Venturi Wealth Management LLC Takes $295,000 Position in Dell Technologies Inc. $DELL

Venturi Wealth Management LLC bought a new position in Dell Technologies Inc. (NYSE:DELL) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,800 shares of the technology company’s stock, valued at approximately $295,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DELL. Campbell Capital Management Inc. increased its stake in Dell Technologies by 34.0% during the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after acquiring an additional 20,362 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of Dell Technologies by 10.5% in the 4th 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 during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Dell Technologies during the 4th quarter worth $23,332,000. Tectonic Advisors LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth about $5,620,000. Finally, B. Metzler seel. Sohn & Co. AG raised its holdings in Dell Technologies by 156.2% in the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 119,263 shares of the technology company’s stock valued at $16,908,000 after buying an additional 72,712 shares during the period. 76.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on DELL. Sanford C. Bernstein increased their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. The Goldman Sachs Group boosted their target price on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, June 1st. UBS Group set a $700.00 price target on Dell Technologies in a research report on Friday, May 29th. Melius Research set a $565.00 price objective on Dell Technologies in a research note on Friday, May 29th. Finally, Citigroup started coverage on Dell Technologies in a report on Monday, June 1st. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $490.38.

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 39,537 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $403.12, for a total value of $15,938,155.44. Following the completion of the sale, the director owned 69,916 shares in the company, valued at $28,184,537.92. This trade represents a 36.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of Dell Technologies stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $403.12, for a total value of $8,100,696.40. Following the completion of the sale, the director owned 50,381 shares in the company, valued at approximately $20,309,588.72. This trade represents a 28.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,885,274 shares of company stock valued at $1,396,987,916. Corporate insiders own 41.50% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Several recent articles highlight Dell as a beneficiary of accelerating demand for big data and AI infrastructure, especially in enterprise and data-center use cases, reinforcing the market’s bullish view of its server and storage business. Top Big Data Stocks Powering the Future of Data-Driven AI
• Positive Sentiment: Dell also won shareholder approval to move its legal domicile from Delaware to Texas, which management says better matches the company’s long-standing headquarters and may be viewed as a governance simplification. Dell (DELL) Wins Shareholder Backing To Move Its Legal Home To Texas
• Neutral Sentiment: News that Nasdaq and NYSE will ring the opening bell from the Oval Office to promote Trump Accounts does not appear specific to Dell’s fundamentals, so it is unlikely to have a meaningful stock impact. Nasdaq, NYSE to Ring Bell From Oval Office, Tout Trump Accounts
• Negative Sentiment: GF Securities downgraded Dell after an almost 200% run since February, suggesting valuation concerns after the stock’s strong move higher, even though the firm acknowledged Dell’s record quarter and rapid AI server growth. After a Nearly 200% Run Since February, GF Securities Downgraded Dell Shares. Don’t Count DELL Stock Out Just Yet.

Dell Technologies Stock Up 3.7%

Shares of Dell Technologies stock opened at $414.26 on Tuesday. The firm has a market capitalization of $268.49 billion, a P/E ratio of 32.90, a P/E/G ratio of 0.85 and a beta of 1.30. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47. The firm’s 50 day moving average is $315.88 and its two-hundred day moving average is $200.80.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the previous year, the business 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, research analysts expect that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Dell Technologies 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.