Archer Investment Corp Has $323,000 Holdings in Dell Technologies Inc. $DELL

Archer Investment Corp cut its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 41.3% during the 1st quarter, Holdings Channel reports. The firm owned 1,968 shares of the technology company’s stock after selling 1,385 shares during the period. Archer Investment Corp’s holdings in Dell Technologies were worth $323,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. State Street Corp lifted its position in shares of Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock valued at $1,852,450,000 after acquiring an additional 265,740 shares during the period. Geode Capital Management LLC grew its holdings in shares of Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after purchasing an additional 108,011 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares in the last quarter. Finally, Deutsche Bank AG increased its position in shares of Dell Technologies by 24.6% in the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after purchasing an additional 1,090,336 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Stock Up 7.1%

NYSE:DELL opened at $457.64 on Wednesday. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The stock’s 50-day simple moving average is $363.26 and its 200 day simple moving average is $223.64. The firm has a market capitalization of $296.60 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 0.91 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last issued its 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. The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business’s quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter in the previous 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. On average, analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Susquehanna set a $289.00 price target on Dell Technologies and gave the company a “neutral” rating in a research note on Friday, May 29th. Sanford C. Bernstein raised their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Daiwa Securities Group boosted their target price on shares of Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Finally, UBS Group set a $700.00 price target on shares of Dell Technologies 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 issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $492.76.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction 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 completion of the transaction, the director directly owned 36,659 shares in the company, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the 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 completion of the transaction, the director owned 24,287 shares of the company’s stock, valued at $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,816,758 shares of company stock valued at $1,516,412,103 in the last quarter. Insiders own 41.50% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Multiple reports say Dell is “winning the AI infrastructure race,” citing strong demand for AI-optimized servers and the company’s growing role in data-center buildouts. Dell Is Winning the AI Infrastructure Race. Here’s What Comes Next After a 250% YTD Rally.
• Positive Sentiment: Another note said PC shipments were weaker in Q2, but Dell’s AI infrastructure segment continues to exceed expectations, helping support the stock’s long-term growth story. PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher
• Positive Sentiment: Analyst commentary remains constructive, with one article highlighting Dell’s strong interest coverage and solid growth prospects despite higher borrowing costs. DELL & 3 More Stocks With Strong Interest Coverage to Buy Now
• Neutral Sentiment: Several stories focused on how far Dell has already run this year and whether the stock can keep climbing, suggesting valuation is becoming a bigger debate after the rally. Missed DELL’s 248% Run? IGPT Quietly Turned $10K Into $16,600
• Negative Sentiment: Recent insider selling by several Silver Lake-related directors may be pressuring sentiment, since the sales were sizable and came near recent highs. SEC filing for Silver Lake Partners sale
• Negative Sentiment: One trading update noted Dell underperformed the broader market in the latest session, which may reflect profit-taking after the stock’s outsized year-to-date advance. Dell Technologies Registers a Bigger Fall Than the Market

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.