Sumitomo Mitsui DS Asset Management Company Ltd Acquires 571 Shares of Dell Technologies Inc. (NYSE:DELL)

04 Jul 2025, 04:54 by Doug Wharley · The Cerbat Gem

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Dell Technologies Inc. (NYSE:DELL – Free Report) by 1.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,518 shares of the technology company’s stock after buying an additional 571 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Dell Technologies were worth $3,329,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Tortoise Investment Management LLC increased its stake in shares of Dell Technologies by 23.0% during the fourth quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company’s stock worth $62,000 after purchasing an additional 100 shares during the period. Vanguard Capital Wealth Advisors increased its stake in shares of Dell Technologies by 5.9% during the fourth quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company’s stock worth $207,000 after purchasing an additional 100 shares during the period. HBK Sorce Advisory LLC increased its stake in shares of Dell Technologies by 6.3% during the fourth quarter. HBK Sorce Advisory LLC now owns 1,999 shares of the technology company’s stock worth $230,000 after purchasing an additional 118 shares during the period. Mesirow Financial Investment Management Inc. increased its stake in shares of Dell Technologies by 5.5% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,359 shares of the technology company’s stock worth $272,000 after purchasing an additional 124 shares during the period. Finally, Crowley Wealth Management Inc. increased its stake in shares of Dell Technologies by 86.2% during the first quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company’s stock worth $30,000 after purchasing an additional 150 shares during the period. Institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other news, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $126.20, for a total value of $78,875,000.00. Following the completion of the transaction, the director directly owned 960,050 shares in the company, valued at approximately $121,158,310. This represents a 39.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the completion of the transaction, the chief executive officer owned 25,912,241 shares of the company’s stock, valued at $3,168,289,707.07. The trade was a 27.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,113,977 shares of company stock worth $1,471,321,229 in the last ninety days. Insiders own 42.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DELL. Raymond James Financial increased their target price on Dell Technologies from $144.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, May 30th. TD Cowen increased their target price on Dell Technologies from $120.00 to $125.00 and gave the stock a “hold” rating in a research note on Friday, May 30th. Mizuho increased their target price on Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, May 19th. Evercore ISI reissued an “outperform” rating on shares of Dell Technologies in a research report on Thursday, May 29th. Finally, Wall Street Zen downgraded Dell Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 28th. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.00.

View Our Latest Analysis on DELL

Dell Technologies Stock Performance

Shares of DELL stock opened at $125.05 on Friday. The stock’s fifty day moving average price is $110.36 and its two-hundred day moving average price is $105.28. The company has a market cap of $84.89 billion, a PE ratio of 19.94, a P/E/G ratio of 1.14 and a beta of 1.02. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $150.23.

Dell Technologies (NYSE:DELL – Get Free Report) last issued its earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.13). The business had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.27 EPS. On average, equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Tuesday, July 22nd. Dell Technologies’s payout ratio is 33.49%.

Dell Technologies Company Profile

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