Kensington Investment Counsel LLC Increases Holdings in Dell Technologies Inc. $DELL

Kensington Investment Counsel LLC boosted its position in Dell Technologies Inc. (NYSE:DELL) by 17.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,075 shares of the technology company’s stock after buying an additional 2,594 shares during the quarter. Dell Technologies makes up about 1.3% of Kensington Investment Counsel LLC’s holdings, making the stock its 28th largest position. Kensington Investment Counsel LLC’s holdings in Dell Technologies were worth $2,803,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DELL. Lodge Hill Capital LLC bought a new position in shares of Dell Technologies in the first quarter valued at approximately $19,696,000. Centaurus Financial Inc. grew its position in Dell Technologies by 79.1% during the first quarter. Centaurus Financial Inc. now owns 18,336 shares of the technology company’s stock valued at $3,009,000 after acquiring an additional 8,100 shares during the last quarter. Bull Harbor Capital LLC bought a new position in shares of Dell Technologies during the first quarter valued at about $262,000. Smith Group Asset Management LLC bought a new stake in Dell Technologies in the first quarter valued at approximately $246,000. Finally, MSA Advisors LLC purchased a new position in shares of Dell Technologies in the first quarter valued at about $242,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Key Headlines 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

Insider Buying and Selling

In related news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. This represents a 44.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,434,758 shares of company stock worth $1,448,870,683 in the last three months. Company insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Melius Research set a $565.00 target price on Dell Technologies in a report on Friday, May 29th. Piper Sandler lifted their price target on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Truist Financial upped their target price on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a report on Friday, May 29th. UBS Group set a $700.00 price target on Dell Technologies in a report on Friday, May 29th. Finally, Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. One investment 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $494.67.

Dell Technologies Stock Down 5.7%

NYSE:DELL opened at $369.63 on Thursday. The stock has a market capitalization of $239.56 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 0.84 and a beta of 1.31. The firm has a 50 day moving average of $399.79 and a 200 day moving average of $245.57. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. The business 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 business’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, analysts expect that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a dividend of $0.63 per share. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. Dell Technologies’s payout ratio is presently 20.02%.

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.