NORTHSTAR ASSET MANAGEMENT Co Invests $250,000 in Dell Technologies Inc. $DELL

NORTHSTAR ASSET MANAGEMENT Co bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the first quarter, Holdings Channel reports. The fund bought 1,525 shares of the technology company’s stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors have also modified their holdings of DELL. Brighton Jones LLC boosted its holdings in shares of Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Dell Technologies during the second quarter valued at approximately $328,000. Marshall Wace LLP acquired a new stake in shares of Dell Technologies during the second quarter valued at approximately $809,000. Gamco Investors INC. ET AL lifted its position in shares of Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after acquiring an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $403.12, for a total transaction of $8,100,696.40. Following the transaction, the director directly owned 50,381 shares of the company’s stock, valued at $20,309,588.72. This represents a 28.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 12,022 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $421.00, for a total value of $5,061,262.00. Following the transaction, the director owned 25,267 shares in the company, valued at approximately $10,637,407. This trade represents a 32.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,885,274 shares of company stock valued at $1,396,987,916 in the last three months. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Price Performance

Shares of DELL stock opened at $414.26 on Tuesday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47. The stock’s 50-day moving average is $315.88 and its two-hundred day moving average is $200.80. The firm has a market cap of $268.49 billion, a P/E ratio of 32.90, a PEG ratio of 0.85 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company’s revenue for the quarter 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, research analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

The firm 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. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s payout ratio is presently 20.02%.

Key Dell Technologies News

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

• Positive Sentiment: Several recent articles highlight Dell as a beneficiary of accelerating demand for big data and AI infrastructure, especially in enterprise and data-center use cases, reinforcing the market’s bullish view of its server and storage business. Top Big Data Stocks Powering the Future of Data-Driven AI
• Positive Sentiment: Dell also won shareholder approval to move its legal domicile from Delaware to Texas, which management says better matches the company’s long-standing headquarters and may be viewed as a governance simplification. Dell (DELL) Wins Shareholder Backing To Move Its Legal Home To Texas
• Neutral Sentiment: News that Nasdaq and NYSE will ring the opening bell from the Oval Office to promote Trump Accounts does not appear specific to Dell’s fundamentals, so it is unlikely to have a meaningful stock impact. Nasdaq, NYSE to Ring Bell From Oval Office, Tout Trump Accounts
• Negative Sentiment: GF Securities downgraded Dell after an almost 200% run since February, suggesting valuation concerns after the stock’s strong move higher, even though the firm acknowledged Dell’s record quarter and rapid AI server growth. After a Nearly 200% Run Since February, GF Securities Downgraded Dell Shares. Don’t Count DELL Stock Out Just Yet.

Analyst Ratings Changes

A number of research firms have recently issued reports on DELL. Citic Securities increased their target price on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a report on Monday, June 1st. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Wolfe Research downgraded Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. Wells Fargo & Company increased their price target on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Susquehanna set a $289.00 price objective on shares of Dell Technologies and gave the company a “neutral” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $490.38.

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.