Elevation Point Wealth Partners LLC Has $3.48 Million Stake in Dell Technologies Inc. $DELL

Elevation Point Wealth Partners LLC grew its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 389.1% in the first quarter, Holdings Channel reports. The institutional investor owned 21,177 shares of the technology company’s stock after purchasing an additional 16,847 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Dell Technologies were worth $3,476,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in DELL. Campbell Capital Management Inc. grew its holdings in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after purchasing an additional 20,362 shares in the last quarter. ProShare Advisors LLC increased its position in shares of Dell Technologies by 10.5% during the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after purchasing an additional 7,642 shares during the period. 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 valued at $23,332,000. Tectonic Advisors LLC bought a new position in Dell Technologies in the fourth quarter worth $5,620,000. Finally, B. Metzler seel. Sohn & Co. AG lifted its position in Dell Technologies by 156.2% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 119,263 shares of the technology company’s stock worth $16,908,000 after purchasing an additional 72,712 shares during the period. Institutional investors own 76.37% of the company’s stock.

Insider Activity

In other news, Director Spv-2 L.P. Sl sold 34,257 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $13,809,681.84. Following the transaction, the director directly owned 91,809 shares of the company’s stock, valued at $37,010,044.08. The trade was a 27.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 12,022 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $421.00, for a total value of $5,061,262.00. Following the sale, the director directly owned 25,267 shares of the company’s stock, valued at $10,637,407. This represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 3,901,953 shares of company stock valued at $1,403,598,971. Corporate insiders own 41.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on DELL. Evercore boosted their price target on shares of Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Truist Financial raised their price objective on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a report on Friday, May 29th. JPMorgan Chase & Co. lifted their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Barclays cut shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Finally, Zacks Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and an average target price of $490.38.

Dell Technologies Price Performance

Dell Technologies stock opened at $394.29 on Friday. The firm has a market capitalization of $255.54 billion, a P/E ratio of 31.32, a P/E/G ratio of 0.84 and a beta of 1.31. The stock has a fifty day moving average price of $332.26 and a two-hundred day moving average price of $208.05. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $469.47.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same quarter in the previous 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. On average, equities research analysts predict that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

More Dell Technologies News

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

• Positive Sentiment: Dell’s Infrastructure Solutions Group is still benefiting from surging AI server demand, with a $51.3 billion backlog and an ongoing infrastructure refresh cycle supporting the company’s fiscal 2027 outlook. Article Title
• Positive Sentiment: Dell is also seeing international manufacturing and local AI demand tailwinds, with reports that most servers are now made in India as demand rises in that market. Article Title
• Neutral Sentiment: Coverage from Dell Technologies World highlighted the company’s Microsoft partnership and hybrid-cloud positioning, reinforcing the long-term AI and enterprise infrastructure narrative. Article Title
• Neutral Sentiment: Some commentary says Dell has run up too far, too fast, suggesting the stock may be vulnerable after its sharp rally. Article Title
• Negative Sentiment: Several pieces point to profit-taking and a downgrade, with analysts warning that Dell’s valuation may be stretched and that investors may want to lock in gains. Article Title
• Negative Sentiment: Dell shares also fell as AI-linked stocks sold off broadly on fears that chip demand tied to the AI boom could be cooling, which weighed on the stock despite its business-specific strength. Article Title

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.