Cumberland Partners Ltd Buys 43,980 Shares of Dell Technologies Inc. $DELL

Cumberland Partners Ltd grew its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 314.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 57,980 shares of the technology company’s stock after acquiring an additional 43,980 shares during the quarter. Cumberland Partners Ltd’s holdings in Dell Technologies were worth $7,299,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Navalign LLC bought a new stake in shares of Dell Technologies during the 4th quarter valued at $29,000. WealthCollab LLC lifted its position in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the last quarter. iA Global Asset Management Inc. bought a new stake in shares of Dell Technologies during the 4th quarter worth $32,000. State of Wyoming bought a new stake in shares of Dell Technologies during the 2nd quarter worth $33,000. Finally, Westside Investment Management Inc. lifted its position in shares of Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after buying an additional 78 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on DELL. Barclays upped their price objective on Dell Technologies from $148.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Truist Financial began coverage on Dell Technologies in a research report on Tuesday, March 31st. They set a “hold” rating and a $170.00 price objective for the company. Mizuho upped their price objective on Dell Technologies from $215.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Morgan Stanley upgraded Dell Technologies from an “underweight” rating to a “buy” rating in a research report on Friday. Finally, Wall Street Zen downgraded Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.32.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analysts expect Dell to beat fiscal first-quarter estimates, with upbeat revisions and higher price targets adding to the stock’s rally ahead of earnings on May 28. Dell stock rallies as analysts show love ahead of Q1 earnings
• Positive Sentiment: AI demand remains a major catalyst, with Dell’s server backlog and revenue targets pointing to strong growth in enterprise and hyperscale AI infrastructure. Dell’s AI Data Center Expansion Gains Pace: What Lies Ahead?
• Positive Sentiment: The shares hit a fresh record and 52-week high as investors continue to re-rate Dell higher on the strength of its AI story ahead of earnings. Dell Stock Surges to Fresh Record Ahead of Earnings Next Week
• Positive Sentiment: Heavy call-option activity suggests traders are positioning for more upside into the earnings report. Dell Technologies Stock Hits 52-Week High – Here’s Why
• Neutral Sentiment: Dell also announced that an Infrastructure Solutions Group executive will present at a June investor conference, keeping the company in focus with investors but not changing near-term fundamentals. Dell Technologies to Present at Investor Conference in June
• Neutral Sentiment: Most of the recent coverage is centered on upcoming earnings and AI momentum, so the stock’s move is still largely driven by expectations rather than confirmed results. Dell Stock Leads the S&P 500 Today. Next Week’s Earnings Could Send It Higher.

Dell Technologies Stock Up 16.7%

Shares of DELL opened at $294.97 on Friday. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $298.32. The business has a 50-day simple moving average of $199.13 and a two-hundred day simple moving average of $153.21. The stock has a market cap of $190.48 billion, a PE ratio of 33.83, a PEG ratio of 0.95 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the prior year, the firm earned $2.68 EPS. The business’s revenue for the quarter was up 39.5% compared to the same quarter last year. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, equities research analysts expect that Dell Technologies Inc. will post 11.87 EPS for the current year.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, April 21st. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s payout ratio is currently 28.90%.

Insider Transactions at Dell Technologies

In other news, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $145.13, for a total value of $21,819,714.98. Following the completion of the sale, the director owned 65,662 shares of the company’s stock, valued at approximately $9,529,526.06. This represents a 69.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,571,688 shares of company stock valued at $576,654,105. Insiders own 42.00% of the company’s stock.

Dell Technologies Company 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.