MFG Wealth Management Inc. Sells 4,154 Shares of Dell Technologies Inc. $DELL

MFG Wealth Management Inc. decreased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 37.0% in the 2nd quarter, Holdings Channel reports. The firm owned 7,087 shares of the technology company’s stock after selling 4,154 shares during the period. Dell Technologies comprises 2.2% of MFG Wealth Management Inc.’s investment portfolio, making the stock its 15th largest holding. MFG Wealth Management Inc.’s holdings in Dell Technologies were worth $3,058,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Campbell Capital Management Inc. boosted its holdings in shares of Dell Technologies by 34.0% in the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after purchasing an additional 20,362 shares in the last quarter. ProShare Advisors LLC increased its stake in Dell Technologies by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after purchasing an additional 7,642 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Dell Technologies in the fourth quarter valued at approximately $23,332,000. Tectonic Advisors LLC bought a new stake in Dell Technologies in the fourth quarter valued at approximately $5,620,000. Finally, Gabelli Funds LLC boosted its stake in shares of Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 3.7%

NYSE:DELL opened at $453.71 on Friday. The stock has a market cap of $294.05 billion, a P/E ratio of 36.04, a price-to-earnings-growth ratio of 0.93 and a beta of 1.33. The firm’s fifty day simple moving average is $417.22 and its 200 day simple moving average is $260.25. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $485.70.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the business earned $1.55 EPS. The company’s revenue for the quarter was up 87.5% on a year-over-year basis. 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, analysts expect that Dell Technologies Inc. will post 17.77 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were issued a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is 20.02%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on DELL shares. The Goldman Sachs Group lifted their target price on shares of Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Loop Capital boosted their price objective on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Wells Fargo & Company upped their price objective on shares of Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Finally, Weiss Ratings upgraded shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $494.67.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Investors continue to point to Dell’s AI-server momentum, including reported contract wins tied to the Volta AI factory and Texas A&M’s IGNITE platform. The company’s latest results also showed record revenue, strong AI-optimized server sales and a substantial AI order pipeline. Dell Technologies Could Be 4% Below Fair Value on AI Infrastructure Wins
• Positive Sentiment: Analyst sentiment remains broadly favorable, with recent price targets generally above the current trading range and a reported median target of $500. Optimism centers on enterprise IT spending and demand for AI servers, while partnerships with Nvidia, AMD and Microsoft reinforce Dell’s competitive positioning. Is Dell Technologies a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A broader view from Barchart argues that Dell’s long-term growth opportunity remains intact despite its major rally, citing rising enterprise technology spending as a foundation for further expansion. After a 250% Rally, Dell Stock Still Has Room to Run
• Neutral Sentiment: Dell’s collaboration with Nokia and Nvidia on AI-powered radio access networks and future 6G connectivity adds strategic visibility, although the initiative is primarily a Nokia-focused announcement and its direct financial impact on Dell is not yet clear. Nokia Launches AI RAN Platform
• Negative Sentiment: Seeking Alpha downgraded Dell, arguing that the business is strong but the stock is now fully valued following its steep advance. This valuation concern could encourage profit-taking near the stock’s highs. Dell: Great Business, Full Price
• Negative Sentiment: Weakness in a major AI-server peer triggered a sector-wide reassessment, pressuring Dell on concerns that AI hardware demand or near-term orders could disappoint. Dell’s next earnings report is scheduled for September 3, leaving the stock sensitive to peer results and industry commentary. Dell Slips as Peer Earnings Pressure AI Server Trade
• Negative Sentiment: Investor’s Business Daily highlighted a failed breakout and discussed exiting the trade, signaling short-term technical risk after Dell’s rapid run-up. Extensive recent insider selling may add to concerns about profit-taking, even though it does not necessarily indicate deteriorating fundamentals. Exiting Gracefully on Opening Bell Disasters

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the transaction, the director owned 67,990 shares in the company, valued at approximately $30,836,184.60. This represents a 50.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the completion of the transaction, the director owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. The trade was a 40.00% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 3,434,758 shares of company stock valued at $1,448,870,683. 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.