SLT Holdings LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL – Free Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 1,900 shares of the technology company’s stock, valued at approximately $239,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Dell Technologies by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. State Street Corp raised its position in shares of Dell Technologies by 2.5% in the third quarter. State Street Corp now owns 14,450,258 shares of the technology company’s stock valued at $2,048,613,000 after buying an additional 350,941 shares in the last quarter. Invesco Ltd. raised its position in shares of Dell Technologies by 82.3% in the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after buying an additional 2,191,317 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Dell Technologies by 19.9% in the third quarter. Ameriprise Financial Inc. now owns 3,840,921 shares of the technology company’s stock valued at $544,670,000 after buying an additional 637,189 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after buying an additional 2,937,137 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.
Dell Technologies News Summary
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Analysts expect Dell to beat fiscal first-quarter estimates, with upbeat revisions and higher price targets adding to the stock’s rally ahead of earnings on May 28. Dell stock rallies as analysts show love ahead of Q1 earnings
- Positive Sentiment: AI demand remains a major catalyst, with Dell’s server backlog and revenue targets pointing to strong growth in enterprise and hyperscale AI infrastructure. Dell’s AI Data Center Expansion Gains Pace: What Lies Ahead?
- Positive Sentiment: The shares hit a fresh record and 52-week high as investors continue to re-rate Dell higher on the strength of its AI story ahead of earnings. Dell Stock Surges to Fresh Record Ahead of Earnings Next Week
- Positive Sentiment: Heavy call-option activity suggests traders are positioning for more upside into the earnings report. Dell Technologies Stock Hits 52-Week High – Here’s Why
- Neutral Sentiment: Dell also announced that an Infrastructure Solutions Group executive will present at a June investor conference, keeping the company in focus with investors but not changing near-term fundamentals. Dell Technologies to Present at Investor Conference in June
- Neutral Sentiment: Most of the recent coverage is centered on upcoming earnings and AI momentum, so the stock’s move is still largely driven by expectations rather than confirmed results. Dell Stock Leads the S&P 500 Today. Next Week’s Earnings Could Send It Higher.
Analysts Set New Price Targets
Get Our Latest Stock Report on Dell Technologies
Insider Activity
In other Dell Technologies news, CAO Richard Troy Sharp sold 1,538 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $149.26, for a total transaction of $229,561.88. Following the sale, the chief accounting officer owned 8,030 shares of the company’s stock, valued at approximately $1,198,557.80. The trade was a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David Alan Kennedy sold 19,500 shares of the business’s stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the sale, the chief financial officer directly owned 183,097 shares in the company, valued at approximately $33,420,695.41. The trade was a 9.63% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. 42.00% of the stock is currently owned by insiders.
Dell Technologies Price Performance
Shares of DELL opened at $294.97 on Monday. Dell Technologies Inc. has a one year low of $106.38 and a one year high of $298.32. The company has a market cap of $190.48 billion, a P/E ratio of 33.83, a P/E/G ratio of 1.11 and a beta of 0.99. The firm has a 50 day simple moving average of $199.13 and a two-hundred day simple moving average of $153.16.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating the consensus estimate of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. During the same period in the previous year, the business earned $2.68 earnings per share. The company’s revenue was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, analysts expect that Dell Technologies Inc. will post 11.87 earnings per share for the current fiscal year.
Dell Technologies Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, April 21st. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.9%. Dell Technologies’s payout ratio is presently 28.90%.
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.
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