Convergence Investment Partners LLC Acquires 31,653 Shares of Dell Technologies Inc. $DELL

Convergence Investment Partners LLC raised its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 237.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,982 shares of the technology company’s stock after buying an additional 31,653 shares during the quarter. Dell Technologies comprises approximately 1.2% of Convergence Investment Partners LLC’s holdings, making the stock its 14th largest position. Convergence Investment Partners LLC’s holdings in Dell Technologies were worth $7,383,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DELL. Bell Investment Advisors Inc grew its stake in Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after acquiring an additional 52 shares in the last quarter. Vectors Research Management LLC lifted its stake in Dell Technologies by 0.4% in the 1st quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock worth $2,404,000 after purchasing an additional 55 shares in the last quarter. Raleigh Capital Management Inc. boosted its holdings in shares of Dell Technologies by 6.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock valued at $171,000 after purchasing an additional 67 shares during the last quarter. Equitable Trust Co. boosted its holdings in shares of Dell Technologies by 2.9% during the 1st quarter. Equitable Trust Co. now owns 2,506 shares of the technology company’s stock valued at $411,000 after purchasing an additional 71 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC grew its position in shares of Dell Technologies by 4.1% during the first quarter. Quadrant Private Wealth Management LLC now owns 1,830 shares of the technology company’s stock valued at $300,000 after purchasing an additional 72 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Dell continues to be highlighted as an AI beneficiary, with articles pointing to demand for AI PCs, servers, and data-center upgrades as long-term growth drivers. Lenovo vs. Dell: Which AI PC Stock Is the Better Buy Now?
• Positive Sentiment: Dell also received a boost from news that Scale AI and Dell signed an MOU to support Qatar’s digital future and AI capabilities, reinforcing its positioning in AI infrastructure. Scale AI and Dell Technologies sign MoU…
• Neutral Sentiment: Several market-commentary pieces kept Dell in focus as a trending stock and among founder-led companies viewed as innovative and long-term growth oriented. Dell Technologies Inc. (DELL) Is a Trending Stock…
• Neutral Sentiment: Other articles were mostly comparative or commentary pieces, including a Dell-vs-Lenovo AI PC debate and broader tech-stock roundups, which add attention but do not provide a direct catalyst. Lenovo vs. Dell: Which AI PC Stock Is the Better Buy Now?
• Negative Sentiment: The main near-term pressure appears to be simple profit-taking after Dell’s strong 2026 rally, with headlines noting the stock has sold off recently even though it remains sharply higher for the year. Mark Zuckerberg Overtakes Michael Dell As 5th Richest Amid Dell Selloff

Insider Transactions at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the transaction, the director directly owned 24,287 shares in the company, valued at approximately $11,123,203.13. This represents a 88.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the completion of the sale, the director directly owned 36,659 shares in the company, valued at $16,789,455.41. This trade represents a 82.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is owned by corporate insiders.

Dell Technologies Stock Performance

NYSE DELL opened at $381.91 on Tuesday. The business’s 50 day moving average price is $375.38 and its 200-day moving average price is $231.18. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47. The company has a market cap of $247.52 billion, a P/E ratio of 30.33, a P/E/G ratio of 0.85 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last issued its quarterly 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. The company 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%.Dell Technologies’s revenue was up 87.5% on a year-over-year basis. During the same period last year, the company 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, equities analysts predict that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is 20.02%.

Wall Street Analyst Weigh In

DELL has been the topic of a number of research analyst reports. Argus boosted their target price on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Wolfe Research cut Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. Morgan Stanley lifted their price objective on Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Weiss Ratings raised Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 15th. Finally, Citigroup started coverage on Dell Technologies in a research report on Monday, June 1st. They set an “outperform” rating for the company. One 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $492.76.

Dell Technologies 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.