1,301 Shares in Dell Technologies Inc. $DELL Bought by Heartland Bank & Trust Co

Heartland Bank & Trust Co purchased a new stake in Dell Technologies Inc. (NYSE:DELL) during the second quarter, Holdings Channel reports. The institutional investor purchased 1,301 shares of the technology company’s stock, valued at approximately $561,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Norges Bank acquired a new stake in Dell Technologies in the fourth quarter valued at approximately $607,349,000. Wellington Management Group LLP grew its holdings in Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. increased its position in shares of Dell Technologies by 50.4% in the 4th 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. Michael & Susan Dell Foundation raised its holdings in shares of Dell Technologies by 533.3% in the 4th 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 in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 16,679 shares of the stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction that occurred 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 completion of the transaction, the director owned 67,990 shares in the company, valued at $30,836,184.60. This trade represents a 50.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,434,758 shares of company stock valued at $1,448,870,683 in the last quarter. 41.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have weighed in on DELL shares. CLSA upgraded Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a report on Monday, June 1st. The Goldman Sachs Group raised their target price on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Citigroup boosted their target price on Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, UBS Group set a $700.00 price target on shares of Dell Technologies in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $496.71.

Dell Technologies Price Performance

DELL stock opened at $441.98 on Friday. The company has a market cap of $286.45 billion, a price-to-earnings ratio of 35.11, a price-to-earnings-growth ratio of 0.91 and a beta of 1.33. The company has a fifty day moving average price of $428.31 and a 200 day moving average price of $284.54. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $514.00.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating 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 company had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period in the previous year, the business posted $1.55 earnings per share. Dell Technologies’s quarterly 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. As a group, analysts anticipate that Dell Technologies Inc. will post 18.17 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies’s payout ratio is 20.02%.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analyst coverage highlights Dell as a potential beneficiary of accelerating AI data-center investment beyond GPUs, including demand for servers, networking, storage, optics, power and cooling. The Zacks Analyst Blog Highlights Dell, Celestica, Lumentum and Vertiv
• Positive Sentiment: Dell is targeting AI-storage growth with an ObjectScale system offering up to 9.83 petabytes in a 2U configuration, potentially strengthening its position in enterprise AI infrastructure. Dell Targets AI Storage Growth With 9.83PB ObjectScale System
• Positive Sentiment: A memorandum of understanding with Emarat is intended to accelerate AI adoption and digital transformation, creating potential long-term enterprise demand for Dell’s technology and services. Emarat, Dell Technologies collaborate to accelerate AI-enabled transformation
• Positive Sentiment: Renewing Dell’s Team Liquid partnership could support Alienware’s gaming brand as it competes with HP and Corsair in premium PCs and peripherals. Can Team Liquid Partnership Strengthen DELL Against HPQ and CRSR?
• Neutral Sentiment: A covered-call strategy is being promoted as a way to generate substantial income from DELL shares, but it caps upside if the stock rises above the option strike and is not a change to Dell’s fundamentals. Own DELL Stock? Here Is How To Collect 21% a Year On It
• Negative Sentiment: An analyst downgraded Dell ahead of its second-quarter earnings preview, indicating concern that high expectations or valuation may limit further gains. I’m Downgrading Dell Ahead Of Q2 Earnings
• Negative Sentiment: Dell recently fell sharply even as the broader market advanced, highlighting elevated volatility and profit-taking risk after a major rally. Dell Technologies Stock Slides as Market Rises

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.