Rockefeller Capital Management L.P. Has $33.18 Million Stock Holdings in Dell Technologies Inc. $DELL

Rockefeller Capital Management L.P. boosted its position in Dell Technologies Inc. (NYSE:DELL) by 27.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 263,564 shares of the technology company’s stock after acquiring an additional 56,203 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Dell Technologies were worth $33,178,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DELL. Campbell Capital Management Inc. grew its holdings in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after purchasing an additional 20,362 shares during the last quarter. ProShare Advisors LLC lifted its stake in Dell Technologies by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after purchasing an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Dell Technologies in the fourth quarter valued at approximately $23,332,000. Tectonic Advisors LLC acquired a new stake in Dell Technologies in the fourth quarter valued at approximately $5,620,000. Finally, B. Metzler seel. Sohn & Co. AG grew its stake in shares of Dell Technologies by 156.2% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 119,263 shares of the technology company’s stock worth $16,908,000 after buying an additional 72,712 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Stock Up 0.1%

NYSE DELL opened at $410.00 on Monday. The company has a market capitalization of $265.73 billion, a price-to-earnings ratio of 32.57, a PEG ratio of 0.88 and a beta of 1.30. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The stock has a fifty day simple moving average of $288.00 and a 200 day simple moving average of $189.02.

Dell Technologies (NYSE:DELL) last announced its 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. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the business earned $1.55 EPS. The business’s quarterly 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. Research analysts expect that Dell Technologies Inc. will post 17.6 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid 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 payout ratio is currently 20.02%.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s AI server and rack-scale infrastructure business continues to gain traction, with reports of major shipments and strong demand supporting the growth narrative.
• Positive Sentiment: Market commentary continues to view Dell as a top AI and enterprise infrastructure play, reinforcing investor interest in the stock.
• Positive Sentiment: Coverage noting Michael Dell’s rising wealth underscores how strongly the shares have performed and helped keep sentiment upbeat.
• Neutral Sentiment: Dell’s newly announced quarterly dividend supports the stock’s income profile, but it is not the main driver of the move.
• Negative Sentiment: Recent insider selling by executives and directors may create some near-term caution around valuation and sentiment.
• Negative Sentiment: Some investors are questioning whether Dell’s premium valuation leaves less room for upside after a sharp run.

Insiders Place Their Bets

In other Dell Technologies news, Director David W. Dorman sold 41,292 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $405.89, for a total transaction of $16,760,009.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 34,257 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $13,809,681.84. Following the transaction, the director owned 91,809 shares of the company’s stock, valued at approximately $37,010,044.08. The trade was a 27.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,873,252 shares of company stock valued at $1,391,926,654 over the last three months. Insiders own 41.50% of the company’s stock.

Wall Street Analysts Forecast Growth

DELL has been the subject of a number of research reports. Royal Bank Of Canada began coverage on Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating for the company. Loop Capital upped their target price on Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 29th. UBS Group set a $700.00 target price on Dell Technologies in a research report on Friday, May 29th. Raymond James Financial lowered Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, May 29th. Finally, Truist Financial upped their price objective on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $475.76.

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.