Dell Technologies Inc. $DELL Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. reduced its stake in Dell Technologies Inc. (NYSE:DELL) by 13.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 692,476 shares of the technology company’s stock after selling 105,143 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Dell Technologies were worth $113,656,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DELL. Bell Investment Advisors Inc increased its position in shares of Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after acquiring an additional 52 shares during the last quarter. Raleigh Capital Management Inc. boosted its position in shares of Dell Technologies by 6.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock worth $171,000 after purchasing an additional 67 shares during the period. Lindenwold Advisors INC boosted its position in shares of Dell Technologies by 1.0% during the 3rd quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock worth $1,302,000 after purchasing an additional 87 shares during the period. Ancora Advisors LLC increased its holdings in Dell Technologies by 18.6% in the 3rd quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock valued at $79,000 after purchasing an additional 87 shares during the last quarter. Finally, 3Chopt Investment Partners LLC raised its position in Dell Technologies by 2.6% in the first quarter. 3Chopt Investment Partners LLC now owns 3,491 shares of the technology company’s stock valued at $573,000 after purchasing an additional 90 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

DELL has been the subject of several research analyst reports. Bank of America raised their price target on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Sanford C. Bernstein increased their target price on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Finally, Barclays cut shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. One research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $492.76.

Dell Technologies Trading Down 3.3%

NYSE:DELL traded down $15.08 during midday trading on Friday, reaching $435.14. The company had a trading volume of 5,136,180 shares, compared to its average volume of 7,311,403. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $469.47. The firm has a market capitalization of $282.02 billion, a price-to-earnings ratio of 34.56, a PEG ratio of 0.96 and a beta of 1.31. The stock’s fifty day simple moving average is $354.07 and its 200-day simple moving average is $218.57.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The company 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%.Dell Technologies’s revenue was up 87.5% on a year-over-year basis. During the same quarter in the prior year, the business 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. As a group, sell-side analysts expect 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. Investors of record on Tuesday, July 21st will be issued a $0.63 dividend. The ex-dividend date of this dividend is 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%.

Dell Technologies News Roundup

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

• Positive Sentiment: Analyst optimism around Dell’s AI infrastructure business remains a key driver, with Evercore’s higher price target reinforcing expectations for continued growth in server demand.
• Positive Sentiment: Media coverage continues to frame DELL as a major AI beneficiary, supported by strong fundamentals, growing share gains, and expanded partnerships.
• Positive Sentiment: President Trump’s public endorsement of Dell products has increased visibility and added momentum to the stock, even though investors appear more focused on the underlying business strength.
• Neutral Sentiment: Several Silver Lake-related insiders sold shares this week, which may attract attention but does not necessarily change Dell’s operating outlook.
• Neutral Sentiment: Articles comparing Dell with peers like Super Micro and Lenovo highlight broader AI and PC industry trends, but these stories are more about sector positioning than a direct change in Dell’s fundamentals.

Insider Transactions at Dell Technologies

In other news, Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 37,003 shares of Dell Technologies stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $427.15, for a total transaction of $15,805,831.45. Following the sale, the director directly owned 29,840 shares of the company’s stock, valued at approximately $12,746,156. This trade represents a 55.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,228,357 shares of company stock valued at $1,544,916,338 over the last quarter. Insiders own 41.50% of the company’s stock.

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.