Marino Stram & Associates LLC Takes Position in Dell Technologies Inc. $DELL

Marino Stram & Associates LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,226 shares of the technology company’s stock, valued at approximately $201,000.

Several other hedge funds also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies in the 4th quarter valued at $25,000. Rossby Financial LCC increased its holdings in shares of Dell Technologies by 968.4% in 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 during the period. Portus Wealth Advisors LLC purchased a new stake in shares of Dell Technologies in the first quarter worth $35,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies in the fourth quarter worth $29,000. Finally, Navalign LLC bought a new stake in Dell Technologies during the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Argus upped their target price on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Roth Capital assumed coverage on Dell Technologies in a report on Friday, May 29th. They set a “buy” rating for the company. Citigroup initiated coverage on shares of Dell Technologies in a research report on Monday, June 1st. They issued an “outperform” rating on the stock. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Finally, TD Cowen lifted their target price on shares of Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a research 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $490.38.

Insider Buying and Selling

In other news, COO Jeffrey W. Clarke sold 116,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total value 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 approximately $307,919,306.72. The trade was a 6.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the 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 of the company’s stock, valued at $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,901,953 shares of company stock valued at $1,403,598,971 over the last three months. 41.50% of the stock is owned by corporate insiders.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $417.39 on Wednesday. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47. The firm’s 50 day simple moving average is $340.27 and its two-hundred day simple moving average is $212.59. The stock has a market capitalization of $270.51 billion, a P/E ratio of 33.15, a PEG ratio of 0.88 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same period in the previous year, the business posted $1.55 EPS. The business’s quarterly revenue 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. As a group, equities analysts expect that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

Trending Headlines about Dell Technologies

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

• Positive Sentiment: President Trump again publicly praised Dell and told Americans to buy Dell computers, fueling fresh momentum in shares. Article: Dell’s stock jumps after Trump says, ‘Go out and buy a Dell computer’
• Positive Sentiment: Michael Dell and Susan Dell’s multibillion-dollar pledge to support Trump Accounts has added to the company’s visibility and investor enthusiasm. Article: Dell (NYSE:DELL) Joins Trump Accounts With A Multibillion Dollar Pledge And Trump Backing
• Positive Sentiment: Analysts and market commentators continue to point to Dell’s AI-server growth story as a key reason the stock remains supported despite its sharp run-up. Article: DELL Jumps 213% YTD: Is There More Room for the Stock to Appreciate?
• Neutral Sentiment: Some commentary warns that the stock may be getting overheated after its huge advance, with at least one note advising investors to wait for a pullback before buying. Article: Dell: I Would Wait For A Pullback To Enter The Stock
• Negative Sentiment: Bearish pieces are raising concerns about valuation, margin pressure, and competition, suggesting upside may be more limited after the recent surge. Article: Trump is Endorsing Dell Stock, But There Is an Uncomfortable Truth You Must Know

Dell Technologies Company 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.