Dell Technologies Inc. $DELL Shares Sold by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL) by 41.5% during the first quarter, HoldingsChannel reports. The fund owned 11,318 shares of the technology company’s stock after selling 8,015 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Dell Technologies were worth $1,858,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Campbell Capital Management Inc. raised its stake in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after buying an additional 20,362 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Dell Technologies by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after buying an additional 7,642 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in Dell Technologies during the fourth quarter worth $23,332,000. Tectonic Advisors LLC purchased a new position in Dell Technologies in the fourth quarter worth $5,620,000. Finally, U.S. Capital Wealth Advisors LLC lifted its holdings in Dell Technologies by 31.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 25,209 shares of the technology company’s stock valued at $3,173,000 after acquiring an additional 6,038 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Lake Group L.L.C. Silver sold 16,679 shares of the company’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $396.37, for a total value of $6,611,055.23. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $31,160,919.24. Following the sale, the director directly owned 67,990 shares in the company, valued at approximately $30,836,184.60. The trade was a 50.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,434,758 shares of company stock worth $1,448,870,683 in the last 90 days. Corporate insiders own 41.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DELL. HSBC raised shares of Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Wells Fargo & Company upped their target price on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Wolfe Research downgraded shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Citigroup initiated coverage on Dell Technologies in a research note on Monday, June 1st. They set an “outperform” rating on the stock. Finally, Sanford C. Bernstein upped their price target on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $492.76.

More Dell Technologies News

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

• Positive Sentiment: Shares moved higher after Super Micro Computer’s preliminary results showed booming margins and strong orders, which traders viewed as a positive read-through for Dell’s AI server demand. Super Micro Soars Late On Booming Margins, Orders; Dell, HP Enterprise Also Rally
• Positive Sentiment: Market commentary from Jim Cramer flagged Dell as a likely next winner after SMCI’s results, reinforcing the bullish AI-demand narrative around Dell Technologies. QUICK SPARK: Jim Cramer Flags Dell as the Next Winner After SMCI Preliminary Results
• Positive Sentiment: Analysts and market reports noted Dell was rallying alongside other AI hardware names as the Nasdaq rebounded, suggesting broad sector strength is helping support the stock. Super Micro Jumps 6%, Dell Climbs 7%, HPE Rises 5% as AI Hardware Rebounds With the Nasdaq
• Neutral Sentiment: Several articles highlighted Dell as a trending AI-PC and enterprise hardware stock, but these pieces were more commentary than fresh company-specific catalysts. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Dell also saw a prior-day pullback, with reports saying the stock underperformed the broader market, which may have set up the stronger rebound seen today. Here’s Why Dell Technologies (DELL) Fell More Than Broader Market

Dell Technologies Trading Up 5.7%

NYSE:DELL opened at $403.55 on Wednesday. The company has a market capitalization of $261.54 billion, a P/E ratio of 32.05, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. The firm has a 50-day moving average price of $378.67 and a two-hundred day moving average price of $233.13. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 earnings per share. 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 research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. Dell Technologies’s dividend payout ratio is presently 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.