Arizona State Retirement System Has $36.06 Million Holdings in Dell Technologies Inc. $DELL

Arizona State Retirement System reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 3.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 83,586 shares of the technology company’s stock after selling 3,328 shares during the period. Arizona State Retirement System’s holdings in Dell Technologies were worth $36,064,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the stock. Commonwealth Retirement Investments LLC purchased a new stake in Dell Technologies in the 4th quarter worth about $25,000. Rossby Financial LCC boosted its position in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares during the period. Cornerstone Financial Management LLC increased its stake in shares of Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares in the last quarter. Navalign LLC bought a new stake in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies during the 4th quarter valued at approximately $29,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Up 1.7%

Shares of DELL traded up $9.13 during mid-day trading on Tuesday, reaching $533.27. 6,649,771 shares of the stock traded hands, compared to its average volume of 8,365,311. The company has a market cap of $345.62 billion, a price-to-earnings ratio of 30.95, a price-to-earnings-growth ratio of 0.54 and a beta of 1.34. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $538.47. The firm has a fifty day moving average price of $441.51 and a 200 day moving average price of $313.17.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter last year, the business posted $1.70 earnings per share. The firm’s revenue was up 57.7% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Roth Capital assumed coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued a “buy” rating for the company. Raymond James Financial raised their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Truist Financial boosted their price objective on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a report on Thursday, September 3rd. They set a “hold” rating and a $480.00 price objective on the stock. Finally, Royal Bank Of Canada initiated coverage on Dell Technologies in a report on Friday, May 29th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $553.79.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Exceptional earnings and AI demand: Dell reported quarterly revenue of $46.97 billion, ahead of the $44.89 billion consensus estimate, while adjusted earnings per share of $7.04 exceeded expectations by $2.13. Revenue rose 57.7% year over year, and reported AI infrastructure backlog reached approximately $95 billion. The results prompted analysts to raise price targets. Dell Technologies Stock Soars as AI Revenue and Earnings Crush Forecasts
• Positive Sentiment: On-premises AI positioning: Recent coverage argues that Dell is benefiting from an overlooked enterprise trend: companies are purchasing servers, storage and networking equipment to run AI workloads in their own data centers. This expands Dell’s opportunity beyond traditional PCs and strengthens the case that its AI growth can persist. Dell’s latest reinvention reveals the AI buildout on-premise
• Positive Sentiment: Investor and index support: Wall Street commentary describes Dell as a leading alternative to higher-valued AI stocks, while its strong earnings growth and momentum have attracted institutional buyers. Dell’s addition to the S&P 100 may also increase visibility and create potential demand from index-tracking funds. Dell and HPE Posted Record Revenue
• Positive Sentiment: Broader product opportunities: Dell is expanding its consumer PC lineup with the lower-priced 14S laptop as consumer revenue improves. The company is also collaborating with Texas A&M on AI-enabled experiential learning, supporting its commercial and education ecosystem. DELL Expands Consumer PC Reach
• Neutral Sentiment: Near-term risks: After a substantial rally, valuation and profit-taking could increase volatility. Dell also faces competition from HP and Apple in PCs, while investors will monitor whether its AI backlog converts into revenue and expanding margins. Cautious markets, higher bond yields and fund outflows could temporarily limit further gains.

Insider Activity

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 63,204 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $410.52, for a total value of $25,946,506.08. Following the completion of the transaction, the director owned 30,167 shares of the company’s stock, valued at $12,384,156.84. The trade was a 67.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 72,854 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $427.15, for a total transaction of $31,119,586.10. Following the completion of the transaction, the director directly owned 46,192 shares in the company, valued at $19,730,912.80. The trade was a 61.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,124,788 shares of company stock valued at $459,356,512 in the last three months. 41.50% of the stock is owned by insiders.

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.