Y Intercept Hong Kong Ltd Purchases 42,458 Shares of Dell Technologies Inc. $DELL

by · The Markets Daily

Y Intercept Hong Kong Ltd raised its position in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 1,458.0% during the first quarter, HoldingsChannel.com reports. The fund owned 45,370 shares of the technology company’s stock after buying an additional 42,458 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Dell Technologies were worth $7,447,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Dell Technologies by 50.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 76,506 shares of the technology company’s stock valued at $12,557,000 after purchasing an additional 25,750 shares during the period. Elevation Point Wealth Partners LLC grew its stake in Dell Technologies by 389.1% during the first quarter. Elevation Point Wealth Partners LLC now owns 21,177 shares of the technology company’s stock worth $3,476,000 after purchasing an additional 16,847 shares during the period. Platform Technology Partners bought a new stake in Dell Technologies in the first quarter worth approximately $219,000. Sound Income Strategies LLC lifted its stake in Dell Technologies by 18.5% in the first quarter. Sound Income Strategies LLC now owns 577 shares of the technology company’s stock valued at $98,000 after buying an additional 90 shares during the period. Finally, Keybank National Association OH lifted its stake in Dell Technologies by 18.6% in the first quarter. Keybank National Association OH now owns 12,600 shares of the technology company’s stock valued at $2,068,000 after buying an additional 1,979 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DELL shares. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Sanford C. Bernstein raised their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Loop Capital lifted their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, Jefferies Financial Group cut shares of Dell Technologies to a “hold” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $490.38.

Check Out Our Latest Stock Report on DELL

More Dell Technologies News

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

  • Positive Sentiment: Dell’s Infrastructure Solutions Group is still benefiting from surging AI server demand, with a $51.3 billion backlog and an ongoing infrastructure refresh cycle supporting the company’s fiscal 2027 outlook. Article Title
  • Positive Sentiment: Dell is also seeing international manufacturing and local AI demand tailwinds, with reports that most servers are now made in India as demand rises in that market. Article Title
  • Neutral Sentiment: Coverage from Dell Technologies World highlighted the company’s Microsoft partnership and hybrid-cloud positioning, reinforcing the long-term AI and enterprise infrastructure narrative. Article Title
  • Neutral Sentiment: Some commentary says Dell has run up too far, too fast, suggesting the stock may be vulnerable after its sharp rally. Article Title
  • Negative Sentiment: Several pieces point to profit-taking and a downgrade, with analysts warning that Dell’s valuation may be stretched and that investors may want to lock in gains. Article Title
  • Negative Sentiment: Dell shares also fell as AI-linked stocks sold off broadly on fears that chip demand tied to the AI boom could be cooling, which weighed on the stock despite its business-specific strength. Article Title

Insider Activity at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 34,257 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $403.12, for a total value of $13,809,681.84. Following the sale, the director owned 91,809 shares in the company, valued at $37,010,044.08. This represents a 27.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lynn Vojvodich Radakovich sold 12,022 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $421.00, for a total transaction of $5,061,262.00. Following the completion of the transaction, the director directly owned 25,267 shares in the company, valued at approximately $10,637,407. The trade was a 32.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,901,953 shares of company stock valued at $1,403,598,971 over the last quarter. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Stock Down 0.0%

Shares of NYSE:DELL opened at $394.29 on Friday. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The stock’s 50 day moving average is $332.26 and its 200-day moving average is $208.05. The firm has a market capitalization of $255.54 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 0.84 and a beta of 1.31.

Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.55 EPS. 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. Equities research analysts anticipate that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Dell Technologies Profile

(Free Report)

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.

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