185,354 Shares in Dell Technologies Inc. $DELL Bought by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 185,354 shares of the technology company’s stock, valued at approximately $23,332,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Providence Capital Advisors LLC acquired a new position in Dell Technologies in the 3rd quarter worth about $7,060,000. Campbell Capital Management Inc. boosted its position in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after purchasing an additional 20,362 shares in the last quarter. Lingohr Asset Management GmbH boosted its position in shares of Dell Technologies by 733.9% during the 3rd quarter. Lingohr Asset Management GmbH now owns 58,898 shares of the technology company’s stock valued at $8,320,000 after purchasing an additional 51,835 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after purchasing an additional 7,642 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in Dell Technologies by 54.3% in the third quarter. Prospera Financial Services Inc now owns 41,492 shares of the technology company’s stock worth $5,886,000 after acquiring an additional 14,604 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on DELL. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Citigroup raised their target price on Dell Technologies from $180.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 target price on shares of Dell Technologies in a research report on Wednesday, May 20th. Barclays lifted their price target on Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Weiss Ratings upgraded Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $245.50.

Dell Technologies News Summary

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

• Positive Sentiment: Dell reported fiscal Q1 revenue of $43.8 billion, far above estimates, with EPS of $5.24 and non-GAAP EPS of $4.86 both topping forecasts by a wide margin. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI infrastructure demand was the standout catalyst: AI-optimized server revenue jumped sharply, and Dell said its backlog/orders and data-center momentum support continued growth. Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised FY2027 guidance to $165 billion-$169 billion in revenue and $17.90 EPS, signaling confidence that AI and server spending will keep accelerating. Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Dell also won a $9.7 billion Pentagon software contract, which added an extra boost to sentiment ahead of earnings and reinforced the company’s government/enterprise footprint. Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump

Dell Technologies Stock Up 4.2%

Shares of DELL stock opened at $318.22 on Friday. The business has a 50-day moving average price of $211.39 and a two-hundred day moving average price of $157.54. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $327.73. The firm has a market cap of $205.49 billion, a P/E ratio of 36.49, a price-to-earnings-growth ratio of 1.12 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.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 company posted $1.55 earnings per share. The company’s revenue was up 87.5% compared to the same quarter last year. 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. As a group, research analysts expect that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.

Insider Activity

In other Dell Technologies news, COO Jeffrey W. Clarke sold 116,000 shares of Dell Technologies stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the sale, the chief operating officer owned 1,687,414 shares of the company’s stock, valued at $307,919,306.72. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Alan Kennedy sold 19,500 shares of Dell Technologies stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $182.53, for a total value of $3,559,335.00. Following the sale, the chief financial officer directly owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. This trade represents a 9.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. 41.50% of the stock is owned by insiders.

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.