Paragon Private Wealth Management LLC Takes $479,000 Position in Dell Technologies Inc. $DELL

Paragon Private Wealth Management LLC acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,109 shares of the technology company’s stock, valued at approximately $479,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DELL. Byrne Asset Management LLC bought a new position in shares of Dell Technologies during the 2nd quarter valued at about $38,000. Atwood & Palmer Inc. raised its holdings in Dell Technologies by 860.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock worth $41,000 after buying an additional 86 shares during the period. Allied Private Wealth LLC bought a new position in Dell Technologies in the second quarter valued at approximately $63,000. Continuum Advisory LLC acquired a new position in shares of Dell Technologies in the second quarter valued at approximately $64,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of Dell Technologies by 5,900.0% in the second quarter. Elevation Wealth Partners LLC now owns 180 shares of the technology company’s stock valued at $78,000 after buying an additional 177 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DELL. Barclays raised their price objective on shares of Dell Technologies from $550.00 to $603.00 and gave the stock an “overweight” rating in a report on Wednesday. William Blair started coverage on Dell Technologies in a report on Monday, June 1st. They set a “neutral” rating for the company. Evercore boosted their price target on Dell Technologies from $550.00 to $575.00 and gave the company an “outperform” rating in a report on Wednesday. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $553.79.

Dell Technologies Trading Up 4.2%

Dell Technologies stock opened at $512.66 on Friday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $530.78. The company has a fifty day simple moving average of $436.67 and a 200 day simple moving average of $307.41. The company has a market cap of $332.26 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the previous year, the firm posted $1.70 EPS. The company’s revenue for the quarter was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, equities research analysts forecast that Dell Technologies Inc. will post 18.22 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.

Key Dell Technologies News

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

• Positive Sentiment: Dell reported record quarterly revenue of approximately $46.97 billion, up nearly 58% year over year, while adjusted EPS of $7.04 exceeded the $4.91 consensus estimate. Dell shares gain after strong AI server demand boosts annual forecast
• Positive Sentiment: AI server orders reached a record $60.9 billion, helping expand Dell’s AI-related backlog to roughly $95 billion. The backlog provides significant revenue visibility and reinforces the view that AI capital spending is translating into hardware sales. Dell AI Server Momentum Accelerates With Record AI Orders
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to approximately $192 billion from $167 billion and increased adjusted EPS guidance to $25.50 from $17.90. The higher outlook, Dell’s fifth consecutive revenue-guidance beat, prompted several analysts to lift price targets; JPMorgan raised its target to $635 while maintaining an Overweight rating. Dell shares rise as demand jumps for AI servers
• Positive Sentiment: Investors are increasingly viewing Dell as a key “picks-and-shovels” beneficiary of AI, particularly as enterprises consider on-premises infrastructure to control cloud-computing and AI token costs. Strong results from Broadcom and Hewlett Packard Enterprise have further supported the broader AI infrastructure trade. AI Infrastructure Demand Remains Red-Hot

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 131,040 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $398.13, for a total transaction of $52,170,955.20. Following the sale, the director owned 12,619 shares in the company, valued at $5,024,002.47. This represents a 91.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $55,294,285.05. Following the completion of the sale, the director directly owned 8,585 shares of the company’s stock, valued at approximately $3,417,946.05. The trade was a 94.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,527,629 shares of company stock valued at $619,325,485 over the last three months. Insiders own 41.50% of the company’s stock.

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.