Dell Technologies Inc. $DELL Holdings Lowered by Vestcor Inc

Vestcor Inc lowered its holdings in Dell Technologies Inc. (NYSE:DELL) by 16.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,159 shares of the technology company’s stock after selling 5,000 shares during the period. Vestcor Inc’s holdings in Dell Technologies were worth $3,293,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC grew its position in Dell Technologies by 6.0% in the fourth quarter. MCF Advisors LLC now owns 2,138 shares of the technology company’s stock worth $269,000 after acquiring an additional 121 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Dell Technologies by 55.5% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 131,964 shares of the technology company’s stock worth $16,612,000 after acquiring an additional 47,078 shares during the last quarter. Pinebridge Investments LLC acquired a new position in shares of Dell Technologies during the fourth quarter valued at about $8,476,000. Parallel Advisors LLC raised its holdings in Dell Technologies by 1.5% in the 4th quarter. Parallel Advisors LLC now owns 6,409 shares of the technology company’s stock valued at $807,000 after acquiring an additional 94 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its position in Dell Technologies by 7.7% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 125,923 shares of the technology company’s stock worth $15,850,000 after purchasing an additional 9,000 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on DELL. CLSA upgraded Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Barclays cut shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. HSBC raised shares of Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Finally, Roth Mkm initiated coverage on Dell Technologies in a research note on Friday, May 29th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $475.76.

Dell Technologies Price Performance

Dell Technologies stock opened at $395.72 on Friday. Dell Technologies Inc. has a fifty-two week low of $109.17 and a fifty-two week high of $469.47. The firm has a market capitalization of $255.53 billion, a PE ratio of 31.43, a P/E/G ratio of 1.16 and a beta of 1.30. The company’s 50-day moving average is $242.78 and its 200-day moving average is $169.51.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating 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 firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the company earned $1.55 earnings per share. The company’s quarterly revenue 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. As a group, analysts expect that Dell Technologies Inc. will post 12.93 EPS for the current year.

More Dell Technologies News

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

• Positive Sentiment: Analysts and market commentators continue to raise expectations for Dell after its strong earnings beat, with several reports saying the company is benefiting from booming AI infrastructure spending. Article Title
• Positive Sentiment: Bernstein raised its price target on Dell to $500 and maintained an Outperform rating, reinforcing the view that Wall Street sees more upside after the company’s record AI quarter. Article Title
• Positive Sentiment: Dell’s partnership with Nvidia on new AI PCs, including the XPS 16 Creator Edition powered by RTX Spark, expands the AI growth story beyond servers into the PC market. Article Title
• Positive Sentiment: Multiple articles framed Dell as a major AI infrastructure winner, with investors betting the company can keep compounding growth as AI server orders and margins expand. Article Title

Insider Activity at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business’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 directly owned 24,287 shares in the company, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the transaction, the director directly owned 36,659 shares in the company, valued at $16,789,455.41. The trade was a 82.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 3,709,030 shares of company stock valued at $983,328,426 over the last three months. 41.50% of the stock is owned by insiders.

Dell Technologies 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.