KMG Fiduciary Partners LLC Sells 27,832 Shares of Dell Technologies Inc. $DELL

Key Points

• KMG Fiduciary Partners cut its Dell stake by 97.2% in the second quarter, selling 27,832 shares and retaining 790 shares valued at approximately $341,000.
• Dell reported strong quarterly results, with revenue up 87.5% year over year to $43.84 billion and EPS of $4.86, well above the $2.96 analyst consensus. AI server demand, a record backlog and expanded distribution remain key growth drivers.
• Wall Street maintains a generally positive view, with a “Moderate Buy” consensus and an average price target of $492.43, although analysts disagree on valuation. Institutional investors own 76.37% of Dell, while insiders have sold more than $1.4 billion in shares over the past 90 days.

KMG Fiduciary Partners LLC cut its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 97.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 790 shares of the technology company's stock after selling 27,832 shares during the quarter. KMG Fiduciary Partners LLC's holdings in Dell Technologies were worth $341,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Dell Technologies by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company's stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the period. State Street Corp lifted its holdings in shares of Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company's stock valued at $1,852,450,000 after buying an additional 265,740 shares during the period. Bank of America Corp DE boosted its stake in shares of Dell Technologies by 7.6% in the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after buying an additional 1,011,101 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Dell Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock worth $939,808,000 after acquiring an additional 108,011 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company's stock worth $919,051,000 after acquiring an additional 2,445,854 shares during the period. Institutional investors own 76.37% of the company's stock.

Dell Technologies News Summary

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

• Positive Sentiment: Expanded distribution could improve sales reach. Dell expanded its partnership with D&H Distributing, which is now authorized to sell Dell’s full storage and server portfolio across the United States and Canada. The broader reseller network could increase access to Dell’s datacenter and infrastructure products, including AI-related systems. What Does Dell Technologies Full North America Distribution Reach Mean?
• Positive Sentiment: AI server demand remains the main growth catalyst. Recent coverage highlights Dell’s strong AI server demand, record backlog and ongoing server refresh cycle. Dell has also benefited from broader strength in AI server stocks, reinforcing expectations that data-center spending can support revenue growth. AI Server Stocks Advance
• Neutral Sentiment: Analysts disagree on valuation. One analysis argues Dell may be undervalued based on discounted-cash-flow and earnings-based estimates, while another says the stock is expensive at a premium multiple despite its growth outlook. This valuation debate may make investors more sensitive to interest rates, earnings execution and forward guidance. DELL Is Overvalued: Should You Still Buy the Stock?
• Negative Sentiment: Macro conditions pressured the stock. Technology and other growth sectors weakened as investors awaited inflation data that could influence interest-rate expectations. Higher oil prices and the resulting risk of persistent inflation also created a less favorable backdrop for high-multiple stocks.

Wall Street Analyst Weigh In

DELL has been the topic of a number of recent research reports. Sanford C. Bernstein increased their target price on Dell Technologies from $280.00 to $500.00 and gave the company an "outperform" rating in a report on Friday, May 29th. Jefferies Financial Group lowered shares of Dell Technologies to a "hold" rating in a research report on Monday, June 1st. Evercore reiterated an "outperform" rating on shares of Dell Technologies in a research note on Wednesday, July 8th. Wolfe Research downgraded shares of Dell Technologies from a "peer perform" rating to a "peer perform" rating in a report on Friday, May 29th. Finally, William Blair began coverage on shares of Dell Technologies in a research report on Monday, June 1st. They set a "neutral" rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $492.43.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 175,901 shares of the company's stock in a transaction that occurred on 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. This represents a 82.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the sale, the director owned 24,287 shares in the company, valued at $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,434,758 shares of company stock worth $1,448,870,683 in the last ninety days. Insiders own 41.50% of the company's stock.

Dell Technologies Stock Performance

NYSE DELL opened at $440.54 on Wednesday. The business's fifty day moving average is $417.18 and its 200 day moving average is $265.98. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $485.70. The company has a market capitalization of $285.52 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.33.

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 analysts' consensus estimates 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 business had revenue of $43.84 billion during the quarter, compared to analysts' expectations of $35.74 billion. During the same quarter in the prior year, the business posted $1.55 earnings per share. The business's quarterly 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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders 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 dividend on an annualized basis and a yield of 0.6%. Dell Technologies's dividend payout ratio (DPR) is presently 20.02%.

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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