39,499 Shares in Dell Technologies Inc. $DELL Acquired by Manning & Napier Advisors LLC

Key Points

• Manning & Napier Advisors acquired 39,499 Dell shares valued at approximately $17.0 million during the second quarter. Institutional investors and hedge funds collectively own 76.37% of the stock.
• Dell reported strong quarterly results, with $4.86 in adjusted EPS and $43.84 billion in revenue, representing 87.5% year-over-year growth. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $496.90.
• Despite bullish analyst sentiment and AI-driven demand, insiders sold approximately 3.43 million shares worth $1.45 billion over the past 90 days. Dell’s shares opened at $432.58, while the company’s quarterly dividend is $0.63 per share.

Manning & Napier Advisors LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 39,499 shares of the technology company's stock, valued at approximately $17,042,000.

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DELL. Raymond James Financial downgraded Dell Technologies from an "outperform" rating to a "market perform" rating in a research report on Friday, May 29th. Guggenheim upgraded Dell Technologies to a "buy" rating in a research note on Monday, June 1st. Jefferies Financial Group downgraded shares of Dell Technologies to a "hold" rating in a research report on Monday, June 1st. Bank of America increased their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Finally, Argus boosted their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the stock a "buy" 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, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $496.90.

Dell Technologies Trading Down 2.1%

Shares of NYSE:DELL opened at $432.58 on Tuesday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $514.00. The stock has a market capitalization of $280.36 billion, a P/E ratio of 34.36, a P/E/G ratio of 0.92 and a beta of 1.33. The business has a 50-day moving average price of $428.79 and a two-hundred day moving average price of $287.92.

Dell Technologies (NYSE:DELL - Get Free Report) last issued 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. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion during the quarter, compared to analysts' expectations of $35.74 billion. During the same quarter in the previous year, the company earned $1.55 EPS. Dell Technologies's revenue was up 87.5% on a year-over-year basis. 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. As a group, equities analysts predict that Dell Technologies Inc. will post 18.17 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies's dividend payout ratio is 20.02%.

Dell Technologies News Roundup

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

• Positive Sentiment: Analysts believe Dell’s upcoming earnings report could exceed already-high expectations. The company’s shares have risen about 235% this year, reflecting strong demand for AI servers and data-center equipment, with some analysts still seeing potential for further gains. Dell’s stock is up 235% this year — and earnings could propel it even higher, analysts say
• Positive Sentiment: Dell is being identified as a major beneficiary of the AI data-center spending boom. Its servers, rack-scale systems, networking products and cooling solutions position the company to capture continued infrastructure investment. Buy These 3 Pure-Play Server Stocks to Benefit From AI Data Center Boom
• Positive Sentiment: Dell’s expanded five-year partnership between its Alienware brand and esports organization Team Liquid may strengthen the company’s AI and high-performance-computing narrative. The collaboration provides real-world testing, product-development and content opportunities across gaming and training facilities. Is Dell Using Esports To Quietly Reposition Its AI Infrastructure Narrative?
• Neutral Sentiment: Recent commentary points to growing revenue from customers building data centers, a favorable mix shift for Dell. However, investors are awaiting a significant update, leaving the stock particularly sensitive to its earnings outlook and execution. Should You Buy Dell Stock Before the Huge Investor Update?
• Neutral Sentiment: Zacks characterizes Dell as a strong momentum stock and notes bullish Wall Street views, but these assessments largely reinforce existing sentiment rather than provide a new fundamental catalyst. Here's Why Dell Technologies Is a Strong Momentum Stock
• Negative Sentiment: News that Taiwanese prosecutors indicted employees linked to alleged illegal AI-server exports to China pressured AI-server stocks, including Dell. Although the allegations involve Super Micro Computer rather than Dell, the episode raises broader concerns about supply-chain controls, export compliance and regulatory risk across the sector. Super Micro Sinks 7% as Taiwan Indicts Employees Over Illegal AI Server Exports to China, Dell Slips

Insider Buying and Selling at Dell Technologies

In related news, 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 directly owned 24,287 shares of the company's stock, valued at $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares in the company, valued at $16,789,455.41. The trade was a 82.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,434,758 shares of company stock worth $1,448,870,683 over the last 90 days. 41.50% of the stock is owned by corporate insiders.

About Dell Technologies

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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