New Mexico Educational Retirement Board Purchases 1,100 Shares of Dell Technologies Inc. $DELL

New Mexico Educational Retirement Board lifted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 8.0% during the second quarter, Holdings Channel reports. The institutional investor owned 14,800 shares of the technology company’s stock after purchasing an additional 1,100 shares during the period. New Mexico Educational Retirement Board’s holdings in Dell Technologies were worth $6,386,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ProShare Advisors LLC lifted its holdings in Dell Technologies by 10.5% during the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after acquiring an additional 7,642 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $23,332,000. Plato Investment Management Ltd bought a new position in shares of Dell Technologies during the 2nd quarter valued at about $5,913,000. Gabelli Funds LLC grew its position in shares of Dell Technologies by 49.0% in the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares during the period. Finally, MUFG Securities EMEA plc raised its holdings in Dell Technologies by 112.9% during the 4th quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock worth $1,555,000 after buying an additional 6,553 shares during the period. Institutional investors own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on DELL. Raymond James Financial cut shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. The Goldman Sachs Group upped their price target on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Citigroup boosted their price objective on shares of Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Argus increased their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, CLSA upgraded shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $485.24.

Dell Technologies Stock Down 3.6%

Shares of Dell Technologies stock opened at $455.22 on Friday. The stock has a market cap of $295.03 billion, a P/E ratio of 36.16, a P/E/G ratio of 0.98 and a beta of 1.33. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $514.00. The business’s 50 day moving average is $432.75 and its 200-day moving average is $296.29.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same period last year, the business earned $1.55 earnings per share. The firm’s revenue was up 87.5% on a year-over-year basis. On average, sell-side analysts expect that Dell Technologies Inc. will post 18.32 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 20.02%.

Key Dell Technologies News

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

• Positive Sentiment: AI demand is driving bullish expectations. Dell reportedly has a record $51.3 billion AI-server backlog, while continued data-center investment is supporting Infrastructure Solutions Group growth. Analysts expect roughly $44 billion-$45 billion in quarterly revenue and more than 100% year-over-year EPS growth. Dell AI Server Backlog
• Positive Sentiment: Recent execution supports investor optimism. Dell’s prior quarter substantially exceeded consensus estimates, and analysts see potential for another earnings beat and raised outlook. The stock has also shown relative strength and remains close to its recent high. Dell Prior Earnings Beat
• Neutral Sentiment: Large post-earnings volatility is expected. Options-market pricing indicates traders anticipate a meaningful move following the earnings release. This could benefit the stock if results exceed elevated expectations, but it also raises downside risk if guidance disappoints. Expected Dell Earnings Move
• Negative Sentiment: Tariff concerns are weighing on the shares. Possible semiconductor tariffs affecting servers and PCs have prompted caution because higher component costs could pressure demand and profitability. Dell Tariff Concerns
• Negative Sentiment: Capacity and margin risks remain. Dell may be unable to build AI servers quickly enough, while supply constraints, pricing pressure and the relatively low margins of high-volume server sales could limit the earnings benefit from strong demand. Dell Server Capacity Risks

Insiders Place Their Bets

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $438.21, for a total value of $886,060.62. Following the completion of the sale, the director owned 25,267 shares in the company, valued at $11,072,252.07. The trade was a 7.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the completion of the transaction, the director directly owned 89,222 shares of the company’s stock, valued at $40,465,745.88. This represents a 40.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,436,780 shares of company stock worth $1,449,756,744 in the last quarter. Insiders own 41.50% 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.