Dell Technologies Inc. $DELL Shares Bought by Kensington Investment Counsel LLC

Kensington Investment Counsel LLC boosted its holdings in Dell Technologies Inc. (NYSE:DELL) by 17.9% in the 1st quarter, HoldingsChannel reports. The fund owned 17,075 shares of the technology company’s stock after acquiring an additional 2,594 shares during the quarter. Dell Technologies comprises about 1.3% of Kensington Investment Counsel LLC’s investment portfolio, making the stock its 28th biggest holding. Kensington Investment Counsel LLC’s holdings in Dell Technologies were worth $2,803,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DELL. Commonwealth Retirement Investments LLC purchased a new stake in shares of Dell Technologies in the 4th quarter worth about $25,000. Rossby Financial LCC lifted 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 valued at $26,000 after purchasing an additional 184 shares in the last quarter. Portus Wealth Advisors LLC acquired a new stake in shares of Dell Technologies in the first quarter valued at approximately $35,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Finally, Navalign LLC purchased a new position in shares of Dell Technologies during the 4th quarter worth approximately $29,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies News Roundup

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

• Positive Sentiment: Demand for Dell’s AI servers remains robust. Reports on long-term supply agreements and customer deposits for future AI hardware suggest strong order visibility and continued spending by large technology customers. SK Hynix AI supply agreements article
• Positive Sentiment: Analyst commentary remains constructive on Dell’s AI-server growth, backlog expansion and valuation relative to other major AI stocks. Positive earnings-estimate revisions and a technical “hammer” pattern were cited as potential signs of stabilization after the recent decline. Dell bottom-fisher analysis
• Positive Sentiment: Dell is broadening its AI strategy beyond servers by joining an open-source cybersecurity alliance focused on AI threat detection and defense. The initiative could strengthen Dell’s positioning in enterprise AI infrastructure and security. Dell joins AI cybersecurity alliance
• Positive Sentiment: Expanded retail distribution of the Dell XPS 13 in India, including in-store demonstrations and online availability, supports Dell’s premium-PC visibility. Separately, growing demand for premium AI PCs may provide an additional consumer growth opportunity. Dell XPS 13 retail expansion

Insider Activity

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the sale, the director owned 24,287 shares of the company’s stock, valued at $11,123,203.13. This trade represents a 88.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the sale, the director owned 36,659 shares in the company, valued at $16,789,455.41. This represents a 82.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,434,758 shares of company stock worth $1,448,870,683 over the last three months. 41.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Evercore reaffirmed an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, July 8th. Melius Research set a $565.00 price objective on shares of Dell Technologies in a research report on Friday, May 29th. 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, Citigroup lifted their target price on shares of Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $494.67.

Dell Technologies Trading Down 5.7%

Shares of Dell Technologies stock opened at $369.63 on Thursday. The business’s fifty day moving average price is $399.79 and its 200 day moving average price is $245.57. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The stock has a market capitalization of $239.56 billion, a P/E ratio of 29.36, a PEG ratio of 0.84 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the business posted $1.55 EPS. The company’s quarterly revenue was up 87.5% compared to the same quarter last year. 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, sell-side analysts predict that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Announces Dividend

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. This represents a $2.52 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio is currently 20.02%.

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.