Zacks Investment Management Adds $4M in Dell Technologies Inc. ($DELL)
Zacks Investment Management raised its holdings in Dell Technologies by 12.53%, adding 8,504 shares.
Key Points
- Zacks Investment Management increased its position in Dell Technologies by 12.53%, adding 8,504 shares, bringing its total to 76,387 shares valued at $32.9 million as of the latest 13F filing.
- Shares of NYSE:DELL traded near $430.73 on Wednesday, with a market cap of $270.5 billion and a P/E ratio of 33.42.
- Insider transactions at Dell included sales by executives in June 2026, and analysts from firms like Goldman Sachs maintained buy ratings with targets around $500.
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Zacks Investment Management has increased its stake in Dell Technologies Inc. (NYSE:DELL) by 12.53% during its latest reporting period. The fund added 8,504 shares, bringing its total holdings to 76,387 shares valued at approximately $32.9 million. This information comes from the latest Form 13F filing with the SEC, reflecting the fund's position as of the end of the quarter.
Zacks Investment Management vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Zacks Investment Management's Dell Technologies Position
Zacks Investment Management boosted its holdings in Dell Technologies from 67,883 shares to 76,387 shares, with an increase of 8,504 shares. This change represents a 12.53% increase in its stake, with the total value of the position now at $32.9 million.
Other Institutional Activity in Dell Technologies
Several other major funds made changes to their Dell Technologies holdings. BlackRock, Inc. reduced its position by 514,877 shares, ending with 24,749,402 shares worth about $4.06 billion, a 2% decrease. Vanguard Capital Management LLC opened a new position with 19,436,711 shares, valued at $3.19 billion. Bank of America Corp added 1,011,101 shares, bringing its total to 14,394,835 shares, a 7.6% increase worth $2.36 billion. Invesco Ltd. increased its holdings by 1,613,660 shares, a 22.1% increase, resulting in 8,914,668 shares valued at $1.46 billion.
Dell Technologies Inc. Stock Down 5.6%
Shares of NYSE:DELL traded near $430.73 on Wednesday. Dell Technologies has a market cap of approximately $270.5 billion, a P/E ratio of 33.42, and a forward P/E of 19.61. The stock's beta is 1.378, indicating moderate volatility compared to the market. Over the past year, the stock has ranged from a low of $110.22 to a high of $469.47. The 50-day moving average is $282.33, while the 200-day moving average is $173.61.
$DELL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Dell Technologies reported revenue of $134 billion, with a growth rate of 0.875%. The company achieved a net margin of 6.28% and an EPS of $12.53. Investors can expect the next earnings release on September 3, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
12 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 62.1%. Revenue beat estimates by 21.3%.
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Profit surprise
EBITDA beat by 10 percent. Operating income beat by 32 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
2 upgrades, 12 target raises.
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Earnings quality
Gross margin down 3.4 points. Operating margin up 3.4 points. Positive free cash flow.
Earnings Call Summary
Dell had a strong quarter with record revenue of twenty nine point eight billion dollars, up nineteen percent, driven by exceptional AI server demand. They shipped eight point two billion dollars in AI servers and have an eleven point seven billion dollar backlog. Management expects margins to improve in the second half as the AI business scales and traditional server and storage mix improves, while operating expenses continue declining.
Guidance Dell raised full year revenue guidance to one hundred seven billion dollars, up twelve percent. They now expect AI server shipments of twenty billion dollars for the year, up five billion from prior guidance. Third quarter revenue should reach twenty seven billion dollars, up eleven percent. They expect full year earnings per share of nine dollars and fifty five cents, up seventeen percent.
Clearly positive report. Results were better than expected, though the forward reset is not the strongest.
Dividend
Dell Technologies pays an annual dividend of $2.52 per share, yielding 0.62% with a payout ratio of 17.57%.
Insider Buying and Selling at Dell Technologies Inc.
Recent insider activity at Dell Technologies shows several executives selling shares. On June 17, 2026, Chief Human Resources Officer Jennifer Saavedra sold 50 shares. Chief Marketing Officer Jane Tunnell sold 519 shares on June 16, 2026, and an additional 5,879 shares on June 15, 2026, at an average price of $395.57. General Counsel Richard Rothberg sold 20,000 shares on June 15, 2026, at $410 per share.
Analysts Set New Price Targets
On June 23, 2026, Morgan Stanley maintained a hold rating on Dell Technologies with a price target of $477. Earlier in June, Goldman Sachs, Mizuho, and Bernstein all maintained buy ratings with a target of $500. Barclays also maintained a buy rating with a target of $550 on May 29, 2026. The consensus recommendation is a buy, with an average target price of $483.83 based on 23 analyst opinions.
About Dell Technologies Inc.
Dell Technologies Inc., headquartered in Round Rock, Texas, is a leading provider of computer hardware and software solutions. The company operates through its Infrastructure Solutions Group and Client Solutions Group, offering a wide range of products from servers and storage systems to laptops and desktops. Dell serves various sectors, including enterprise, government, education, and healthcare, under the leadership of CEO Michael Dell.
Bottom Line
Zacks Investment Management's recent increase in its Dell Technologies stake reflects growing confidence in the company's prospects. Investors closely watch these filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not reflect current positions. Dell's strong market performance and positive analyst outlook suggest continued interest in the stock.
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