Glenmede Trust Co. NA Sells 6,001 Shares of Dell Technologies Inc. $DELL

Glenmede Trust Co. NA lowered its position in Dell Technologies Inc. (NYSE:DELL) by 22.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 20,517 shares of the technology company’s stock after selling 6,001 shares during the period. Glenmede Trust Co. NA’s holdings in Dell Technologies were worth $3,367,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC bought a new stake in Dell Technologies in the fourth quarter worth approximately $25,000. Rossby Financial LCC raised its holdings 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 purchasing an additional 184 shares in the last quarter. Navalign LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at $29,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Dell Technologies in the 4th quarter valued at $29,000. Finally, WealthCollab LLC boosted its holdings in 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 purchasing an additional 114 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies News Roundup

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

• Positive Sentiment: Record backlogs, partnerships with leading chipmakers and surging demand for AI servers are supporting expectations for continued revenue and earnings growth. The combination of strong fundamentals and a relatively attractive valuation is strengthening the bullish case. Dell: Record Backlogs & Surging AI Server Demand
• Positive Sentiment: Dell benefited from a broad rally in AI-server stocks, alongside Super Micro Computer and Hewlett Packard Enterprise, as investors embraced a risk-on move in technology despite the absence of a specific company announcement. Dell and Super Micro Rally as AI Server Stocks Surge
• Positive Sentiment: D&H Distributing expanded its Dell offering to include the complete Dell storage portfolio, potentially broadening channel access for Dell’s storage products. D&H Distributing Expands Dell Offering
• Positive Sentiment: Michael Dell participated in Volta Infra’s $300 million funding round and its additional $5 billion financing plan. The investment increases Dell leadership’s exposure to the expanding AI-cloud ecosystem and could support strategic relationships around AI-chip infrastructure. Nvidia, Dell Back AI Cloud Startup Volta
• Positive Sentiment: Analysts and momentum-focused investors are highlighting Dell’s relative technical strength, rising profit estimates and proximity to a potential buy point ahead of its next earnings report. Dell Leaps Amid AI Server Demand Surge
• Neutral Sentiment: Marketwide strength also helped Dell, with the Dow Jones Industrial Average and S&P 500 reaching records, making it difficult to separate company-specific buying from broader momentum. Stock Market Today: Dow and S&P 500 Hit New Highs
• Negative Sentiment: One analyst cautioned that new competitors could pressure one of Dell’s largest growth engines, creating a risk that intensifying competition may reduce future AI-server growth or margins. Analyst Makes Bold Dell Call Ahead of Earnings

Analysts Set New Price Targets

DELL has been the topic of several analyst reports. Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Royal Bank Of Canada assumed coverage on Dell Technologies in a research note on Friday, May 29th. They set an “outperform” rating for the company. Melius Research set a $565.00 price objective on Dell Technologies in a report on Friday, May 29th. Loop Capital raised their price objective on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, UBS Group set a $700.00 target price on Dell Technologies in a report on Friday, May 29th. One research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and an average price target of $494.67.

Dell Technologies Price Performance

Dell Technologies stock opened at $467.96 on Wednesday. The firm has a market cap of $303.29 billion, a price-to-earnings ratio of 37.17, a P/E/G ratio of 0.92 and a beta of 1.33. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $476.90. The firm has a fifty day moving average price of $410.97 and a two-hundred day moving average price of $254.22.

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, 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 negative return on equity of 366.90% and a net margin of 6.28%.The firm’s revenue was up 87.5% compared to the same quarter last year. During the same period last year, the business posted $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, sell-side analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Insider Activity at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business’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 $86,928,791.95. Following the transaction, the director owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 transaction, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. The trade was 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 sold 3,434,758 shares of company stock worth $1,448,870,683. Company insiders own 41.50% of the company’s stock.

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.