G&S Capital LLC Sells 16,682 Shares of Dell Technologies Inc. $DELL

G&S Capital LLC decreased its stake in Dell Technologies Inc. (NYSE:DELL) by 72.4% in the second quarter, Holdings Channel.com reports. The firm owned 6,355 shares of the technology company’s stock after selling 16,682 shares during the period. G&S Capital LLC’s holdings in Dell Technologies were worth $2,742,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Byrne Asset Management LLC bought a new stake in Dell Technologies in the second quarter worth $38,000. Atwood & Palmer Inc. increased its position in Dell Technologies by 860.0% during the second quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock valued at $41,000 after acquiring an additional 86 shares during the last quarter. Allied Private Wealth LLC purchased a new stake in shares of Dell Technologies in the second quarter valued at $63,000. Elevation Wealth Partners LLC lifted its holdings in shares of Dell Technologies by 5,900.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 180 shares of the technology company’s stock worth $78,000 after acquiring an additional 177 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of Dell Technologies in the 4th quarter worth about $25,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a report on Monday, June 1st. Mizuho boosted their target price on Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, June 1st. 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 note on Friday, May 29th. Morgan Stanley cut their price objective on Dell Technologies from $477.00 to $430.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, CLSA upgraded Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $492.43.

Insiders Place Their Bets

In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the sale, the director directly owned 36,659 shares of the company’s stock, valued at $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the transaction, the director owned 24,287 shares in the company, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,434,758 shares of company stock worth $1,448,870,683 in the last three months. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $440.54 on Wednesday. The firm’s 50 day simple moving average is $417.18 and its 200-day simple moving average is $265.98. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $485.70. 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.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the previous year, the business earned $1.55 earnings per share. Dell Technologies’s quarterly 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. Equities research analysts predict that Dell Technologies Inc. will post 17.77 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were issued a $0.63 dividend. 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 dividend payout ratio is currently 20.02%.

Dell Technologies News Roundup

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.