Handelsbanken Fonder AB Sells 26,669 Shares of Dell Technologies Inc. $DELL

Handelsbanken Fonder AB lessened its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 20.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 106,467 shares of the technology company’s stock after selling 26,669 shares during the quarter. Handelsbanken Fonder AB’s holdings in Dell Technologies were worth $45,936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies in the 4th quarter valued at about $25,000. Rossby Financial LCC boosted its holdings in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after acquiring an additional 184 shares during the period. Navalign LLC acquired a new position in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. acquired a new position in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Price Performance

Dell Technologies stock opened at $440.54 on Wednesday. The firm has a market cap of $285.52 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.33. The stock’s fifty day moving average price is $417.18 and its two-hundred day moving average price is $265.98. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $485.70.

Dell Technologies (NYSE:DELL) last released its 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 during 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 was up 87.5% compared to the same quarter last year. During the same period in the prior year, the company posted $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 expect that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were 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 was Tuesday, July 21st. Dell Technologies’s dividend payout ratio is presently 20.02%.

Insider Activity

In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the 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 $86,928,791.95. Following the sale, the director owned 24,287 shares in the company, valued at approximately $11,123,203.13. This trade represents a 88.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the business’s 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 transaction, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. Insiders own 41.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DELL. Sanford C. Bernstein boosted their price target on Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Barclays cut Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. UBS Group set a $700.00 target price on shares of Dell Technologies in a research report on Friday, May 29th. Loop Capital upped their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $492.43.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Expanded distribution could improve sales reach. Dell expanded its partnership with D&H Distributing, which is now authorized to sell Dell’s full storage and server portfolio across the United States and Canada. The broader reseller network could increase access to Dell’s datacenter and infrastructure products, including AI-related systems. What Does Dell Technologies Full North America Distribution Reach Mean?
• Positive Sentiment: AI server demand remains the main growth catalyst. Recent coverage highlights Dell’s strong AI server demand, record backlog and ongoing server refresh cycle. Dell has also benefited from broader strength in AI server stocks, reinforcing expectations that data-center spending can support revenue growth. AI Server Stocks Advance
• Neutral Sentiment: Analysts disagree on valuation. One analysis argues Dell may be undervalued based on discounted-cash-flow and earnings-based estimates, while another says the stock is expensive at a premium multiple despite its growth outlook. This valuation debate may make investors more sensitive to interest rates, earnings execution and forward guidance. DELL Is Overvalued: Should You Still Buy the Stock?
• Negative Sentiment: Macro conditions pressured the stock. Technology and other growth sectors weakened as investors awaited inflation data that could influence interest-rate expectations. Higher oil prices and the resulting risk of persistent inflation also created a less favorable backdrop for high-multiple stocks.

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.