Resonant Capital Advisors LLC Invests $249,000 in Dell Technologies Inc. $DELL

Resonant Capital Advisors LLC bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the 1st quarter, Holdings Channel reports. The institutional investor bought 1,520 shares of the technology company’s stock, valued at approximately $249,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DELL. Norges Bank acquired a new stake in shares of Dell Technologies in the 4th quarter valued at about $607,349,000. Wellington Management Group LLP raised its position in Dell Technologies by 4,279.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. grew its position in Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares during the last quarter. Michael & Susan Dell Foundation increased its stake in Dell Technologies by 533.3% in the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after purchasing an additional 2,258,797 shares during the period. Finally, Franklin Resources Inc. increased its stake in Dell Technologies by 541.9% in the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after purchasing an additional 1,685,529 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Key Dell Technologies News

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

• Positive Sentiment: Evercore’s higher price target and upbeat AI demand outlook are helping support the stock’s momentum, with the firm saying supply constraints, not weak demand, are the main limit on growth. Dell Technologies in spotlight as Evercore ups price target on AI prospects
• Positive Sentiment: Multiple articles highlighted Dell’s AI leadership, including commentary that AI-ready PCs and AI infrastructure should become standard for enterprises, which could bolster long-term demand for Dell products. AI-ready PCs will become the standard for enterprises, says Indrajit Belgundi of Dell Technologies
• Positive Sentiment: Market coverage also pointed to Dell outperforming and gaining traction alongside other AI-related names, suggesting traders are rotating into the stock on improving sentiment. Stock Market Today: Dow Builds Gains Amid U.S.-Iran News; Arm, Dell Lead Upside (Live Coverage)
• Positive Sentiment: Several pieces also framed DELL as potentially undervalued relative to its recent earnings beat and raised guidance, which may be drawing in value-oriented buyers. Dell (DELL) Stock Looks Cheap On Fair Value Despite Huge Returns
• Neutral Sentiment: There was also a notable insider sale by Silver Lake-related directors, which can create noise around sentiment but does not by itself change Dell’s AI growth outlook. SEC filing
• Negative Sentiment: Recent bylaw changes tightening shareholder proposal rules could concern some investors on governance grounds, even though this is not an operating issue. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?
• Negative Sentiment: Heavy insider selling by multiple directors may also temper enthusiasm for some traders, though it has been outweighed by the bullish AI narrative so far. SEC filing

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Zacks Research raised Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. HSBC raised Dell Technologies to a “buy” rating in a research report on Friday, May 29th. Royal Bank Of Canada started coverage on Dell Technologies in a research note on Friday, May 29th. They set an “outperform” rating for the company. Barclays cut shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Finally, Loop Capital increased their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $492.76.

Dell Technologies Trading Up 4.2%

DELL stock opened at $450.20 on Friday. The firm has a 50 day moving average of $349.48 and a 200-day moving average of $217.04. The company has a market cap of $291.78 billion, a price-to-earnings ratio of 35.76, a PEG ratio of 0.92 and a beta of 1.31. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $469.47.

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

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 yield of 0.6%. Dell Technologies’s dividend payout ratio is 20.02%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 458,666 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $177.24, for a total transaction of $81,293,961.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey W. Clarke sold 116,000 shares of Dell Technologies stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the transaction, the chief operating officer 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. 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 have sold 4,055,405 shares of company stock worth $1,471,039,891. Corporate 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.