Dell Technologies Inc. $DELL Shares Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. increased its holdings in Dell Technologies Inc. (NYSE:DELL) by 169.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,842 shares of the technology company’s stock after purchasing an additional 6,189 shares during the period. United Asset Strategies Inc.’s holdings in Dell Technologies were worth $5,295,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Wellington Management Group LLP lifted its position in shares of Dell Technologies by 140.1% in the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after buying an additional 1,474,347 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake 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 acquiring an additional 337,836 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Dell Technologies by 70.2% in the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock valued at $118,432,000 after acquiring an additional 297,500 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Dell Technologies by 73.4% in the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock valued at $71,946,000 after acquiring an additional 185,527 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the business’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the transaction, the director owned 1,404,569 shares of the company’s stock, valued at approximately $823,639,261.60. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Egon Durban sold 1,850 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the transaction, the director owned 1,405,236 shares of the company’s stock, valued at approximately $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,819,650 shares of company stock valued at $991,183,596 in the last ninety days. Company insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Barclays cut Dell Technologies from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $603.00 to $574.00 in a research report on Wednesday, October 14th. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. Daiwa Securities Group boosted their price objective on shares of Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. Finally, Citigroup upped 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell’s AI server business remains the primary bullish catalyst. The company reportedly exited its July quarter with a record $95 billion AI server backlog, while storage growth and upward earnings-estimate revisions are strengthening its position in enterprise infrastructure. Everpure vs. Dell: Which Data Storage Stock is the Better Buy Now?
• Positive Sentiment: The company expanded its cybersecurity and resilience offerings for AI environments, including security for AI infrastructure, identity platforms and storage. New AI PCs and post-quantum cryptography capabilities could broaden Dell’s addressable market and improve its competitive standing against Cisco and Hewlett Packard Enterprise. Dell Technologies Strengthens Cybersecurity and Resilience Across AI Environments
• Positive Sentiment: Investors are preparing for Dell’s upcoming quarterly report, with analysts anticipating triple-digit year-over-year EPS growth. Earlier results also showed strong execution, including revenue growth of 57.7% and an EPS beat. What You Need to Know Ahead of Dell Technologies’ Earnings Release

Dell Technologies Stock Performance

NYSE DELL opened at $475.81 on Friday. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $595.51. The stock has a market capitalization of $302.52 billion, a PE ratio of 27.62, a P/E/G ratio of 0.51 and a beta of 1.37. The stock has a 50-day simple moving average of $513.95 and a 200 day simple moving average of $328.78.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate 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 firm’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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, equities research analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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 issued a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. Dell Technologies’s payout ratio is 14.63%.

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.