CoreCap Advisors LLC Increases Position in Dell Technologies Inc. $DELL

CoreCap Advisors LLC increased its holdings in Dell Technologies Inc. (NYSE:DELL) by 235.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 6,097 shares of the technology company’s stock after acquiring an additional 4,281 shares during the quarter. CoreCap Advisors LLC’s holdings in Dell Technologies were worth $2,631,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Commonwealth Retirement Investments LLC purchased a new stake in Dell Technologies during the 4th quarter worth approximately $25,000. Rossby Financial LCC boosted its stake in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares during the last quarter. Navalign LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth approximately $29,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Dell Technologies during the fourth quarter worth approximately $29,000. Finally, WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

More Dell Technologies News

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

• Positive Sentiment: Record AI-server demand, a large backlog and partnerships with leading chipmakers are reinforcing expectations for strong growth in Dell’s infrastructure business. Dell: Record Backlogs & Surging AI Server Demand
• Positive Sentiment: DELL has reportedly surged about 260% this year and reached an all-time high as investors connect the company to the AI investment cycle, favorable political attention and rising data-center spending. Dell Stock Surged 260% This Year
• Positive Sentiment: A broad risk-on move in AI-server stocks lifted Dell alongside Super Micro Computer and Hewlett Packard Enterprise, while separate coverage highlighted Dell’s strong growth relative to peers. AI Server Stocks Surge
• Positive Sentiment: Michael Dell and Nvidia participated in a $300 million funding round for AI-cloud startup Volta, signaling continued strategic engagement with the expanding AI-computing ecosystem. Nvidia, Dell Back AI Cloud Startup Volta
• Positive Sentiment: D&H Distributing is adding Dell’s complete storage portfolio, potentially broadening channel reach for Dell’s enterprise-storage products. D&H Distributing Expands Dell Offering
• Neutral Sentiment: Analysts are debating whether Dell’s fundamentals can support additional upside after the stock reached a 52-week high; the debate centers on future earnings growth versus an increasingly demanding valuation. Dell Hits Fresh High
• Negative Sentiment: GF Securities lowered its price target and recommended selling at current levels, citing risks that new competitors could weaken one of Dell’s key AI-related growth engines. Analyst Cuts Dell Price Target

Wall Street Analyst Weigh In

Several research analysts have weighed in on DELL shares. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a report on Friday, May 29th. The Goldman Sachs Group upped their target price on shares of Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Raymond James Financial downgraded Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. Melius Research set a $565.00 price objective on Dell Technologies in a report on Friday, May 29th. Finally, Sanford C. Bernstein increased their target price on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. One 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 company’s stock. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $494.67.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $463.74 on Thursday. The firm has a market capitalization of $300.55 billion, a PE ratio of 36.83, a P/E/G ratio of 1.00 and a beta of 1.33. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $485.70. The business’s fifty day moving average price is $414.15 and its two-hundred day moving average price is $256.65.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate 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 business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the prior year, the firm earned $1.55 earnings per share. The company’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 research analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 21st. Dell Technologies’s payout ratio is 20.02%.

Insider Activity at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares of the company’s stock, valued at $16,789,455.41. This represents a 82.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock in a transaction 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 sale, 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. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. Insiders own 41.50% of the company’s stock.

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.