HighTower Advisors LLC Raises Stock Position in Dell Technologies Inc. $DELL

Key Points

• HighTower Advisors LLC increased its stake in Dell Technologies by 9.3% in the fourth quarter, adding 19,148 shares to bring its total holding to 224,344 shares worth about $28.24 million.
• Wall Street sentiment is bullish, with several analysts raising price targets ahead of Dell’s May 28 earnings report as investors expect strong results and continued AI-driven demand.
• Dell’s stock has surged to near-record highs, opening at $294.97 and trading up 16.7%, while the company also reported solid prior-quarter earnings and recently increased its quarterly dividend to $0.63 per share.

HighTower Advisors LLC grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 9.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 224,344 shares of the technology company's stock after buying an additional 19,148 shares during the period. HighTower Advisors LLC's holdings in Dell Technologies were worth $28,240,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in DELL. Navalign LLC purchased a new position in shares of Dell Technologies in the 4th quarter worth $29,000. WealthCollab LLC grew its stake 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 buying an additional 114 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in shares of Dell Technologies in the 4th quarter worth $32,000. State of Wyoming purchased a new position in shares of Dell Technologies in the 2nd quarter worth $33,000. Finally, Westside Investment Management Inc. grew its stake in shares of Dell Technologies by 35.8% in the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company's stock worth $43,000 after buying an additional 78 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dell Technologies

In related news, CAO Richard Troy Sharp sold 1,538 shares of Dell Technologies stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $149.26, for a total transaction of $229,561.88. Following the completion of the sale, the chief accounting officer owned 8,030 shares in the company, valued at $1,198,557.80. This trade represents a 16.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of Dell Technologies stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.81, for a total transaction of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,571,688 shares of company stock worth $576,654,105 over the last ninety days. 42.00% of the stock is currently owned by company insiders.

Key Dell Technologies News

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

• Positive Sentiment: Analysts expect Dell to beat fiscal first-quarter estimates, with upbeat revisions and higher price targets adding to the stock’s rally ahead of earnings on May 28. Dell stock rallies as analysts show love ahead of Q1 earnings
• Positive Sentiment: AI demand remains a major catalyst, with Dell’s server backlog and revenue targets pointing to strong growth in enterprise and hyperscale AI infrastructure. Dell's AI Data Center Expansion Gains Pace: What Lies Ahead?
• Positive Sentiment: The shares hit a fresh record and 52-week high as investors continue to re-rate Dell higher on the strength of its AI story ahead of earnings. Dell Stock Surges to Fresh Record Ahead of Earnings Next Week
• Positive Sentiment: Heavy call-option activity suggests traders are positioning for more upside into the earnings report. Dell Technologies Stock Hits 52-Week High - Here's Why
• Neutral Sentiment: Dell also announced that an Infrastructure Solutions Group executive will present at a June investor conference, keeping the company in focus with investors but not changing near-term fundamentals. Dell Technologies to Present at Investor Conference in June
• Neutral Sentiment: Most of the recent coverage is centered on upcoming earnings and AI momentum, so the stock’s move is still largely driven by expectations rather than confirmed results. Dell Stock Leads the S&P 500 Today. Next Week's Earnings Could Send It Higher.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on DELL shares. Bank of America raised their target price on shares of Dell Technologies from $246.00 to $280.00 and gave the stock a "buy" rating in a report on Monday, May 18th. JPMorgan Chase & Co. raised their target price on shares of Dell Technologies from $205.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. Wall Street Zen lowered shares of Dell Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 16th. The Goldman Sachs Group raised their target price on shares of Dell Technologies from $215.00 to $230.00 in a report on Thursday, April 30th. Finally, Raymond James Financial raised their target price on shares of Dell Technologies from $166.00 to $182.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $211.32.

Dell Technologies Trading Up 16.7%

Dell Technologies stock opened at $294.97 on Friday. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $298.32. The firm has a 50-day moving average price of $199.13 and a 200-day moving average price of $153.21. The firm has a market capitalization of $190.48 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 0.95 and a beta of 0.99.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, beating analysts' consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same quarter last year, the business posted $2.68 EPS. The firm's revenue for the quarter was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, sell-side analysts predict that Dell Technologies Inc. will post 11.87 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, April 21st. This is a positive change from Dell Technologies's previous quarterly dividend of $0.53. Dell Technologies's dividend payout ratio (DPR) is 28.90%.

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.

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