Knights of Columbus Asset Advisors LLC Takes $705,000 Position in Dell Technologies Inc. $DELL

Knights of Columbus Asset Advisors LLC bought a new stake in shares of Dell Technologies Inc. (NYSE:DELL) during the fourth quarter, HoldingsChannel reports. The firm bought 5,599 shares of the technology company’s stock, valued at approximately $705,000.

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC raised its position 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 worth $347,000 after purchasing an additional 901 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Dell Technologies in the 2nd quarter worth about $328,000. Marshall Wace LLP purchased a new position in shares of Dell Technologies in the 2nd quarter worth about $809,000. Gamco Investors INC. ET AL raised its position in shares of Dell Technologies by 30.2% in 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 raised its position in shares of Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

Analyst Upgrades and Downgrades

DELL has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings upgraded Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 15th. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. Citigroup lifted their price objective on Dell Technologies from $290.00 to $475.00 and gave the stock a “buy” rating in a report on Friday. Finally, Melius Research set a $565.00 price objective on Dell Technologies in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have assigned a Hold rating and one has issued 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 $421.00.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. This represents a 86.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total transaction of $67,541,420.00. The disclosure for this sale is available in the SEC filing. Insiders sold 3,571,688 shares of company stock valued at $576,654,105 in the last quarter. Insiders own 41.50% of the company’s stock.

Dell Technologies Trading Up 32.8%

DELL opened at $420.96 on Friday. The company has a market cap of $271.83 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 1.16 and a beta of 0.99. The company’s 50 day moving average is $216.82 and its 200 day moving average is $159.38. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $429.15.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $1.82. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter last year, the firm posted $1.55 earnings per share. The firm’s revenue was up 87.5% compared to the same quarter last year. 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 predict that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.

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.