Entropy Technologies LP Sells 1,812 Shares of Dell Technologies Inc. $DELL

Entropy Technologies LP lessened its position in Dell Technologies Inc. (NYSE:DELL) by 36.4% in the first quarter, Holdings Channel.com reports. The firm owned 3,171 shares of the technology company’s stock after selling 1,812 shares during the quarter. Entropy Technologies LP’s holdings in Dell Technologies were worth $520,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DELL. Brighton Jones LLC grew its holdings in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after acquiring an additional 901 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dell Technologies in the second quarter worth $328,000. Marshall Wace LLP bought a new position in Dell Technologies during the 2nd quarter worth $809,000. Gamco Investors INC. ET AL lifted its holdings in Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after buying an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of Dell Technologies by 147.2% in the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after buying an additional 34,538 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Stock Performance

Shares of DELL stock opened at $369.63 on Thursday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47. The stock has a 50 day simple moving average of $399.79 and a two-hundred day simple moving average of $245.57. The company has a market cap of $239.56 billion, a P/E ratio of 29.36, a PEG ratio of 0.84 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.55 EPS. 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, 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 declared 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. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 89,222 shares in the company, valued at $40,465,745.88. This trade represents a 40.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. Company insiders own 41.50% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Demand for Dell’s AI servers remains robust. Reports on long-term supply agreements and customer deposits for future AI hardware suggest strong order visibility and continued spending by large technology customers. SK Hynix AI supply agreements article
• Positive Sentiment: Analyst commentary remains constructive on Dell’s AI-server growth, backlog expansion and valuation relative to other major AI stocks. Positive earnings-estimate revisions and a technical “hammer” pattern were cited as potential signs of stabilization after the recent decline. Dell bottom-fisher analysis
• Positive Sentiment: Dell is broadening its AI strategy beyond servers by joining an open-source cybersecurity alliance focused on AI threat detection and defense. The initiative could strengthen Dell’s positioning in enterprise AI infrastructure and security. Dell joins AI cybersecurity alliance
• Positive Sentiment: Expanded retail distribution of the Dell XPS 13 in India, including in-store demonstrations and online availability, supports Dell’s premium-PC visibility. Separately, growing demand for premium AI PCs may provide an additional consumer growth opportunity. Dell XPS 13 retail expansion

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Raymond James Financial lowered Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. Mizuho raised their price target on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Weiss Ratings upgraded shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Wolfe Research cut shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Finally, Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. One research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $494.67.

Dell Technologies Company 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.