Palouse Capital Management Inc. Purchases Shares of 17,962 Dell Technologies Inc. $DELL

Palouse Capital Management Inc. purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the 1st quarter, Holdings Channel.com reports. The fund purchased 17,962 shares of the technology company’s stock, valued at approximately $2,948,000. Dell Technologies accounts for about 1.9% of Palouse Capital Management Inc.’s holdings, making the stock its 19th largest position.

Several other large investors also recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Dell Technologies in the fourth quarter valued at $607,349,000. Wellington Management Group LLP raised its position in Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. raised its position in Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after acquiring an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation lifted its stake in Dell Technologies by 533.3% in the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after acquiring an additional 2,258,797 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Dell Technologies by 541.9% in the 3rd quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after acquiring an additional 1,685,529 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 34,257 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $13,809,681.84. Following the transaction, the director owned 91,809 shares in the company, valued at $37,010,044.08. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 39,537 shares of Dell Technologies stock in a transaction on Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $15,938,155.44. Following the sale, the director directly owned 69,916 shares of the company’s stock, valued at $28,184,537.92. This represents a 36.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,901,953 shares of company stock worth $1,403,598,971 in the last 90 days. Company insiders own 41.50% of the company’s stock.

Dell Technologies Stock Performance

Shares of DELL stock opened at $426.12 on Thursday. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47. The company has a market capitalization of $276.17 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 0.92 and a beta of 1.31. The company has a 50-day simple moving average of $325.01 and a 200 day simple moving average of $204.87.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results 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. The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business’s revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.55 EPS. 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 17.74 EPS for the current year.

Dell Technologies Announces Dividend

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

Dell Technologies News Summary

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

• Positive Sentiment: Multiple reports say Dell is benefiting from the Super Micro Computer investigation tied to alleged Nvidia chip smuggling, with investors viewing Dell as a cleaner, more reliable AI server winner and possible share-gain beneficiary. Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Positive Sentiment: Dell is also getting credit for expanding its AI infrastructure offerings, including the launch of PowerStore Elite in India, which reinforces the company’s growth story in enterprise AI storage and data-center hardware. Dell launches AI-focused PowerStore Elite storage platform in India as enterprise AI infrastructure race heats up
• Positive Sentiment: Commentary across Wall Street remains upbeat on Dell Technologies, with some analysts and media outlets still arguing the stock has room to rise even after a sharp rally, thanks to strong AI server demand. Dell Stock Price Prediction: The Case for 20%+ Upside
• Neutral Sentiment: Dell completed its redomestication to Texas corporation status, a corporate-structure update that is not likely to be a major near-term stock driver. Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: Some analysts and articles warn that Dell’s valuation now looks stretched after its steep advance, leaving less room for upside if AI demand cools or competition intensifies. Dell Technologies (DELL) Faces Valuation and Competition Concerns After Strong Rally
• Negative Sentiment: Another concern is margin pressure: one report says Dell’s AI growth is real, but profitability is being squeezed as lower-margin server sales make up a bigger share of revenue. Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A recent insider sale by a Dell director could add some caution after the stock’s strong multi-month move. Dell Technologies Inc. (NYSE:DELL) – Get Free Report

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DELL shares. Loop Capital boosted their price objective on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Melius Research set a $565.00 price target on Dell Technologies in a report on Friday, May 29th. Zacks Research raised Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Raymond James Financial lowered Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. Finally, The Goldman Sachs Group raised their price objective on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $490.38.

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.