Dell Technologies Inc. $DELL Shares Sold by Jennison Associates LLC

Jennison Associates LLC lessened its position in shares of Dell Technologies Inc. (NYSE:DELL) by 33.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 855,260 shares of the technology company’s stock after selling 421,417 shares during the quarter. Jennison Associates LLC’s holdings in Dell Technologies were worth $140,374,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DELL. Campbell Capital Management Inc. grew its holdings in Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after buying an additional 20,362 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Dell Technologies by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after acquiring an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of Dell Technologies in the fourth quarter worth $23,332,000. Tectonic Advisors LLC purchased a new stake in shares of Dell Technologies in the fourth quarter valued at $5,620,000. Finally, Nordea Investment Management AB boosted its stake in shares of Dell Technologies by 437.4% during the fourth quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company’s stock valued at $98,578,000 after acquiring an additional 631,315 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

More Dell Technologies News

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

• Positive Sentiment: Dell is being highlighted as a strong AI hardware name with booming demand for AI-optimized servers, a large backlog, and a growing role in enterprise and government data-center builds. Tech Corner: DELL’s Booming AI Server Business
• Positive Sentiment: Market commentary continues to frame Dell as attractively valued versus some AI and cloud peers, with strong free cash flow and a much lower forward multiple than higher-flying competitors. CrowdStrike vs. Dell Technologies: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: Analysts and market-watchers continue to point to Dell as a relative winner within technology, with some reports calling it one of the better-performing computer and tech stocks this year. Is Dell Technologies (DELL) Stock Outpacing Its Computer and Technology Peers This Year?
• Neutral Sentiment: Dell CFO Yvonne McGill was honored at a local business awards event, which is positive for the company’s profile but unlikely to materially affect the stock. Dell CFO Yvonne McGill honored with legacy award at 2026 Best CFOs event
• Negative Sentiment: Broader tech weakness is weighing on Dell along with other chip and AI-related stocks, as investors continue to rotate out of the sector. AMD, Dell, Intel, Netflix, SpaceX, and More Stocks That Explain Today’s Market
• Negative Sentiment: Several articles note that Dell has stalled since its recent highs, with concerns about valuation and lingering AI-sector volatility keeping some investors cautious. Dell stock has stalled since May: will it pop or crash?

Insider Activity at Dell Technologies

In related news, Director Lake Group L.L.C. Silver sold 16,679 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the transaction, the director directly owned 67,990 shares of the company’s stock, valued at $30,836,184.60. This trade represents a 50.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 over the last three months. Insiders own 41.50% of the company’s stock.

Dell Technologies Trading Up 1.5%

Dell Technologies stock opened at $397.18 on Friday. The stock has a fifty day moving average price of $372.69 and a 200 day moving average price of $228.67. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47. The firm has a market capitalization of $257.42 billion, a P/E ratio of 31.55, a PEG 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 firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period last year, the company earned $1.55 EPS. 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 business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Wall Street Analyst Weigh In

A number of analysts recently commented on DELL shares. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Guggenheim raised shares of Dell Technologies to a “buy” rating in a research note on Monday, June 1st. Citigroup started coverage on shares of Dell Technologies in a report on Monday, June 1st. They set an “outperform” rating for the company. Daiwa Securities Group boosted their price objective 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. Finally, Wells Fargo & Company upped their price objective on shares of Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $492.76.

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.