Dell Technologies Inc. $DELL Shares Bought by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. lifted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 12.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 12,405 shares of the technology company’s stock after acquiring an additional 1,400 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Dell Technologies were worth $5,352,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Vigilare Wealth Management bought a new position in Dell Technologies in the 2nd quarter worth about $620,000. RDA Financial Network acquired a new stake in shares of Dell Technologies in the second quarter valued at approximately $227,000. Hilltop National Bank boosted its position in shares of Dell Technologies by 3.4% during the second quarter. Hilltop National Bank now owns 6,996 shares of the technology company’s stock worth $3,018,000 after buying an additional 228 shares during the period. Eastern Bank grew its holdings in Dell Technologies by 3.0% in the 2nd quarter. Eastern Bank now owns 4,494 shares of the technology company’s stock worth $1,939,000 after buying an additional 132 shares in the last quarter. Finally, VectorGlobal IAG Inc. acquired a new stake in Dell Technologies in the 1st quarter valued at approximately $244,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Truist Financial boosted their price target on Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Raymond James Financial cut shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research report on Friday, May 29th. They issued an “outperform” rating for the company. Sanford C. Bernstein upped their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, Jefferies Financial Group lowered shares of Dell Technologies to a “hold” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $494.67.

More Dell Technologies News

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

• Positive Sentiment: Record backlogs, partnerships with leading chipmakers and surging demand for AI servers are supporting expectations for continued revenue and earnings growth. The combination of strong fundamentals and a relatively attractive valuation is strengthening the bullish case. Dell: Record Backlogs & Surging AI Server Demand
• Positive Sentiment: Dell benefited from a broad rally in AI-server stocks, alongside Super Micro Computer and Hewlett Packard Enterprise, as investors embraced a risk-on move in technology despite the absence of a specific company announcement. Dell and Super Micro Rally as AI Server Stocks Surge
• Positive Sentiment: D&H Distributing expanded its Dell offering to include the complete Dell storage portfolio, potentially broadening channel access for Dell’s storage products. D&H Distributing Expands Dell Offering
• Positive Sentiment: Michael Dell participated in Volta Infra’s $300 million funding round and its additional $5 billion financing plan. The investment increases Dell leadership’s exposure to the expanding AI-cloud ecosystem and could support strategic relationships around AI-chip infrastructure. Nvidia, Dell Back AI Cloud Startup Volta
• Positive Sentiment: Analysts and momentum-focused investors are highlighting Dell’s relative technical strength, rising profit estimates and proximity to a potential buy point ahead of its next earnings report. Dell Leaps Amid AI Server Demand Surge
• Neutral Sentiment: Marketwide strength also helped Dell, with the Dow Jones Industrial Average and S&P 500 reaching records, making it difficult to separate company-specific buying from broader momentum. Stock Market Today: Dow and S&P 500 Hit New Highs
• Negative Sentiment: One analyst cautioned that new competitors could pressure one of Dell’s largest growth engines, creating a risk that intensifying competition may reduce future AI-server growth or margins. Analyst Makes Bold Dell Call Ahead of Earnings

Dell Technologies Price Performance

DELL stock opened at $467.96 on Wednesday. The firm has a market cap of $303.29 billion, a PE ratio of 37.17, a P/E/G ratio of 0.92 and a beta of 1.33. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $476.90. The firm has a 50 day simple moving average of $410.97 and a 200 day simple moving average of $254.22.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the prior year, the company earned $1.55 earnings per share. The firm’s revenue was up 87.5% on a year-over-year basis. 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, sell-side analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. Dell Technologies’s payout ratio is 20.02%.

Insider Buying and Selling

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

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.