Cidel Asset Management Inc. Makes New Investment in Dell Technologies Inc. $DELL

Cidel Asset Management Inc. purchased a new stake in Dell Technologies Inc. (NYSE:DELL) in the 1st quarter, Holdings Channel.com reports. The firm purchased 1,638 shares of the technology company’s stock, valued at approximately $269,000.

Other institutional investors have also modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Dell Technologies during the fourth quarter valued at approximately $25,000. Rossby Financial LCC lifted its holdings in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in Dell Technologies during the 4th quarter valued at approximately $29,000. Navalign LLC bought a new position in Dell Technologies during the 4th quarter worth $29,000. Finally, WealthCollab LLC grew its stake in Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Performance

Shares of DELL stock opened at $409.54 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The firm has a market capitalization of $265.43 billion, a PE ratio of 32.53, a price-to-earnings-growth ratio of 0.92 and a beta of 1.30. The stock has a fifty day moving average of $307.11 and a two-hundred day moving average of $197.06.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 87.5% compared to the same quarter last year. 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 research analysts predict that Dell Technologies Inc. will post 17.84 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DELL. Citigroup assumed coverage on Dell Technologies in a research note on Monday, June 1st. They issued an “outperform” rating on the stock. Royal Bank Of Canada began coverage on shares of Dell Technologies in a research report on Friday, May 29th. They set an “outperform” rating for the company. Jefferies Financial Group downgraded shares of Dell Technologies to a “hold” rating in a research report on Monday, June 1st. Truist Financial boosted their target price on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Finally, Piper Sandler upped their target price on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report 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 issued a Sell rating to the company. Based on data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $490.38.

Dell Technologies News Summary

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

• Positive Sentiment: Dell continues to benefit from strong AI infrastructure demand, with recent coverage highlighting a record AI backlog, new NVIDIA-based server launches, and the company’s push deeper into rack-scale AI systems. Dell (DELL) Launches PowerEdge XE8812 To Push Deeper Into Rack Scale AI
• Positive Sentiment: Several analysts and market commentators still view Dell as a leading AI infrastructure name, pointing to strong earnings, raised price targets, and continued upside potential from enterprise AI spending. Dell Benefits From Expanding AI Portfolio: Is the Stock a Must-Have?
• Positive Sentiment: Investor sentiment remains supported by Dell’s recent earnings beat and year-over-year revenue growth, which reinforced the idea that AI server demand is still driving the company’s results. Dell Technologies Stock (DELL) Opinions on Q1 Earnings Results
• Neutral Sentiment: Dell also announced a director share sale under a pre-arranged 10b5-1 plan, which is routine but can still add some pressure on sentiment. Director Lynn Vojvodich Radakovich stock sale
• Negative Sentiment: GF Securities downgraded Dell to Hold, citing stretched valuation and potential market share risks ahead, and that downgrade appears to be a key reason the stock is falling today. Dell (DELL) Shares Tumble Over 5% Following Analyst Downgrade to Hold
• Negative Sentiment: Broader commentary that investors should favor chip stocks over hyperscalers until AI payback becomes clearer may also be weighing on sentiment around Dell’s valuation after its big rally. Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear

Insider Activity at Dell Technologies

In related news, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $403.12, for a total transaction of $8,100,696.40. Following the transaction, the director owned 50,381 shares in the company, valued at $20,309,588.72. This trade represents a 28.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 12,022 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $421.00, for a total value of $5,061,262.00. Following the sale, the director directly owned 25,267 shares in the company, valued at approximately $10,637,407. The trade was a 32.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,885,274 shares of company stock worth $1,396,987,916 in the last three months. Insiders own 41.50% of the company’s stock.

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.