Dell Technologies Inc. $DELL Shares Bought by Everest Financial Group LLC

Everest Financial Group LLC lifted its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 500.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 20,761 shares of the technology company’s stock after buying an additional 17,302 shares during the period. Everest Financial Group LLC’s holdings in Dell Technologies were worth $3,410,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC acquired a new stake in Dell Technologies in the 4th quarter valued at $25,000. Rossby Financial LCC lifted its stake in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares in the last quarter. Portus Wealth Advisors LLC purchased a new stake in shares of Dell Technologies in the first quarter worth about $35,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies in the fourth quarter worth about $29,000. Finally, Navalign LLC acquired a new stake in shares of Dell Technologies in the fourth quarter valued at about $29,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Down 0.7%

Shares of NYSE DELL opened at $436.43 on Friday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47. The business has a 50 day moving average price of $390.33 and a two-hundred day moving average price of $238.94. The firm has a market cap of $282.85 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 0.93 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.55 EPS. 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, analysts anticipate that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell was selected by Texas A&M Engineering Experiment Station to build the IGNITE secure AI and high-performance computing platform, a contract that adds to Dell’s AI/HPC momentum and highlights its role in national research infrastructure. Texas A&M Engineering Experiment Station Selects Dell Technologies to Build a Secure AI Platform for National Research
• Positive Sentiment: Investor optimism around AI servers is spreading across the sector, with reports pointing to Dell’s exposure to Nvidia-powered AI server demand as a key reason the stock has been moving higher. Dell Technologies (DELL) Climbs 9.3% on Booming Demand for Nvidia-Powered AI Servers
• Positive Sentiment: Analyst commentary is also leaning bullish, with several forecasts suggesting Dell still has room to run as AI server growth remains a major theme for the stock. Dell To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Friday
• Neutral Sentiment: Some market coverage notes that Dell’s AI story is improving, but also flags new risks, suggesting investors are still weighing upside from AI demand against margin and execution concerns. Dell’s AI Story Gains Traction but New Risks Are Emerging
• Negative Sentiment: One concern for Dell remains margin pressure tied to the AI server buildout, which could limit how much of the AI demand boom translates into profits. Prediction: Dell Technologies Stock Could Be 30% Higher by This Time Next Year

Insiders Place Their Bets

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the sale, the director owned 36,659 shares in the company, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their position. The sale 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 189,805 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the transaction, the director directly owned 24,287 shares in the company, valued at $11,123,203.13. The trade was a 88.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,434,758 shares of company stock worth $1,448,870,683 over the last quarter. 41.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Evercore reissued an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, July 8th. JPMorgan Chase & Co. increased their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Guggenheim raised shares of Dell Technologies to a “buy” rating in a research report on Monday, June 1st. HSBC upgraded shares of Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Finally, Melius Research set a $565.00 price target on shares of Dell Technologies in a report on Friday, May 29th. One investment 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 given a Sell rating to the stock. According to data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $494.67.

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.