Brookstone Capital Management Acquires 3,054 Shares of Dell Technologies Inc. $DELL

Brookstone Capital Management boosted its holdings in Dell Technologies Inc. (NYSE:DELL) by 7.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 43,069 shares of the technology company’s stock after acquiring an additional 3,054 shares during the period. Brookstone Capital Management’s holdings in Dell Technologies were worth $7,069,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of DELL. Commonwealth Retirement Investments LLC bought a new stake in Dell Technologies in the 4th quarter worth approximately $25,000. Rossby Financial LCC lifted its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares during the period. Navalign LLC bought a new position in shares of Dell Technologies in the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies in the fourth quarter worth approximately $29,000. Finally, WealthCollab LLC grew its position in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares during the period. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Up 2.2%

NYSE DELL opened at $427.89 on Wednesday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47. The stock has a market cap of $277.32 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 0.90 and a beta of 1.30. The company’s 50 day moving average is $297.73 and its two-hundred day moving average is $193.08.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping 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 net margin of 6.28% and a negative return on equity of 366.90%. The company’s revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts forecast that Dell Technologies Inc. will post 17.6 EPS for the current year.

Dell Technologies Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $8,100,696.40. Following the transaction, the director directly owned 50,381 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Richard J. Rothberg sold 20,000 shares of Dell Technologies stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $410.00, for a total value of $8,200,000.00. Following the sale, the general counsel directly owned 142,415 shares in the company, valued at $58,390,150. This trade represents a 12.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,873,252 shares of company stock worth $1,391,926,654 in the last three months. 41.50% of the stock is owned by company insiders.

More Dell Technologies News

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 Ratings Changes

A number of analysts have commented on DELL shares. Piper Sandler upped their target price 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. Evercore lifted their price target on shares of Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Jefferies Financial Group lowered Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Finally, CLSA raised Dell Technologies to an “outperform” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $490.38.

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.