QRG Capital Management Inc. Decreases Stock Position in Dell Technologies Inc. $DELL

QRG Capital Management Inc. reduced its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 14.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,363 shares of the technology company’s stock after selling 4,188 shares during the quarter. QRG Capital Management Inc.’s holdings in Dell Technologies were worth $4,163,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. HB Wealth Management LLC grew its position in shares of Dell Technologies by 8.2% in the first quarter. HB Wealth Management LLC now owns 12,334 shares of the technology company’s stock valued at $2,024,000 after purchasing an additional 935 shares during the last quarter. Plimoth Trust Co. LLC raised its position in shares of Dell Technologies by 24.6% during the 1st quarter. Plimoth Trust Co. LLC now owns 32,575 shares of the technology company’s stock worth $5,347,000 after purchasing an additional 6,431 shares during the last quarter. PFG Investments LLC lifted its stake in Dell Technologies by 5.5% in the 1st quarter. PFG Investments LLC now owns 5,106 shares of the technology company’s stock valued at $838,000 after buying an additional 267 shares in the last quarter. World Investment Advisors lifted its stake in Dell Technologies by 103.6% in the 1st quarter. World Investment Advisors now owns 24,800 shares of the technology company’s stock valued at $4,070,000 after buying an additional 12,621 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC grew its holdings in Dell Technologies by 6.3% during the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 2,615 shares of the technology company’s stock valued at $429,000 after buying an additional 155 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 12,022 shares of Dell Technologies stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $421.00, for a total value of $5,061,262.00. Following the completion of the sale, the director owned 25,267 shares in the company, valued at $10,637,407. The trade was a 32.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Spv-2 L.P. Sl sold 34,257 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $13,809,681.84. Following the transaction, the director owned 91,809 shares in the company, valued at approximately $37,010,044.08. The trade was a 27.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,901,953 shares of company stock worth $1,403,598,971 over the last ninety days. Insiders own 41.50% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell’s Infrastructure Solutions Group is still benefiting from surging AI server demand, with a $51.3 billion backlog and an ongoing infrastructure refresh cycle supporting the company’s fiscal 2027 outlook. Article Title
• Positive Sentiment: Dell is also seeing international manufacturing and local AI demand tailwinds, with reports that most servers are now made in India as demand rises in that market. Article Title
• Neutral Sentiment: Coverage from Dell Technologies World highlighted the company’s Microsoft partnership and hybrid-cloud positioning, reinforcing the long-term AI and enterprise infrastructure narrative. Article Title
• Neutral Sentiment: Some commentary says Dell has run up too far, too fast, suggesting the stock may be vulnerable after its sharp rally. Article Title
• Negative Sentiment: Several pieces point to profit-taking and a downgrade, with analysts warning that Dell’s valuation may be stretched and that investors may want to lock in gains. Article Title
• Negative Sentiment: Dell shares also fell as AI-linked stocks sold off broadly on fears that chip demand tied to the AI boom could be cooling, which weighed on the stock despite its business-specific strength. Article Title

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Mizuho raised their price target on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. Argus upped their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Daiwa Securities Group increased their price objective on Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Jefferies Financial Group downgraded shares of Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Finally, Truist Financial upped their target price on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $490.38.

Dell Technologies Stock Performance

Shares of DELL opened at $394.29 on Monday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47. The company has a market capitalization of $255.54 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 0.84 and a beta of 1.31. The stock has a fifty day moving average of $332.26 and a two-hundred day moving average of $208.59.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data 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. The business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business’s revenue was up 87.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.55 earnings per share. 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, equities research analysts forecast that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

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.