Dell Technologies Inc. $DELL Position Boosted by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 12.8% during the 3rd quarter, Holdings Channel reports. The firm owned 54,152 shares of the technology company’s stock after purchasing an additional 6,150 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Dell Technologies were worth $29,220,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of DELL. Third View Private Wealth LLC lifted its stake in Dell Technologies by 3.6% in the 3rd quarter. Third View Private Wealth LLC now owns 898 shares of the technology company’s stock valued at $483,000 after buying an additional 31 shares in the last quarter. Provenance Wealth Advisors LLC grew its holdings in Dell Technologies by 409.9% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 4,961 shares of the technology company’s stock valued at $2,669,000 after buying an additional 3,988 shares during the last quarter. Lyell Wealth Management LP increased its position in Dell Technologies by 2.6% during the third quarter. Lyell Wealth Management LP now owns 38,827 shares of the technology company’s stock worth $20,887,000 after buying an additional 992 shares in the last quarter. Putney Financial Group LLC increased its position in Dell Technologies by 3.9% during the third quarter. Putney Financial Group LLC now owns 1,782 shares of the technology company’s stock worth $959,000 after buying an additional 67 shares in the last quarter. Finally, Integrity Advisory Solutions LLC acquired a new position in shares of Dell Technologies in the third quarter worth $269,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 1,404,569 shares of the company’s stock, valued at $823,639,261.60. This represents a 0.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Egon Durban sold 1,850 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was 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 in the company, valued at approximately $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,819,650 shares of company stock worth $991,183,596 in the last quarter. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies Stock Up 3.9%

Shares of Dell Technologies stock opened at $408.18 on Wednesday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The firm has a market cap of $259.53 billion, a PE ratio of 23.69, a P/E/G ratio of 0.41 and a beta of 1.45. The business’s fifty day moving average is $512.25 and its two-hundred day moving average is $333.10.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations 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 last year, the firm earned $1.70 earnings per share. 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. Equities research analysts anticipate 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 was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio is 14.63%.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell introduced cybersecurity and resilience capabilities for AI environments, including quantum-safe encryption and identity-resilience tools. The offerings aim to address security needs for customers running critical AI workloads. Dell Technologies Unveiled New Cybersecurity Tools For AI Environments
• Positive Sentiment: Dell and CrowdStrike announced integrated security for Dell’s AI Factory with NVIDIA, extending CrowdStrike protection across AI infrastructure, workloads, agents, and applications. The partnership could strengthen Dell’s enterprise AI offering. CrowdStrike and Dell Announce Integrated AI Security
• Positive Sentiment: AI-server stocks bounced after a steep decline, lifting Dell alongside peers. Another report described Dell as a relatively inexpensive AI stock, citing a forward earnings multiple of about 13 times; this may have encouraged bargain-seeking investors. AI Server Stocks Bounce Dell: A Top Cheap AI Stock
• Neutral Sentiment: A separate analysis highlighted Dell’s revenue growth, free-cash-flow generation, and reported $95 billion backlog as potential longer-term supports, though these points have not removed near-term concerns about demand and margins. Dell Technologies vs. Intel
• Negative Sentiment: Recent weakness reflects worries that rising memory prices and tight supply could constrain PC demand. An investor cited Dell’s sharply higher inventory as evidence that chip supply may be catching up with demand, while a trading article noted the stock had recently reached a two-month low. Dell Inventory and Chip Supply Bearish Dell Options Trade

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Morgan Stanley upped their price objective on Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research report on Monday, September 21st. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. Daiwa Securities Group upped their target price on shares of Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a report on Friday, September 18th. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Mizuho lifted their price target on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $569.96.

About Dell Technologies

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.