Dell Technologies Inc. $DELL Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its holdings in Dell Technologies Inc. (NYSE:DELL) by 38.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,709 shares of the technology company’s stock after selling 15,385 shares during the quarter. Pacer Advisors Inc.’s holdings in Dell Technologies were worth $3,110,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the fourth quarter worth $25,000. Rossby Financial LCC lifted its holdings in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies during the 4th quarter worth $29,000. Navalign LLC purchased a new stake in Dell Technologies during the 4th quarter worth $29,000. Finally, WealthCollab LLC increased its holdings in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $427.89 on Wednesday. The business has a 50-day moving average of $297.73 and a 200-day moving average of $193.08. The company has a market capitalization of $277.32 billion, a PE ratio of 33.99, a P/E/G ratio of 0.90 and a beta of 1.30. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.55 earnings per share. 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. On average, equities analysts expect that Dell Technologies Inc. will post 17.6 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s dividend payout ratio is presently 20.02%.

Insiders Place Their Bets

In other news, COO Jeffrey W. Clarke sold 116,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the sale, the chief operating officer owned 1,687,414 shares of the company’s stock, valued at approximately $307,919,306.72. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the sale, the director owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This trade represents a 88.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,873,252 shares of company stock valued at $1,391,926,654. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Dell launched the PowerEdge XE8812 server and broadened its AI Factory with NVIDIA, reinforcing its position in high-demand AI and HPC infrastructure. 144 GPUs per rack: Dell launches new server for massive supercomputing tasks
• Positive Sentiment: Morgan Stanley raised its price target on Dell to $477 from $448, signaling continued Wall Street confidence in the company’s upside potential. Morgan Stanley raises price target on Dell Technologies to 477 from 448, keeps equalweight rating
• Positive Sentiment: Analysts and industry coverage continue to highlight Dell as a momentum stock benefiting from strong AI server demand and a large backlog tied to enterprise and sovereign AI projects. Why Dell Technologies (DELL) is a top momentum stock for the long term
• Neutral Sentiment: An IDC–Dell study found 96% of Indian government leaders are advancing sovereign AI strategies, which supports the long-term demand narrative for Dell’s infrastructure offerings. IDC–Dell study: 96% of Indian government leaders advancing sovereign AI strategy
• Neutral Sentiment: Broader commentary from the server market points to rapidly growing AI infrastructure spending, which is helping lift Dell along with peers in the compute hardware space. Morgan Stanley lifts server market TAM to 809B, boosts targets on compute stocks

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. The Goldman Sachs Group boosted their price objective on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Morgan Stanley increased their target price on Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a research note on Tuesday. Piper Sandler boosted their price target on Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Evercore upped their price target on Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Finally, Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $490.38.

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.