Fortis Capital Management LLC Takes Position in Dell Technologies Inc. $DELL

Fortis Capital Management LLC bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,351 shares of the technology company’s stock, valued at approximately $222,000.

Several other institutional investors and hedge funds have also modified their holdings of DELL. Norges Bank bought a new position in Dell Technologies in the fourth quarter valued at about $607,349,000. Wellington Management Group LLP lifted its holdings in shares of Dell Technologies by 4,279.1% in 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 during the last quarter. Invesco Ltd. boosted its stake in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after purchasing an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation grew its holdings in shares of Dell Technologies by 533.3% during the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after purchasing an additional 2,258,797 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after purchasing an additional 1,355,841 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on DELL shares. Citigroup assumed coverage on shares of Dell Technologies in a research note on Monday, June 1st. They issued an “outperform” rating for the company. Citic Securities upped their price target on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Loop Capital increased their price target on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Roth Capital assumed coverage on Dell Technologies in a research report on Friday, May 29th. They set a “buy” rating on the stock. Finally, Bank of America upped their target price on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $492.76.

Dell Technologies Stock Performance

Shares of NYSE DELL opened at $441.81 on Thursday. The firm has a 50 day moving average price of $382.63 and a two-hundred day moving average price of $235.36. The stock has a market cap of $286.34 billion, a P/E ratio of 35.09, a price-to-earnings-growth ratio of 0.86 and a beta of 1.31. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $469.47.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data 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 analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Insider Buying and Selling

In other news, Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares in the company, valued at approximately $30,836,184.60. This represents a 50.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Super Micro Computer reported more than $60 billion in new orders and gross margins well above expectations, signaling that AI server demand remains exceptionally strong and lifting Dell along with other AI hardware peers. Stock Market Today, July 22: Super Micro Computer Surges on Record Q4 Orders and Surprise Margin Beat
• Positive Sentiment: Wall Street commentary suggested Dell could be one of the next winners from the AI buildout, with traders treating Dell, Super Micro, and Hewlett Packard Enterprise as a group trade on server demand. Dell Stock Surges as Super Micro Signals Strong New Order Growth
• Positive Sentiment: Recent coverage highlighted Dell’s AI infrastructure business as a major growth driver, reinforcing investor expectations that the company is benefiting from the broader AI hardware cycle. Dell: AI Infrastructure Drives Massive Growth
• Neutral Sentiment: Analyst and media coverage also pointed to Dell’s recent earnings strength and elevated guidance, but these were already known to investors and are more of a background support than a fresh catalyst. Dell Technologies stock and earnings background

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.