describing the risk/reward as less attractive after the big rally. Article: Dell: Too Far, Too Fast
• Neutral Sentiment: Dell also completed its redomestication to Texas corporation status, a corporate structure change that is operationally relevant but not an immediate earnings driver. Article: Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: One article warns that Dell’s AI growth is coming with a margin hit, suggesting the market may be underestimating pressure on gross margins as lower-margin AI server sales rise. Article: Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A director recently sold about $6.6 million of stock, which can add to caution after the stock’s strong recent move. Article: Insider Selling: Dell Technologies (NYSE:DELL) Director Sells $6,611,055.23 in Stock

Wall Street Analysts Forecast Growth

DELL has been the subject of several research analyst reports. Roth Mkm initiated coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued a “buy” rating for the company. Melius Research set a $565.00 target price on Dell Technologies in a research note on Friday, May 29th. Evercore increased their price target on Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Wolfe Research cut Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research note on Friday, May 29th. Finally, Citigroup started coverage on Dell Technologies in a report on Monday, June 1st. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $490.38.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 458,666 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $177.24, for a total transaction of $81,293,961.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Jeffrey W. Clarke sold 116,000 shares of Dell Technologies stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the transaction, the chief operating officer owned 1,687,414 shares of the company’s stock, valued at $307,919,306.72. The trade was a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,901,953 shares of company stock worth $1,403,598,971 over the last quarter. 41.50% of the stock is currently owned by corporate insiders.

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.