Dell Technologies Inc. $DELL Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 80.1% in the 1st quarter, HoldingsChannel reports. The firm owned 528,840 shares of the technology company’s stock after selling 2,125,222 shares during the quarter. Janus Henderson Group PLC’s holdings in Dell Technologies were worth $86,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. Brighton Jones LLC lifted its stake in shares of Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares during the period. Sivia Capital Partners LLC purchased a new position in Dell Technologies in the 2nd quarter valued at about $328,000. Marshall Wace LLP acquired a new stake in shares of Dell Technologies in the second quarter worth approximately $809,000. Gamco Investors INC. ET AL boosted its stake in Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in Dell Technologies by 147.2% during the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after acquiring an additional 34,538 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DELL has been the subject of several analyst reports. William Blair started coverage on Dell Technologies in a report on Monday, June 1st. They issued a “neutral” rating for the company. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Evercore reiterated an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, July 8th. Truist Financial increased their price objective on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Finally, Mizuho lifted their price target on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $494.67.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: AI infrastructure momentum supports the stock. Dell is benefiting from strong demand for AI servers, networking equipment and enterprise AI upgrades. A broader rebound in AI hardware stocks, following encouraging hyperscaler results, has added to the positive sentiment. Dell has also cited a potential $60 billion fiscal 2027 AI-server revenue opportunity and recently won an AI and high-performance-computing platform contract with Texas A&M Engineering Experiment Station. Dell Jumps as AI Infrastructure Trade Rebounds
• Positive Sentiment: Commercial PC demand is providing another growth driver. Corporate device-refresh activity and AI-capable PC upgrades are supporting Dell’s outlook, while the company’s recent earnings performance showed substantial revenue and earnings growth. Dell Technologies Rides on Commercial PC Demand: What’s Ahead?
• Positive Sentiment: Analyst expectations imply additional upside. The average analyst price target suggests approximately 25.2% potential appreciation, and recent agreement in raising earnings estimates is a more constructive signal than the target-price average alone. The median target reported for the past six months is $500, with several targets ranging from $477 to $550. Wall Street Analysts Think Dell Technologies Could Surge 25.21%
• Neutral Sentiment: Investor attention is elevated. Dell is among the stocks receiving significant attention from Zacks users, which may increase trading activity but does not by itself provide a fundamental valuation signal. Dell Technologies Is Attracting Investor Attention
• Negative Sentiment: Supply and profitability concerns could limit gains. Memory shortages may increase component costs, while intensifying competition and the mix shift toward AI systems could pressure margins despite strong demand. Dell Technologies Rides on Commercial PC Demand: What’s Ahead?
• Negative Sentiment: Insider selling is a cautionary signal. Reported open-market activity over the past six months shows numerous insider and affiliated-investor sales with no purchases, including sales by senior executives and large investment entities. The transactions may reflect diversification or planned selling, but they could weigh on sentiment.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the sale, the director owned 89,222 shares in the company, valued at approximately $40,465,745.88. This represents a 40.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $15,814,486.26. Following the sale, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683 over the last 90 days. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies Stock Up 0.2%

Shares of DELL stock opened at $405.73 on Friday. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $469.47. The stock’s 50-day moving average price is $405.04 and its 200 day moving average price is $248.68. The stock has a market capitalization of $262.96 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 0.86 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period last year, the firm posted $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. Analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, July 21st. 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.