221,183 Shares in Dell Technologies Inc. $DELL Purchased by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. bought a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 221,183 shares of the technology company’s stock, valued at approximately $28,120,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Navalign LLC acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $29,000. WealthCollab LLC lifted its holdings in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the period. iA Global Asset Management Inc. acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $32,000. State of Wyoming acquired a new stake in shares of Dell Technologies during the second quarter worth about $33,000. Finally, Smithfield Trust Co lifted its holdings in shares of Dell Technologies by 92.9% during the fourth quarter. Smithfield Trust Co now owns 328 shares of the technology company’s stock worth $41,000 after purchasing an additional 158 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DELL. CLSA raised Dell Technologies to an “outperform” rating in a report on Friday. Evercore lifted their target price on Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday. Wolfe Research downgraded Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday. Piper Sandler boosted their price target on Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a report on Friday. Finally, Melius Research set a $565.00 price target 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 issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $421.00.

Insiders Place Their Bets

In other news, insider William F. Scannell sold 143,067 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares in the company, valued at $3,593,535. The trade was a 86.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Richard Troy Sharp sold 1,538 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $149.26, for a total value of $229,561.88. Following the completion of the sale, the chief accounting officer owned 8,030 shares of the company’s stock, valued at $1,198,557.80. This trade represents a 16.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 3,571,688 shares of company stock valued at $576,654,105. 41.50% of the stock is owned by insiders.

Dell Technologies News Summary

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

Dell Technologies Trading Up 32.8%

Shares of NYSE:DELL opened at $420.96 on Friday. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $429.15. The company has a market capitalization of $271.83 billion, a PE ratio of 33.44, a PEG ratio of 1.55 and a beta of 0.99. The business has a 50 day moving average of $216.82 and a two-hundred day moving average of $159.38.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 324.36% and a net margin of 6.28%.The company had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the company posted $1.55 earnings per share. Dell Technologies’s revenue for the quarter 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. Equities research analysts predict that Dell Technologies Inc. will post 12.21 earnings per share for the current fiscal year.

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.