Cornerstone Advisory LLC Buys Shares of 2,346 Dell Technologies Inc. $DELL

Cornerstone Advisory LLC bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 2,346 shares of the technology company’s stock, valued at approximately $385,000.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Dell Technologies during the fourth quarter worth $607,349,000. Wellington Management Group LLP lifted its holdings in shares of Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. boosted its position 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 purchasing an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation grew its stake in Dell Technologies by 533.3% during the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after buying an additional 2,258,797 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Dell Technologies by 4.5% during the 4th 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. Institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the sale, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. This trade represents a 44.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $31,160,919.24. Following the completion of the sale, the director directly owned 67,990 shares in the company, valued at $30,836,184.60. This represents a 50.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,434,758 shares of company stock valued at $1,448,870,683 in the last 90 days. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Stock Down 9.9%

Shares of DELL opened at $412.17 on Thursday. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $469.47. The stock has a market cap of $267.13 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31. The firm’s fifty day moving average is $366.72 and its two-hundred day moving average is $225.64.

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. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior 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 anticipate that Dell Technologies Inc. will post 17.74 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced 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. 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 dividend payout ratio is presently 20.02%.

Dell Technologies News Roundup

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

• Negative Sentiment: AI hardware stocks sold off broadly, with commentary pointing to fears that the memory cycle may be peaking and that demand expectations for AI infrastructure may be too optimistic after a big run-up. TipRanks article on Dell stock tanks 14%
• Negative Sentiment: Reports also highlighted AI infrastructure overcapacity concerns, suggesting traders are reassessing whether Dell’s AI server growth story has already been fully priced in. Blockonomi article on AI infrastructure overcapacity concerns
• Negative Sentiment: Heavy insider selling added to the weak sentiment, including a recent disclosure that a Silver Lake-related director sold 34,869 shares, reinforcing profit-taking concerns after Dell’s powerful rally. SEC filing for Dell insider sale
• Negative Sentiment: Market coverage noted that Dell’s decline was larger than the broader market’s move, signaling that investors are rotating out of the name after a steep year-to-date advance. Zacks article on Dell bigger fall than the market

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. William Blair started coverage on shares of Dell Technologies in a report on Monday, June 1st. They issued a “neutral” rating for the company. Citigroup started coverage on shares of Dell Technologies in a report on Monday, June 1st. They set an “outperform” rating on the stock. Royal Bank Of Canada initiated coverage on Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating for the company. Raymond James Financial cut Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. Finally, UBS Group set a $700.00 price target on Dell Technologies in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $492.76.

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.