Adell Harriman & Carpenter Inc. Acquires 2,676 Shares of Dell Technologies Inc. $DELL

Adell Harriman & Carpenter Inc. raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 7.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 40,455 shares of the technology company’s stock after acquiring an additional 2,676 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in Dell Technologies were worth $6,640,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bell Investment Advisors Inc increased its stake in shares of Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after acquiring an additional 52 shares in the last quarter. Raleigh Capital Management Inc. grew its holdings in Dell Technologies by 6.9% in the first quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock worth $171,000 after purchasing an additional 67 shares during the period. Equitable Trust Co. increased its stake in Dell Technologies by 2.9% in the first quarter. Equitable Trust Co. now owns 2,506 shares of the technology company’s stock valued at $411,000 after purchasing an additional 71 shares in the last quarter. Lindenwold Advisors INC increased its stake in Dell Technologies by 1.0% in the third quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock valued at $1,302,000 after purchasing an additional 87 shares in the last quarter. Finally, Ancora Advisors LLC raised its holdings in shares of Dell Technologies by 18.6% during the third quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock valued at $79,000 after purchasing an additional 87 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on DELL shares. Royal Bank Of Canada started coverage on Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating for the company. Roth Capital initiated coverage on Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating on the stock. Argus raised their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” 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 report on Saturday, May 30th. Finally, Sanford C. Bernstein increased their target price on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $492.76.

Dell Technologies Stock Up 7.1%

Shares of Dell Technologies stock opened at $457.64 on Wednesday. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47. The business has a 50 day moving average price of $363.26 and a 200-day moving average price of $223.64. The company has a market cap of $296.60 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 0.91 and a beta of 1.31.

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, topping the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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, research analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a $0.63 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio is presently 20.02%.

More Dell Technologies News

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

• Positive Sentiment: Multiple reports say Dell is “winning the AI infrastructure race,” citing strong demand for AI-optimized servers and the company’s growing role in data-center buildouts. Dell Is Winning the AI Infrastructure Race. Here’s What Comes Next After a 250% YTD Rally.
• Positive Sentiment: Another note said PC shipments were weaker in Q2, but Dell’s AI infrastructure segment continues to exceed expectations, helping support the stock’s long-term growth story. PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher
• Positive Sentiment: Analyst commentary remains constructive, with one article highlighting Dell’s strong interest coverage and solid growth prospects despite higher borrowing costs. DELL & 3 More Stocks With Strong Interest Coverage to Buy Now
• Neutral Sentiment: Several stories focused on how far Dell has already run this year and whether the stock can keep climbing, suggesting valuation is becoming a bigger debate after the rally. Missed DELL’s 248% Run? IGPT Quietly Turned $10K Into $16,600
• Negative Sentiment: Recent insider selling by several Silver Lake-related directors may be pressuring sentiment, since the sales were sizable and came near recent highs. SEC filing for Silver Lake Partners sale
• Negative Sentiment: One trading update noted Dell underperformed the broader market in the latest session, which may reflect profit-taking after the stock’s outsized year-to-date advance. Dell Technologies Registers a Bigger Fall Than the Market

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 175,901 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was 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 trade represents a 82.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total value of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 3,816,758 shares of company stock valued at $1,516,412,103. Company insiders own 41.50% of the company’s stock.

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.