Corient Private Wealth LLC Has $15.05 Million Stock Holdings in Dell Technologies Inc. $DELL

Corient Private Wealth LLC increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 7.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 119,018 shares of the technology company’s stock after purchasing an additional 7,957 shares during the quarter. Corient Private Wealth LLC’s holdings in Dell Technologies were worth $15,050,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after acquiring an additional 1,355,841 shares during the period. State Street Corp grew its holdings in shares of Dell Technologies by 1.8% during the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after purchasing an additional 265,740 shares during the last quarter. Geode Capital Management LLC increased its position in 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 valued at $939,808,000 after acquiring an additional 108,011 shares during the period. Invesco Ltd. raised its position in Dell Technologies by 50.4% during 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 during the last quarter. Finally, Deutsche Bank AG raised its position in shares of Dell Technologies by 24.6% during the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after acquiring an additional 1,090,336 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Price Performance

Shares of DELL stock opened at $427.89 on Wednesday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The company’s fifty day simple moving average is $297.73 and its two-hundred day simple moving average is $193.08. The stock has a market capitalization of $277.32 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 0.90 and a beta of 1.30.

Dell Technologies (NYSE:DELL) 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 366.90% and a net margin of 6.28%.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. Equities research analysts anticipate that Dell Technologies Inc. will post 17.6 EPS for the current year.

Dell Technologies Dividend Announcement

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 given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s payout ratio is presently 20.02%.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell launched the PowerEdge XE8812 server and broadened its AI Factory with NVIDIA, reinforcing its position in high-demand AI and HPC infrastructure. 144 GPUs per rack: Dell launches new server for massive supercomputing tasks
• Positive Sentiment: Morgan Stanley raised its price target on Dell to $477 from $448, signaling continued Wall Street confidence in the company’s upside potential. Morgan Stanley raises price target on Dell Technologies to 477 from 448, keeps equalweight rating
• Positive Sentiment: Analysts and industry coverage continue to highlight Dell as a momentum stock benefiting from strong AI server demand and a large backlog tied to enterprise and sovereign AI projects. Why Dell Technologies (DELL) is a top momentum stock for the long term
• Neutral Sentiment: An IDC–Dell study found 96% of Indian government leaders are advancing sovereign AI strategies, which supports the long-term demand narrative for Dell’s infrastructure offerings. IDC–Dell study: 96% of Indian government leaders advancing sovereign AI strategy
• Neutral Sentiment: Broader commentary from the server market points to rapidly growing AI infrastructure spending, which is helping lift Dell along with peers in the compute hardware space. Morgan Stanley lifts server market TAM to 809B, boosts targets on compute stocks

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Evercore boosted their target price on shares of Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Bank of America boosted their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, May 29th. HSBC raised Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Jefferies Financial Group cut shares of Dell Technologies to a “hold” rating in a report on Monday, June 1st. Finally, Melius Research set a $565.00 price objective on Dell Technologies in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $490.38.

Insiders Place Their Bets

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of Dell Technologies stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $8,100,696.40. Following the completion of the sale, the director owned 50,381 shares of the company’s stock, valued at $20,309,588.72. The trade was a 28.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Spv-2 L.P. Sl sold 34,257 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $13,809,681.84. Following the completion of the sale, the director directly owned 91,809 shares of the company’s stock, valued at approximately $37,010,044.08. This represents a 27.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,873,252 shares of company stock valued at $1,391,926,654 over the last three months. Corporate insiders own 41.50% of the company’s stock.

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.