Dell Technologies Inc. $DELL Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC grew its holdings in Dell Technologies Inc. (NYSE:DELL) by 42.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,268 shares of the technology company’s stock after buying an additional 2,751 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Dell Technologies were worth $1,521,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Commonwealth Retirement Investments LLC purchased a new stake in Dell Technologies in the 4th quarter worth $25,000. Rossby Financial LCC lifted its holdings in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC acquired a new stake in shares of Dell Technologies in the fourth quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies during the fourth quarter worth about $29,000. Finally, WealthCollab LLC raised its position in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on DELL shares. Morgan Stanley lifted their price objective on Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Weiss Ratings raised Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Wolfe Research lowered Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. Jefferies Financial Group cut shares of Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Finally, Bank of America upped their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $492.76.

Insider Activity

In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the sale, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm’s stock in a transaction dated 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 sale, the director owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,816,758 shares of company stock valued at $1,516,412,103. 41.50% of the stock is currently owned by insiders.

Dell Technologies Price Performance

DELL stock opened at $457.64 on Wednesday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The firm has a market capitalization of $296.60 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 0.91 and a beta of 1.31. The business has a 50 day simple moving average of $363.26 and a 200-day simple moving average of $223.64.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate 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 revenue was up 87.5% compared to the same quarter last year. During the same quarter last 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. On average, equities research analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

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

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Multiple reports say Dell is “winning the AI infrastructure race,” citing strong demand for AI-optimized servers and the company’s growing role in data-center buildouts. Dell Is Winning the AI Infrastructure Race. Here’s What Comes Next After a 250% YTD Rally.
• Positive Sentiment: Another note said PC shipments were weaker in Q2, but Dell’s AI infrastructure segment continues to exceed expectations, helping support the stock’s long-term growth story. PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher
• Positive Sentiment: Analyst commentary remains constructive, with one article highlighting Dell’s strong interest coverage and solid growth prospects despite higher borrowing costs. DELL & 3 More Stocks With Strong Interest Coverage to Buy Now
• Neutral Sentiment: Several stories focused on how far Dell has already run this year and whether the stock can keep climbing, suggesting valuation is becoming a bigger debate after the rally. Missed DELL’s 248% Run? IGPT Quietly Turned $10K Into $16,600
• Negative Sentiment: Recent insider selling by several Silver Lake-related directors may be pressuring sentiment, since the sales were sizable and came near recent highs. SEC filing for Silver Lake Partners sale
• Negative Sentiment: One trading update noted Dell underperformed the broader market in the latest session, which may reflect profit-taking after the stock’s outsized year-to-date advance. Dell Technologies Registers a Bigger Fall Than the Market

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.