Dell Technologies Inc. $DELL Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 353.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 109,877 shares of the technology company’s stock after buying an additional 85,627 shares during the quarter. Intech Investment Management LLC’s holdings in Dell Technologies were worth $13,831,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DELL. Providence Capital Advisors LLC purchased a new stake in shares of Dell Technologies in the third quarter valued at $7,060,000. Campbell Capital Management Inc. lifted its holdings in shares of Dell Technologies by 34.0% in 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 in the last quarter. Lingohr Asset Management GmbH lifted its holdings in shares of Dell Technologies by 733.9% in the third quarter. Lingohr Asset Management GmbH now owns 58,898 shares of the technology company’s stock valued at $8,320,000 after purchasing an additional 51,835 shares in the last quarter. ProShare Advisors LLC lifted its holdings 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 purchasing an additional 7,642 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in shares of Dell Technologies by 54.3% in the third quarter. Prospera Financial Services Inc now owns 41,492 shares of the technology company’s stock valued at $5,886,000 after purchasing an additional 14,604 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Trading Up 32.8%

NYSE DELL opened at $420.96 on Friday. Dell Technologies Inc. has a 1-year low of $106.38 and a 1-year high of $429.15. The company has a market capitalization of $271.83 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 1.16 and a beta of 0.99. The firm’s fifty day simple moving average is $216.82 and its 200-day simple moving average is $159.38.

Dell Technologies (NYSE:DELL) last posted 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 $3.04 by $1.82. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The business had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the prior year, the business posted $1.55 earnings per share. Dell Technologies’s revenue for the quarter 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, analysts predict that Dell Technologies Inc. will post 12.21 EPS for the current year.

Analyst Ratings Changes

DELL has been the subject of a number of research analyst reports. Daiwa Securities Group increased their target price on Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Evercore increased their target price on Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a report on Friday. UBS Group set a $700.00 target price on Dell Technologies in a report on Friday. Melius Research set a $565.00 target price on Dell Technologies in a report on Friday. Finally, Truist Financial upped their price target on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $421.00.

Insiders Place Their Bets

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the transaction, the director directly owned 65,662 shares of the company’s stock, valued at $9,529,526.06. This represents a 69.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,571,688 shares of company stock worth $576,654,105 over the last ninety days. 41.50% of the stock is currently owned by company insiders.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

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.