Waverly Advisors LLC Decreases Stake in Dell Technologies Inc. $DELL

Waverly Advisors LLC trimmed its position in Dell Technologies Inc. (NYSE:DELL) by 18.1% during the first quarter, Holdings Channel.com reports. The firm owned 9,040 shares of the technology company’s stock after selling 1,997 shares during the period. Waverly Advisors LLC’s holdings in Dell Technologies were worth $1,484,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DELL. Norges Bank acquired a new stake in Dell Technologies during the 4th quarter worth $607,349,000. Wellington Management Group LLP boosted its stake in 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 valued at $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. grew its holdings in shares of 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 purchasing an additional 2,445,854 shares during the last quarter. Michael & Susan Dell Foundation increased its position in shares of Dell Technologies by 533.3% during the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after purchasing an additional 2,258,797 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Dell Technologies by 4.5% in 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. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

DELL opened at $405.73 on Friday. The business has a 50 day simple moving average of $405.04 and a 200-day simple moving average of $248.68. The stock has a market capitalization of $262.96 billion, a P/E ratio of 32.23, 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 posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The firm 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%.The company’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Research analysts anticipate that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies’s payout ratio is presently 20.02%.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: AI infrastructure momentum supports the stock. Dell is benefiting from strong demand for AI servers, networking equipment and enterprise AI upgrades. A broader rebound in AI hardware stocks, following encouraging hyperscaler results, has added to the positive sentiment. Dell has also cited a potential $60 billion fiscal 2027 AI-server revenue opportunity and recently won an AI and high-performance-computing platform contract with Texas A&M Engineering Experiment Station. Dell Jumps as AI Infrastructure Trade Rebounds
• Positive Sentiment: Commercial PC demand is providing another growth driver. Corporate device-refresh activity and AI-capable PC upgrades are supporting Dell’s outlook, while the company’s recent earnings performance showed substantial revenue and earnings growth. Dell Technologies Rides on Commercial PC Demand: What’s Ahead?
• Positive Sentiment: Analyst expectations imply additional upside. The average analyst price target suggests approximately 25.2% potential appreciation, and recent agreement in raising earnings estimates is a more constructive signal than the target-price average alone. The median target reported for the past six months is $500, with several targets ranging from $477 to $550. Wall Street Analysts Think Dell Technologies Could Surge 25.21%
• Neutral Sentiment: Investor attention is elevated. Dell is among the stocks receiving significant attention from Zacks users, which may increase trading activity but does not by itself provide a fundamental valuation signal. Dell Technologies Is Attracting Investor Attention
• Negative Sentiment: Supply and profitability concerns could limit gains. Memory shortages may increase component costs, while intensifying competition and the mix shift toward AI systems could pressure margins despite strong demand. Dell Technologies Rides on Commercial PC Demand: What’s Ahead?
• Negative Sentiment: Insider selling is a cautionary signal. Reported open-market activity over the past six months shows numerous insider and affiliated-investor sales with no purchases, including sales by senior executives and large investment entities. The transactions may reflect diversification or planned selling, but they could weigh on sentiment.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the transaction, the director directly owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This trade represents a 88.66% decrease in their ownership of the stock. The sale was disclosed in a filing 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 that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the sale, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. The trade was a 82.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 in the last quarter. Insiders own 41.50% of the company’s stock.

Analysts Set New Price Targets

DELL has been the topic of a number of research reports. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Royal Bank Of Canada initiated coverage on Dell Technologies in a report on Friday, May 29th. They issued an “outperform” rating for the company. Citic Securities raised their target price on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. 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. Finally, Raymond James Financial downgraded shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $494.67.

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.