Johnson Bixby & Associates LLC Acquires 1,199 Shares of Dell Technologies Inc. $DELL

Johnson Bixby & Associates LLC acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the 3rd quarter, HoldingsChannel reports. The fund acquired 1,199 shares of the technology company’s stock, valued at approximately $645,000.

Other hedge funds also recently added to or reduced their stakes in the company. Noble Wealth Management PBC boosted its holdings in Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after purchasing an additional 25 shares during the period. Cornerstone Financial Management LLC raised its holdings in Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares during the period. Premier Financial Group acquired a new stake in shares of Dell Technologies in the second quarter worth $34,000. Byrne Asset Management LLC acquired a new position in shares of Dell Technologies in the second quarter worth $38,000. Finally, Retirement Wealth Solutions LLC raised its holdings in Dell Technologies by 41.3% during the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock valued at $48,000 after buying an additional 26 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Stock Performance

Shares of NYSE DELL opened at $506.21 on Thursday. The stock has a market capitalization of $321.85 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 0.59 and a beta of 1.37. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The stock has a 50 day moving average price of $513.95 and a 200 day moving average price of $390.78.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The firm’s revenue was up 57.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.70 EPS. 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. As a group, research analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders 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 is presently 14.63%.

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the sale, the director directly owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,817,628 shares of company stock valued at $990,253,476 over the last ninety days. Insiders own 41.50% of the company’s stock.

More Dell Technologies News

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

• Positive Sentiment: Dell’s AI infrastructure opportunity remains substantial. CEO Michael Dell said strong AI demand could keep memory and chip supplies constrained through 2029 or 2030, supporting long-term demand for Dell’s servers and related systems. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
• Positive Sentiment: Dell and Honeywell launched Forge Cognition, an AI platform for buildings and industrial operations that uses Dell infrastructure and NVIDIA technology. The partnership provides another potential enterprise-AI channel beyond hyperscale data centers. Honeywell Launches Forge Cognition AI Platform With Nvidia and Dell Technologies
• Neutral Sentiment: Silver Lake-related entities disclosed several October 9 sales of Dell shares totaling roughly $70 million. Although the transactions reduced some positions materially, the filings show the entities continued to hold significant stakes; the sales may reflect portfolio management rather than a fundamental change in Dell’s outlook. SEC ownership filing
• Negative Sentiment: Barclays downgraded Dell, Hewlett Packard Enterprise and NetApp to Equal Weight from Overweight, arguing that valuations had risen too far and that there was not yet a meaningful enterprise-AI growth inflection. Barclays also lowered its Dell price target to $574, pressuring the stock after its substantial rally. Dell stock plunges after Barclays downgrade
• Negative Sentiment: Investors are questioning whether Dell’s AI-server backlog reflects durable end demand or is being inflated by high memory and component prices. The shift toward AI-optimized systems may also weigh on margins, increasing the risk that revenue growth will not translate proportionally into earnings. Why Dell’s stock was one of the S&P 500’s biggest laggards
• Negative Sentiment: A hotter inflation report weighed on high-growth technology stocks by raising the prospect of tighter Federal Reserve policy. That macro pressure intensified the sector-wide retreat in AI-related shares, including Dell. AI stocks drop after hot inflation report

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DELL shares. Mizuho boosted their price objective on Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 6th. Citigroup raised their price objective on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Wells Fargo & Company increased their price objective on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Melius Research boosted their price objective on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Truist Financial lifted their price target on shares of Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Dell Technologies Company Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.