Waverly Advisors LLC Decreases Stake in Dell Technologies Inc. $DELL

Waverly Advisors LLC cut its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 18.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,040 shares of the technology company’s stock after selling 1,997 shares during the quarter. Waverly Advisors LLC’s holdings in Dell Technologies were worth $1,484,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Campbell Capital Management Inc. lifted its position in Dell Technologies by 34.0% during the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after purchasing an additional 20,362 shares during the period. ProShare Advisors LLC grew its position in Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after purchasing an additional 7,642 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Dell Technologies during the 4th quarter valued at about $23,332,000. Tectonic Advisors LLC acquired a new position in shares of Dell Technologies in the 4th quarter valued at about $5,620,000. Finally, Gabelli Funds LLC boosted its stake in shares of Dell Technologies by 49.0% in the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after buying an additional 15,150 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 59,492 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $26,982,001.68. Following the completion of the transaction, the director directly owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. This represents a 40.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of Dell Technologies stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 over the last ninety days. Company insiders own 41.50% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on DELL shares. Raymond James Financial cut Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. Sanford C. Bernstein upped their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Evercore reaffirmed an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, July 8th. Melius Research set a $565.00 target price on shares of Dell Technologies in a research note on Friday, May 29th. Finally, Bank of America lifted their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $494.67.

Dell Technologies News Roundup

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

• Positive Sentiment: AI infrastructure momentum supports the stock. Dell is benefiting from strong demand for AI servers, networking equipment and enterprise AI upgrades. A broader rebound in AI hardware stocks, following encouraging hyperscaler results, has added to the positive sentiment. Dell has also cited a potential $60 billion fiscal 2027 AI-server revenue opportunity and recently won an AI and high-performance-computing platform contract with Texas A&M Engineering Experiment Station. Dell Jumps as AI Infrastructure Trade Rebounds
• Positive Sentiment: Commercial PC demand is providing another growth driver. Corporate device-refresh activity and AI-capable PC upgrades are supporting Dell’s outlook, while the company’s recent earnings performance showed substantial revenue and earnings growth. Dell Technologies Rides on Commercial PC Demand: What’s Ahead?
• Positive Sentiment: Analyst expectations imply additional upside. The average analyst price target suggests approximately 25.2% potential appreciation, and recent agreement in raising earnings estimates is a more constructive signal than the target-price average alone. The median target reported for the past six months is $500, with several targets ranging from $477 to $550. Wall Street Analysts Think Dell Technologies Could Surge 25.21%
• Neutral Sentiment: Investor attention is elevated. Dell is among the stocks receiving significant attention from Zacks users, which may increase trading activity but does not by itself provide a fundamental valuation signal. Dell Technologies Is Attracting Investor Attention
• Negative Sentiment: Supply and profitability concerns could limit gains. Memory shortages may increase component costs, while intensifying competition and the mix shift toward AI systems could pressure margins despite strong demand. Dell Technologies Rides on Commercial PC Demand: What’s Ahead?
• Negative Sentiment: Insider selling is a cautionary signal. Reported open-market activity over the past six months shows numerous insider and affiliated-investor sales with no purchases, including sales by senior executives and large investment entities. The transactions may reflect diversification or planned selling, but they could weigh on sentiment.

Dell Technologies Stock Up 0.2%

DELL opened at $405.73 on Friday. The company has a market cap of $262.96 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 0.86 and a beta of 1.31. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The company has a 50-day moving average price of $405.04 and a 200 day moving average price of $248.68.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same period in the previous year, the firm posted $1.55 EPS. Dell Technologies’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. As a group, sell-side analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid 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 dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 20.02%.

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.