Avantax Planning Partners Inc. Grows Holdings in Dell Technologies Inc. $DELL

Avantax Planning Partners Inc. raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 37.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,310 shares of the technology company’s stock after purchasing an additional 1,169 shares during the period. Avantax Planning Partners Inc.’s holdings in Dell Technologies were worth $707,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bell Investment Advisors Inc raised its stake in Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after purchasing an additional 52 shares during the last quarter. Raleigh Capital Management Inc. lifted its position in Dell Technologies by 6.9% in the first quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock valued at $171,000 after buying an additional 67 shares during the last quarter. Equitable Trust Co. raised its holdings in shares of Dell Technologies by 2.9% in the 1st quarter. Equitable Trust Co. now owns 2,506 shares of the technology company’s stock valued at $411,000 after buying an additional 71 shares during the period. Lindenwold Advisors INC grew its holdings in shares of Dell Technologies by 1.0% in the third quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock valued at $1,302,000 after purchasing an additional 87 shares in the last quarter. Finally, Ancora Advisors LLC boosted its stake in shares of Dell Technologies by 18.6% in the 3rd quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock valued at $79,000 after buying an additional 87 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on DELL shares. Wolfe Research lowered shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research note 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 report on Friday, May 29th. Piper Sandler boosted their target price on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Morgan Stanley lifted their price target on Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Finally, Bank of America upped their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a report on Friday, May 29th. One research 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 stock. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $492.76.

Insiders Place Their Bets

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the completion of the transaction, the director owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the transaction, the director directly owned 89,222 shares in the company, valued at approximately $40,465,745.88. The trade was a 40.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,816,758 shares of company stock valued at $1,516,412,103 in the last quarter. 41.50% of the stock is owned by insiders.

Dell Technologies Stock Performance

NYSE:DELL opened at $457.64 on Wednesday. The business’s 50-day simple moving average is $363.26 and its 200 day simple moving average is $223.64. The stock has a market cap of $296.60 billion, a price-to-earnings ratio of 36.35, a price-to-earnings-growth 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 posted its quarterly 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. The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.55 earnings per share. 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 predict that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

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

Dell Technologies News Summary

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

• Positive Sentiment: Multiple reports say Dell is “winning the AI infrastructure race,” citing strong demand for AI-optimized servers and the company’s growing role in data-center buildouts. Dell Is Winning the AI Infrastructure Race. Here’s What Comes Next After a 250% YTD Rally.
• Positive Sentiment: Another note said PC shipments were weaker in Q2, but Dell’s AI infrastructure segment continues to exceed expectations, helping support the stock’s long-term growth story. PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher
• Positive Sentiment: Analyst commentary remains constructive, with one article highlighting Dell’s strong interest coverage and solid growth prospects despite higher borrowing costs. DELL & 3 More Stocks With Strong Interest Coverage to Buy Now
• Neutral Sentiment: Several stories focused on how far Dell has already run this year and whether the stock can keep climbing, suggesting valuation is becoming a bigger debate after the rally. Missed DELL’s 248% Run? IGPT Quietly Turned $10K Into $16,600
• Negative Sentiment: Recent insider selling by several Silver Lake-related directors may be pressuring sentiment, since the sales were sizable and came near recent highs. SEC filing for Silver Lake Partners sale
• Negative Sentiment: One trading update noted Dell underperformed the broader market in the latest session, which may reflect profit-taking after the stock’s outsized year-to-date advance. Dell Technologies Registers a Bigger Fall Than the Market

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.