Fideuram Intesa Sanpaolo Private Banking S.P.A. Reduces Position in Dell Technologies Inc. $DELL

Fideuram Intesa Sanpaolo Private Banking S.P.A. trimmed its position in Dell Technologies Inc. (NYSE:DELL) by 14.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,254 shares of the technology company’s stock after selling 7,036 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Dell Technologies were worth $6,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of DELL. Vanguard Group Inc. lifted its position in Dell Technologies by 4.5% during 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 purchasing an additional 1,355,841 shares during the period. State Street Corp lifted its position in shares of Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after purchasing an additional 265,740 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after acquiring an additional 108,011 shares in the last quarter. Invesco Ltd. increased its stake in Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after purchasing an additional 2,445,854 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in shares of Dell Technologies by 24.6% during the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after purchasing an additional 1,090,336 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director V (Gp) L.L.C. Slta sold 458,666 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $177.24, for a total value of $81,293,961.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey W. Clarke sold 116,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total value of $21,167,680.00. Following the completion of the transaction, the chief operating officer directly owned 1,687,414 shares of the company’s stock, valued at approximately $307,919,306.72. The trade was a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 worth $1,403,598,971. 41.50% of the stock is owned by insiders.

Analysts Set New Price Targets

DELL has been the subject of several research analyst reports. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Daiwa Securities Group boosted their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a report on Monday, June 1st. Finally, Citigroup started coverage on shares of Dell Technologies in a report on Monday, June 1st. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $490.38.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Analysts and market commentary continue to point to Dell as a key winner in the AI infrastructure boom, with strong demand for AI servers and data-center hardware supporting the long-term growth story. Article: Wall Street Bulls Look Optimistic About Dell Technologies (DELL): Should You Buy?
• Positive Sentiment: Reports say Dell is expanding its enterprise AI push, including launching PowerStore Elite in India, which reinforces the company’s role in AI storage and infrastructure spending. Article: Dell Technologies Brings PowerStore Elite To India, Widens Agentic AI Push For Enterprises
• Positive Sentiment: Some coverage suggests Dell may benefit as customers look for alternatives to Super Micro amid investigation-related concerns, potentially helping Dell gain share in AI servers. Article: Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Neutral Sentiment: Recent commentary says Dell’s shares may have run too far, too fast, with the stock near a 52-week high and some analysts describing the risk/reward as less attractive after the big rally. Article: Dell: Too Far, Too Fast
• Neutral Sentiment: Dell also completed its redomestication to Texas corporation status, a corporate structure change that is operationally relevant but not an immediate earnings driver. Article: Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: One article warns that Dell’s AI growth is coming with a margin hit, suggesting the market may be underestimating pressure on gross margins as lower-margin AI server sales rise. Article: Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A director recently sold about $6.6 million of stock, which can add to caution after the stock’s strong recent move. Article: Insider Selling: Dell Technologies (NYSE:DELL) Director Sells $6,611,055.23 in Stock

Dell Technologies Stock Performance

Shares of Dell Technologies stock opened at $394.29 on Friday. The firm has a market cap of $255.54 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 0.91 and a beta of 1.31. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The firm’s 50-day simple moving average is $328.66 and its 200-day simple moving average is $206.73.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. The firm’s revenue was up 87.5% on a year-over-year basis. 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 analysts predict that Dell Technologies Inc. will post 17.74 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued 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 20.02%.

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.