Dell Technologies Inc. $DELL Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC decreased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 3.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,469 shares of the technology company’s stock after selling 1,334 shares during the quarter. Dell Technologies comprises approximately 1.3% of Royal Fund Management LLC’s investment portfolio, making the stock its 9th biggest holding. Royal Fund Management LLC’s holdings in Dell Technologies were worth $17,467,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DELL. Bank of America Corp DE raised its position in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Wellington Management Group LLP grew its position in shares of Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock valued at $350,288,000 after purchasing an additional 337,836 shares during the period. NewEdge Advisors LLC increased its stake in Dell Technologies by 5.0% during the 2nd quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock worth $207,355,000 after purchasing an additional 22,924 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock worth $157,869,000 after buying an additional 27,668 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Stock Performance

Shares of Dell Technologies stock opened at $452.14 on Friday. The business’s 50 day simple moving average is $514.10 and its 200 day simple moving average is $403.17. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51. The firm has a market cap of $287.48 billion, a PE ratio of 26.24, a P/E/G ratio of 0.50 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last released its quarterly 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 firm had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business’s revenue was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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, equities research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

Key Dell Technologies News

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

• Positive Sentiment: Dell expanded its AI Factory with NVIDIA, adding enterprise agentic-AI solutions for deskside and data-center deployments. Dell said its customer base for the platform has grown to more than 6,500, up from 5,000 the prior quarter, supporting expectations for continued AI-server demand. Dell Technologies Advances Enterprise Agentic AI from the Deskside to Data Center with NVIDIA
• Positive Sentiment: Super Micro Computer’s stronger preliminary outlook provided fresh evidence of robust enterprise demand for AI infrastructure and temporarily lifted Dell and other server makers. Super Micro raised its quarterly revenue outlook by roughly $4 billion at the midpoint and increased its gross-margin forecast. Why are Dell and HPE stocks rising in premarket trading on Wednesday?
• Positive Sentiment: Dell reportedly raised its dividend by 20% for the fourth consecutive year, reinforcing its shareholder-return profile. Dell Technologies raises its dividend 20% for the fourth year running
• Neutral Sentiment: Dell announced that General Counsel Richard Rothberg will retire in 2027 and Christopher Garcia will succeed him. The planned transition is unlikely to materially affect near-term earnings but adds a management-change consideration. Dell Technologies Announces General Counsel Transition
• Negative Sentiment: Profit-taking and a broader technology-sector sell-off pressured Dell after its recent rally. Investors also focused on supply-chain concerns that could limit the company’s ability to fulfill AI-server orders or constrain margins. Dell Stock Drops in Tech Sell-Off
• Negative Sentiment: Analyst downgrades affecting Dell and Hewlett Packard Enterprise, partly tied to concerns about heavily leveraged neocloud customers such as CoreWeave, raised questions about the durability of AI infrastructure spending. Dell’s valuation also leaves the stock more exposed to profit-taking if growth expectations moderate. Dell Stock Got Hit by a Downgrade

Analysts Set New Price Targets

DELL has been the topic of a number of research reports. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target on the stock in a research note on Wednesday, September 2nd. Citigroup upped their price target on shares of Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Bank of America increased their price objective on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Susquehanna restated a “positive” rating on shares of Dell Technologies in a report on Tuesday, September 29th. Finally, Royal Bank Of Canada started coverage on shares of Dell Technologies in a research report on Thursday, September 10th. They issued an “outperform” rating and a $640.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

Insiders Place Their Bets

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 44,408 shares of Dell Technologies stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the sale, the director directly owned 43,740 shares in the company, valued at approximately $25,469,802. The trade was a 50.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the business’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the sale, the director directly owned 1,404,569 shares in the company, valued at $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,817,628 shares of company stock valued at $990,253,476 over the last 90 days. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.