Resonant Capital Advisors LLC Invests $249,000 in Dell Technologies Inc. $DELL

Resonant Capital Advisors LLC purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,520 shares of the technology company’s stock, valued at approximately $249,000.

Other hedge funds also recently bought and sold shares of the company. Centerpoint Advisory Group purchased a new position in Dell Technologies in the 1st quarter worth approximately $230,000. Collaborative Fund Advisors LLC acquired a new stake in shares of Dell Technologies in the first quarter valued at approximately $1,056,000. Kathmere Capital Management LLC lifted its position in Dell Technologies by 17.8% during the first quarter. Kathmere Capital Management LLC now owns 2,710 shares of the technology company’s stock worth $445,000 after buying an additional 409 shares in the last quarter. Abel Hall LLC acquired a new stake in shares of Dell Technologies in the 1st quarter worth $246,000. Finally, DGS Capital Management LLC increased its stake in shares of Dell Technologies by 22.7% in the 1st quarter. DGS Capital Management LLC now owns 2,197 shares of the technology company’s stock worth $361,000 after acquiring an additional 406 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Performance

NYSE DELL opened at $450.20 on Friday. The firm has a market cap of $291.78 billion, a price-to-earnings ratio of 35.76, a PEG ratio of 0.92 and a beta of 1.31. The firm has a 50 day simple moving average of $349.48 and a 200-day simple moving average of $217.04. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) 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 company had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the business earned $1.55 EPS. The firm’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. Equities analysts predict that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Dell Technologies News Roundup

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

• Positive Sentiment: Evercore’s higher price target and upbeat AI demand outlook are helping support the stock’s momentum, with the firm saying supply constraints, not weak demand, are the main limit on growth. Dell Technologies in spotlight as Evercore ups price target on AI prospects
• Positive Sentiment: Multiple articles highlighted Dell’s AI leadership, including commentary that AI-ready PCs and AI infrastructure should become standard for enterprises, which could bolster long-term demand for Dell products. AI-ready PCs will become the standard for enterprises, says Indrajit Belgundi of Dell Technologies
• Positive Sentiment: Market coverage also pointed to Dell outperforming and gaining traction alongside other AI-related names, suggesting traders are rotating into the stock on improving sentiment. Stock Market Today: Dow Builds Gains Amid U.S.-Iran News; Arm, Dell Lead Upside (Live Coverage)
• Positive Sentiment: Several pieces also framed DELL as potentially undervalued relative to its recent earnings beat and raised guidance, which may be drawing in value-oriented buyers. Dell (DELL) Stock Looks Cheap On Fair Value Despite Huge Returns
• Neutral Sentiment: There was also a notable insider sale by Silver Lake-related directors, which can create noise around sentiment but does not by itself change Dell’s AI growth outlook. SEC filing
• Negative Sentiment: Recent bylaw changes tightening shareholder proposal rules could concern some investors on governance grounds, even though this is not an operating issue. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?
• Negative Sentiment: Heavy insider selling by multiple directors may also temper enthusiasm for some traders, though it has been outweighed by the bullish AI narrative so far. SEC filing

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DELL shares. Argus upped their price objective on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Evercore reissued an “outperform” rating on shares of Dell Technologies in a research note on Wednesday. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Citic Securities upped their price objective on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a report on Monday, June 1st. Finally, Bank of America raised their target price on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $492.76.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 72,766 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $410.52, for a total value of $29,871,898.32. Following the sale, the director owned 23,084 shares of the company’s stock, valued at $9,476,443.68. This trade represents a 75.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,055,405 shares of company stock worth $1,471,039,891 over the last quarter. 41.50% of the stock is currently owned by insiders.

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.