FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,494 shares of the technology company’s stock, valued at approximately $440,000.
Several other large investors have also bought and sold shares of DELL. Brighton Jones LLC lifted its stake in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after acquiring an additional 901 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dell Technologies during the 2nd quarter worth $328,000. Marshall Wace LLP bought a new stake in shares of Dell Technologies during the 2nd quarter worth $809,000. Gamco Investors INC. ET AL raised its stake in shares of Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the period. 76.37% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on DELL. Bank of America lifted their target price on Dell Technologies from $246.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Wells Fargo & Company lifted their target price on Dell Technologies from $180.00 to $270.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Sanford C. Bernstein reiterated an “outperform” rating and set a $280.00 target price on shares of Dell Technologies in a research note on Wednesday, May 20th. Mizuho lifted their target price on Dell Technologies from $215.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Raymond James Financial lifted their target price on Dell Technologies from $166.00 to $182.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $211.32.
Dell Technologies Stock Up 4.2%
DELL stock opened at $318.22 on Friday. The firm has a market capitalization of $205.49 billion, a PE ratio of 36.49, a PEG ratio of 1.12 and a beta of 0.99. Dell Technologies Inc. has a twelve month low of $106.38 and a twelve month high of $327.73. The stock has a 50-day simple moving average of $211.39 and a two-hundred day simple moving average of $157.54.
Dell Technologies (NYSE:DELL – Get Free Report) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The company’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, equities research analysts anticipate that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.
Key Headlines Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell reported fiscal Q1 revenue of $43.8 billion, far above estimates, with EPS of $5.24 and non-GAAP EPS of $4.86 both topping forecasts by a wide margin. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
- Positive Sentiment: AI infrastructure demand was the standout catalyst: AI-optimized server revenue jumped sharply, and Dell said its backlog/orders and data-center momentum support continued growth. Dell raises annual forecasts as AI data center buildout fuels demand
- Positive Sentiment: Management raised FY2027 guidance to $165 billion-$169 billion in revenue and $17.90 EPS, signaling confidence that AI and server spending will keep accelerating. Dell Raises Fiscal Year Outlook After Sales Soar 88%
- Positive Sentiment: Dell also won a $9.7 billion Pentagon software contract, which added an extra boost to sentiment ahead of earnings and reinforced the company’s government/enterprise footprint. Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump
Insider Transactions at Dell Technologies
In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $145.13, for a total value of $21,819,714.98. Following the transaction, the director directly owned 65,662 shares of the company’s stock, valued at $9,529,526.06. The trade was a 69.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,571,688 shares of company stock valued at $576,654,105 in the last ninety days. Insiders own 41.50% of the company’s stock.
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.
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