Dell Technologies Inc. $DELL Shares Acquired by Austin Asset Management Co Inc

Austin Asset Management Co Inc boosted its position in Dell Technologies Inc. (NYSE:DELL) by 14.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,772 shares of the technology company’s stock after purchasing an additional 2,222 shares during the period. Dell Technologies comprises 0.5% of Austin Asset Management Co Inc’s investment portfolio, making the stock its 21st biggest position. Austin Asset Management Co Inc’s holdings in Dell Technologies were worth $2,917,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DELL. Vanguard Group Inc. increased its position in shares of Dell Technologies by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. State Street Corp boosted its position 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 boosted its position 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 in the last quarter. Invesco Ltd. grew its stake in Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after acquiring an additional 2,445,854 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in 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 acquiring an additional 1,090,336 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $431.97 on Thursday. The business has a 50-day moving average of $344.59 and a two-hundred day moving average of $214.76. The firm has a market capitalization of $279.96 billion, a PE ratio of 34.31, a P/E/G ratio of 0.89 and a beta of 1.31. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47.

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, topping analysts’ consensus estimates 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 business 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 business 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, research analysts anticipate that Dell Technologies Inc. will post 17.74 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on DELL. Piper Sandler upped their price target on shares of Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Argus increased their price target on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. The Goldman Sachs Group upped their target price on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, Truist Financial lifted their price target on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $492.76.

Insider Activity

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares in the company, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 458,666 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $177.24, for a total value of $81,293,961.84. The SEC filing for this sale provides additional information. In the last three months, insiders sold 4,055,405 shares of company stock valued at $1,471,039,891. 41.50% of the stock is currently owned by company insiders.

Dell Technologies News Roundup

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

• Positive Sentiment: Evercore reportedly raised its price target on Dell Technologies (DELL) on stronger AI demand expectations, reinforcing the market’s view that Dell’s AI server business still has room to grow. Dell Technologies in spotlight as Evercore ups price target on AI prospects
• Positive Sentiment: Recent trading chatter and a “power inflow” signal point to strong buying pressure in DELL, with traders betting on continued momentum in the stock. Dell Shares Rise 4% After Key Trading Signal
• Positive Sentiment: Media attention around President Trump repeatedly urging Americans to “buy Dell” has added to the stock’s visibility and helped fuel momentum in DELL. Dell Stock Jumps After Trump Urges Americans to ‘Buy Dell Computers’
• Neutral Sentiment: Multiple disclosures showed large equity sales by Silver Lake-related directors at about $410.52 per share, which may raise questions about insider sentiment but do not necessarily change Dell’s operating outlook. SEC filing
• Negative Sentiment: The insider selling is sizable, with several directors cutting positions by more than 60%, which could weigh on investor confidence in Dell Technologies (DELL) even amid the bullish AI narrative. SEC filing
• Negative Sentiment: Separately, a July 6 filing changed Dell’s bylaws to tighten shareholder proposal requirements, which some investors may view as reducing governance influence. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?

Dell Technologies 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.