Parker Investment Management LLC Boosts Stake in Dell Technologies Inc. $DELL

Parker Investment Management LLC raised its position in Dell Technologies Inc. (NYSE:DELL) by 6.6% during the first quarter, HoldingsChannel.com reports. The firm owned 22,760 shares of the technology company’s stock after buying an additional 1,418 shares during the quarter. Dell Technologies comprises 0.6% of Parker Investment Management LLC’s investment portfolio, making the stock its 19th biggest position. Parker Investment Management LLC’s holdings in Dell Technologies were worth $3,736,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares during the period. Sivia Capital Partners LLC acquired a new position in Dell Technologies during the second quarter valued at approximately $328,000. Marshall Wace LLP acquired a new position in Dell Technologies during the second quarter valued at approximately $809,000. Gamco Investors INC. ET AL grew its stake in Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after buying an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC increased its position in shares of Dell Technologies by 147.2% in the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after acquiring an additional 34,538 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Dell Technologies

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. Daiwa Securities Group increased their price target on Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a report on Tuesday, June 2nd. Citic Securities raised their price objective on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research report on Monday, June 1st. JPMorgan Chase & Co. boosted their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Finally, The Goldman Sachs Group increased their target price on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, June 1st. One 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $492.76.

Insiders Place Their Bets

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 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 value of $26,982,001.68. Following the transaction, the director directly owned 89,222 shares of the company’s stock, valued at $40,465,745.88. This represents a 40.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the 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 $15,814,486.26. Following the transaction, the director owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. This trade represents a 44.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683 over the last 90 days. 41.50% of the stock is owned by company insiders.

Dell Technologies Price Performance

Shares of DELL stock opened at $441.81 on Thursday. The company’s fifty day moving average price is $382.63 and its two-hundred day moving average price is $235.36. The firm has a market capitalization of $286.34 billion, a P/E ratio of 35.09, a P/E/G ratio of 0.86 and a beta of 1.31. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47.

Dell Technologies (NYSE:DELL) last announced its 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. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the firm earned $1.55 earnings per share. The company’s 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. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Dividend Announcement

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

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.