National Pension Service Increases Stock Position in Dell Technologies Inc. $DELL

National Pension Service boosted its stake in Dell Technologies Inc. (NYSE:DELL) by 2.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 803,983 shares of the technology company’s stock after buying an additional 17,762 shares during the quarter. National Pension Service’s holdings in Dell Technologies were worth $101,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Providence Capital Advisors LLC purchased a new stake in Dell Technologies in the third quarter valued at $7,060,000. Campbell Capital Management Inc. raised its holdings in shares of Dell Technologies by 34.0% in the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after buying an additional 20,362 shares during the last quarter. Lingohr Asset Management GmbH raised its holdings in shares of Dell Technologies by 733.9% in the third quarter. Lingohr Asset Management GmbH now owns 58,898 shares of the technology company’s stock valued at $8,320,000 after buying an additional 51,835 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Dell Technologies by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after buying an additional 7,642 shares during the last quarter. Finally, Prospera Financial Services Inc raised its holdings in shares of Dell Technologies by 54.3% in the third quarter. Prospera Financial Services Inc now owns 41,492 shares of the technology company’s stock valued at $5,886,000 after buying an additional 14,604 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 32.8%

NYSE DELL opened at $420.96 on Friday. The stock has a market capitalization of $271.83 billion, a P/E ratio of 33.44, a P/E/G ratio of 1.16 and a beta of 0.99. Dell Technologies Inc. has a 52-week low of $106.38 and a 52-week high of $429.15. The firm has a 50-day moving average price of $216.82 and a 200 day moving average price of $159.38.

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, topping the consensus estimate of $3.04 by $1.82. The firm had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The firm’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same period in the prior year, the company 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 research analysts expect that Dell Technologies Inc. will post 12.21 earnings per share for the current fiscal year.

Key Headlines Impacting Dell Technologies

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

Insider Activity

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the transaction, the director directly owned 65,662 shares in the company, 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 can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,571,688 shares of company stock valued at $576,654,105 over the last three months. 41.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of research reports. HSBC raised shares of Dell Technologies to a “buy” rating in a report on Friday. Argus upped their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday. Barclays cut shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a report on Friday. JPMorgan Chase & Co. upped their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a report on Friday. Finally, Daiwa Securities Group upped their target price on shares of Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $421.00.

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.