Boyd Watterson Asset Management LLC OH Sells 2,047 Shares of Dell Technologies Inc. $DELL

Boyd Watterson Asset Management LLC OH lessened its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 41.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,914 shares of the technology company’s stock after selling 2,047 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in Dell Technologies were worth $478,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in DELL. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies in the 4th quarter worth $25,000. Rossby Financial LCC increased its stake in shares of Dell Technologies by 968.4% in the fourth 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 acquired a new position in shares of Dell Technologies during the 4th quarter worth about $29,000. Kemnay Advisory Services Inc. bought a new stake in Dell Technologies during the 4th quarter valued at approximately $29,000. Finally, WealthCollab LLC grew its holdings in Dell Technologies by 82.0% in the 2nd 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 last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on DELL. JPMorgan Chase & Co. lifted their price target on Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Mizuho raised their price objective on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. Royal Bank Of Canada started coverage on shares of Dell Technologies in a research report on Friday, May 29th. They set an “outperform” rating on the stock. William Blair began coverage on shares of Dell Technologies in a report on Monday, June 1st. They issued a “neutral” rating for the company. Finally, Zacks Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. One equities 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $490.38.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Analysts and market commentary continue to point to Dell as a key winner in the AI infrastructure boom, with strong demand for AI servers and data-center hardware supporting the long-term growth story. Article: Wall Street Bulls Look Optimistic About Dell Technologies (DELL): Should You Buy?
• Positive Sentiment: Reports say Dell is expanding its enterprise AI push, including launching PowerStore Elite in India, which reinforces the company’s role in AI storage and infrastructure spending. Article: Dell Technologies Brings PowerStore Elite To India, Widens Agentic AI Push For Enterprises
• Positive Sentiment: Some coverage suggests Dell may benefit as customers look for alternatives to Super Micro amid investigation-related concerns, potentially helping Dell gain share in AI servers. Article: Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Neutral Sentiment: Recent commentary says Dell’s shares may have run too far, too fast, with the stock near a 52-week high and some analysts describing the risk/reward as less attractive after the big rally. Article: Dell: Too Far, Too Fast
• Neutral Sentiment: Dell also completed its redomestication to Texas corporation status, a corporate structure change that is operationally relevant but not an immediate earnings driver. Article: Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: One article warns that Dell’s AI growth is coming with a margin hit, suggesting the market may be underestimating pressure on gross margins as lower-margin AI server sales rise. Article: Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A director recently sold about $6.6 million of stock, which can add to caution after the stock’s strong recent move. Article: Insider Selling: Dell Technologies (NYSE:DELL) Director Sells $6,611,055.23 in Stock

Dell Technologies Trading Down 7.3%

Shares of NYSE DELL opened at $394.29 on Friday. The business has a fifty day simple moving average of $328.66 and a 200 day simple moving average of $206.73. The firm has a market capitalization of $255.54 billion, a price-to-earnings ratio of 31.32, a PEG 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 released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the company posted $1.55 EPS. The company’s revenue was up 87.5% compared to the same quarter last year. 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, research analysts anticipate that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the transaction, the director directly owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This trade represents a 88.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jeffrey W. Clarke sold 116,000 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the sale, the chief operating officer owned 1,687,414 shares in the company, valued at $307,919,306.72. This represents a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 3,901,953 shares of company stock valued at $1,403,598,971. 41.50% of the stock is owned by insiders.

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.