Wellington Management Group LLP Buys 1,474,347 Shares of Dell Technologies Inc. $DELL

Wellington Management Group LLP boosted its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 140.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,526,987 shares of the technology company’s stock after purchasing an additional 1,474,347 shares during the quarter. Wellington Management Group LLP’s holdings in Dell Technologies were worth $1,090,294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth about $25,000. Rossby Financial LCC boosted its position in Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares in the last quarter. Navalign LLC bought a new stake in Dell Technologies during the fourth quarter worth about $29,000. Kemnay Advisory Services Inc. bought a new stake in Dell Technologies during the fourth quarter worth about $29,000. Finally, WealthCollab LLC increased its holdings 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 buying an additional 114 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: AI demand is driving bullish expectations. Dell reportedly has a record $51.3 billion AI-server backlog, while continued data-center investment is supporting Infrastructure Solutions Group growth. Analysts expect roughly $44 billion-$45 billion in quarterly revenue and more than 100% year-over-year EPS growth. Dell AI Server Backlog
• Positive Sentiment: Recent execution supports investor optimism. Dell’s prior quarter substantially exceeded consensus estimates, and analysts see potential for another earnings beat and raised outlook. The stock has also shown relative strength and remains close to its recent high. Dell Prior Earnings Beat
• Neutral Sentiment: Large post-earnings volatility is expected. Options-market pricing indicates traders anticipate a meaningful move following the earnings release. This could benefit the stock if results exceed elevated expectations, but it also raises downside risk if guidance disappoints. Expected Dell Earnings Move
• Negative Sentiment: Tariff concerns are weighing on the shares. Possible semiconductor tariffs affecting servers and PCs have prompted caution because higher component costs could pressure demand and profitability. Dell Tariff Concerns
• Negative Sentiment: Capacity and margin risks remain. Dell may be unable to build AI servers quickly enough, while supply constraints, pricing pressure and the relatively low margins of high-volume server sales could limit the earnings benefit from strong demand. Dell Server Capacity Risks

Dell Technologies Stock Performance

Shares of DELL stock opened at $455.22 on Friday. The firm’s 50 day moving average price is $432.75 and its two-hundred day moving average price is $296.29. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $514.00. The stock has a market cap of $295.03 billion, a PE ratio of 36.16, a PEG ratio of 0.98 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the previous year, the company posted $1.55 EPS. The business’s revenue for the quarter was up 87.5% compared to the same quarter last year. As a group, sell-side analysts predict that Dell Technologies Inc. will post 18.32 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a $0.63 dividend. 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 currently 20.02%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. TD Cowen lifted their target price on shares of Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Morgan Stanley raised their price target on Dell Technologies from $430.00 to $434.00 and gave the company an “equal weight” rating in a report on Monday. Wells Fargo & Company lifted their price objective on Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Finally, Raymond James Financial lowered Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $485.24.

Insider Buying and Selling

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 shares of the stock in a transaction dated 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 owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. This represents a 40.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was 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 in the company, valued at approximately $19,938,071.94. This trade represents a 44.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 3,436,780 shares of company stock worth $1,449,756,744. Company insiders own 41.50% of the company’s stock.

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.