TD Asset Management Inc Decreases Stake in Dell Technologies Inc. $DELL

TD Asset Management Inc decreased its holdings in Dell Technologies Inc. (NYSE:DELL) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 269,690 shares of the technology company’s stock after selling 13,272 shares during the quarter. TD Asset Management Inc’s holdings in Dell Technologies were worth $33,949,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in DELL. Navalign LLC purchased a new stake in shares of Dell Technologies during the 4th quarter worth $29,000. WealthCollab LLC boosted its position in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. iA Global Asset Management Inc. purchased a new stake in shares of Dell Technologies during the 4th quarter worth $32,000. State of Wyoming purchased a new stake in shares of Dell Technologies during the 2nd quarter worth $33,000. Finally, Smithfield Trust Co boosted its position in shares of Dell Technologies by 92.9% during the 4th quarter. Smithfield Trust Co now owns 328 shares of the technology company’s stock worth $41,000 after purchasing an additional 158 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DELL has been the topic of several research analyst reports. Morgan Stanley upgraded shares of Dell Technologies from an “underweight” rating to a “buy” rating in a research report on Friday, May 22nd. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. The Goldman Sachs Group boosted their target price on shares of Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Piper Sandler raised their price target on Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Finally, Citic Securities raised their price target on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $475.76.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Analysts and market commentators continue to raise expectations for Dell after its strong earnings beat, with several reports saying the company is benefiting from booming AI infrastructure spending. Article Title
• Positive Sentiment: Bernstein raised its price target on Dell to $500 and maintained an Outperform rating, reinforcing the view that Wall Street sees more upside after the company’s record AI quarter. Article Title
• Positive Sentiment: Dell’s partnership with Nvidia on new AI PCs, including the XPS 16 Creator Edition powered by RTX Spark, expands the AI growth story beyond servers into the PC market. Article Title
• Positive Sentiment: Multiple articles framed Dell as a major AI infrastructure winner, with investors betting the company can keep compounding growth as AI server orders and margins expand. Article Title

Insider Buying and Selling

In related news, Director Spv-2 L.P. Sl sold 78,236 shares of Dell Technologies stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $422.98, for a total transaction of $33,092,263.28. Following the completion of the sale, the director owned 11,274 shares in the company, valued at approximately $4,768,676.52. This trade represents a 87.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 84,365 shares of Dell Technologies stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $422.98, for a total value of $35,684,707.70. Following the sale, the director owned 7,521 shares of the company’s stock, valued at approximately $3,181,232.58. This represents a 91.81% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,709,030 shares of company stock worth $983,328,426. 41.50% of the stock is owned by corporate insiders.

Dell Technologies Stock Down 6.2%

Shares of DELL stock opened at $395.72 on Friday. Dell Technologies Inc. has a fifty-two week low of $109.17 and a fifty-two week high of $469.47. The stock has a market cap of $255.53 billion, a P/E ratio of 31.43, a P/E/G ratio of 1.16 and a beta of 1.30. The business has a fifty day simple moving average of $242.78 and a 200-day simple moving average of $169.51.

Dell Technologies (NYSE:DELL) last announced 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. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter last year, the business posted $1.55 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 12.93 earnings per share for the current year.

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.