Viawealth LLC Has $1.09 Million Holdings in Dell Technologies Inc. $DELL

Viawealth LLC cut its position in shares of Dell Technologies Inc. (NYSE:DELL) by 29.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,641 shares of the technology company’s stock after selling 3,610 shares during the quarter. Viawealth LLC’s holdings in Dell Technologies were worth $1,088,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Dell Technologies during the fourth quarter worth $607,349,000. Coyle Financial Counsel LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth $879,000. Cornerstone Select Advisors LLC increased its position in shares of Dell Technologies by 7.3% during the fourth quarter. Cornerstone Select Advisors LLC now owns 8,097 shares of the technology company’s stock worth $1,019,000 after buying an additional 550 shares during the period. Acorn Wealth Advisors LLC increased its position in shares of Dell Technologies by 57.9% during the fourth quarter. Acorn Wealth Advisors LLC now owns 4,258 shares of the technology company’s stock worth $536,000 after buying an additional 1,562 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Dell Technologies during the fourth quarter worth $28,120,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DELL shares. Zacks Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. Mizuho raised their price target on shares of Dell Technologies from $215.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Wells Fargo & Company raised their price target on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Piper Sandler raised their price target on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $421.00.

Dell Technologies News Summary

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

Insider Transactions at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total transaction of $74,883,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction dated 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 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 SEC filing for this sale provides additional information. Insiders have sold 3,571,688 shares of company stock valued at $576,654,105 over the last quarter. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Trading Up 32.8%

NYSE:DELL opened at $420.96 on Friday. The stock has a market capitalization of $271.83 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 1.16 and a beta of 0.99. The firm has a fifty day simple moving average of $216.82 and a two-hundred day simple moving average of $159.38. Dell Technologies Inc. has a 12 month low of $106.38 and a 12 month high of $429.15.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $1.82. The firm had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The business’s revenue was up 87.5% on a year-over-year basis. During the same period last year, the company 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. Equities analysts predict that Dell Technologies Inc. will post 12.21 earnings per share for the current fiscal year.

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.