Centerpoint Advisory Group Purchases Shares of 1,400 Dell Technologies Inc. $DELL

Centerpoint Advisory Group acquired a new position in Dell Technologies Inc. (NYSE:DELL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,400 shares of the technology company’s stock, valued at approximately $230,000.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its position in Dell Technologies by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the last quarter. State Street Corp grew its stake in shares of Dell Technologies by 1.8% in the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after buying an additional 265,740 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Dell Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after buying an additional 108,011 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after buying an additional 2,445,854 shares during the last quarter. Finally, Deutsche Bank AG raised its position in shares of Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after buying an additional 1,090,336 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

Shares of DELL stock opened at $415.42 on Tuesday. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $469.47. The firm has a market capitalization of $269.24 billion, a P/E ratio of 32.92, a P/E/G ratio of 0.84 and a beta of 1.31. The stock has a 50 day moving average price of $336.24 and a 200 day moving average price of $210.55.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate 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 company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter in the prior year, the company posted $1.55 EPS. Dell Technologies’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, sell-side analysts forecast that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

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

Trending Headlines about Dell Technologies

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

• Positive Sentiment: President Trump’s repeated public praise and direct call for consumers to buy Dell computers gave the stock a major publicity boost and helped drive a strong surge in shares. Dell Stock Rises After Trump Comments
• Positive Sentiment: Some market coverage also pointed to Dell’s ongoing AI infrastructure demand and server growth story, which continues to support the bullish long-term narrative despite the stock’s big year-to-date run. DELL Jumps 213% YTD: Is There More Room for the Stock to Appreciate?
• Neutral Sentiment: Analyst commentary remained constructive overall, with Raymond James and other observers still viewing Dell as a key AI-beneficiary name, though the stock’s valuation and recent move may limit upside near term. Here’s What Raymond James Thinks About Dell Technologies (DELL)
• Negative Sentiment: Some reports noted that the Trump-driven pop was fading at times, suggesting traders may be taking profits after the sharp move rather than bidding the stock up steadily all session. Dell’s stock gets another Trump bump — but this time it’s fading

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the transaction, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jeffrey W. Clarke sold 116,000 shares of Dell Technologies stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $182.48, for a total value of $21,167,680.00. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 3,901,953 shares of company stock valued at $1,403,598,971. 41.50% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the company. Citigroup began coverage on Dell Technologies in a research report on Monday, June 1st. They issued an “outperform” rating for the company. Sanford C. Bernstein raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Mizuho lifted their target price on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. UBS Group set a $700.00 target price on Dell Technologies in a research report on Friday, May 29th. Finally, The Goldman Sachs Group increased their price target on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $490.38.

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.