Whitaker Myers Wealth Managers LTD. Purchases Shares of 5,663 Dell Technologies Inc. $DELL

Key Points

• Whitaker Myers Wealth Managers acquired 5,663 Dell Technologies shares worth approximately $2.44 million, while institutional investors and hedge funds collectively own 76.37% of the stock.
• Dell reported strong quarterly results, with EPS of $4.86 beating estimates by $1.90 and revenue rising 87.5% year over year to $43.84 billion. The company also maintains a quarterly dividend of $0.63 per share.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $494.67, though valuation concerns and substantial insider selling create potential near-term risks.

Whitaker Myers Wealth Managers LTD. acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,663 shares of the technology company's stock, valued at approximately $2,443,000.

Other hedge funds have also modified their holdings of the company. Ariadne Wealth Management LP grew its stake in shares of Dell Technologies by 1.6% during the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company's stock valued at $508,000 after buying an additional 49 shares during the period. Bell Investment Advisors Inc raised its position in shares of Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company's stock worth $53,000 after buying an additional 52 shares during the period. Vectors Research Management LLC boosted its holdings in Dell Technologies by 0.4% in the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company's stock valued at $2,404,000 after acquiring an additional 55 shares during the last quarter. Raleigh Capital Management Inc. grew its position in Dell Technologies by 6.9% during the first quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company's stock valued at $171,000 after acquiring an additional 67 shares during the period. Finally, Equitable Trust Co. increased its stake in Dell Technologies by 2.9% during the first quarter. Equitable Trust Co. now owns 2,506 shares of the technology company's stock worth $411,000 after acquiring an additional 71 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $453.71 on Friday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $485.70. The company has a market capitalization of $294.05 billion, a PE ratio of 36.04, a P/E/G ratio of 0.97 and a beta of 1.33. The business has a 50-day moving average of $417.22 and a 200-day moving average of $260.25.

Dell Technologies (NYSE:DELL - Get Free Report) last released 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 negative return on equity of 366.90% and a net margin of 6.28%.The business had revenue of $43.84 billion for the quarter, compared to analysts' expectations of $35.74 billion. During the same quarter in the previous year, the firm posted $1.55 earnings per share. The company's revenue was up 87.5% compared to the same quarter last year. 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, equities analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. 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 (DPR) is presently 20.02%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Morgan Stanley lifted their price objective on Dell Technologies from $448.00 to $477.00 and gave the company an "equal weight" rating in a research note on Tuesday, June 23rd. Wall Street Zen upgraded shares of Dell Technologies from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 30th. Wells Fargo & Company lifted their price target on shares of Dell Technologies from $270.00 to $505.00 and gave the company an "overweight" rating in a research report on Friday, May 29th. Jefferies Financial Group downgraded shares of Dell Technologies to a "hold" rating in a research note on Monday, June 1st. Finally, Guggenheim raised shares of Dell Technologies to a "buy" rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dell Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $494.67.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 shares of the firm's stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction 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 trade represents a 40.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the business's stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the completion of the sale, the director directly owned 43,961 shares of the company's stock, valued at $19,938,071.94. The trade was a 44.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,434,758 shares of company stock worth $1,448,870,683 over the last three months. 41.50% of the stock is owned by corporate insiders.

Dell Technologies News Roundup

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

• Positive Sentiment: Investors continue to point to Dell’s AI-server momentum, including reported contract wins tied to the Volta AI factory and Texas A&M’s IGNITE platform. The company’s latest results also showed record revenue, strong AI-optimized server sales and a substantial AI order pipeline. Dell Technologies Could Be 4% Below Fair Value on AI Infrastructure Wins
• Positive Sentiment: Analyst sentiment remains broadly favorable, with recent price targets generally above the current trading range and a reported median target of $500. Optimism centers on enterprise IT spending and demand for AI servers, while partnerships with Nvidia, AMD and Microsoft reinforce Dell’s competitive positioning. Is Dell Technologies a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A broader view from Barchart argues that Dell’s long-term growth opportunity remains intact despite its major rally, citing rising enterprise technology spending as a foundation for further expansion. After a 250% Rally, Dell Stock Still Has Room to Run
• Neutral Sentiment: Dell’s collaboration with Nokia and Nvidia on AI-powered radio access networks and future 6G connectivity adds strategic visibility, although the initiative is primarily a Nokia-focused announcement and its direct financial impact on Dell is not yet clear. Nokia Launches AI RAN Platform
• Negative Sentiment: Seeking Alpha downgraded Dell, arguing that the business is strong but the stock is now fully valued following its steep advance. This valuation concern could encourage profit-taking near the stock’s highs. Dell: Great Business, Full Price
• Negative Sentiment: Weakness in a major AI-server peer triggered a sector-wide reassessment, pressuring Dell on concerns that AI hardware demand or near-term orders could disappoint. Dell’s next earnings report is scheduled for September 3, leaving the stock sensitive to peer results and industry commentary. Dell Slips as Peer Earnings Pressure AI Server Trade
• Negative Sentiment: Investor’s Business Daily highlighted a failed breakout and discussed exiting the trade, signaling short-term technical risk after Dell’s rapid run-up. Extensive recent insider selling may add to concerns about profit-taking, even though it does not necessarily indicate deteriorating fundamentals. Exiting Gracefully on Opening Bell Disasters

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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