1,775 Shares in Dell Technologies Inc. $DELL Acquired by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,775 shares of the technology company’s stock, valued at approximately $759,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DELL. Norges Bank purchased a new position in shares of Dell Technologies in the fourth quarter worth $607,349,000. Wellington Management Group LLP increased its position in shares of Dell Technologies by 4,279.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after acquiring an additional 2,937,137 shares during the period. Invesco Ltd. raised its stake in Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after acquiring an additional 2,445,854 shares during the last quarter. Michael & Susan Dell Foundation lifted its position in Dell Technologies by 533.3% during the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after acquiring an additional 2,258,797 shares during the period. Finally, AQR Capital Management LLC lifted its position in Dell Technologies by 628.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after acquiring an additional 1,185,454 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 15.8%

Shares of DELL opened at $492.00 on Thursday. The company has a market capitalization of $318.87 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 0.88 and a beta of 1.34. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $514.00. The stock’s 50-day moving average price is $434.61 and its 200-day moving average price is $304.63.

Dell Technologies (NYSE:DELL) last announced its quarterly 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. Dell Technologies had a negative return on equity of 529.54% and a net margin of 7.53%.The company had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same period last year, the business earned $1.70 earnings per share. Dell Technologies’s quarterly revenue was up 57.7% on a year-over-year basis. 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 analysts anticipate that Dell Technologies Inc. will post 18.32 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DELL. Roth Capital assumed coverage on Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating on the stock. Sanford C. Bernstein upped their target price on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday. Piper Sandler reiterated an “overweight” rating and issued a $558.00 price target (up from $497.00) on shares of Dell Technologies in a report on Wednesday. Melius Research lifted their price objective on shares of Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “outperform” rating in a report on Wednesday. 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.com, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $550.70.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Fiscal Q2 revenue reached approximately $47 billion, up 58% year over year and above expectations, while adjusted EPS of $7.04 significantly exceeded the roughly $4.91 consensus estimate. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: AI-optimized server revenue doubled to $16.4 billion, and quarterly AI-server orders reached a record $60.9 billion. Dell’s AI backlog now stands at about $95 billion, offering investors visibility into future growth and order conversion. Dell Surges on Soaring AI Backlog
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to $192 billion from $167 billion and lifted adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance also exceeds Wall Street estimates, marking another consecutive outlook increase. Dell analysts see more room to run
• Positive Sentiment: Several analysts raised price targets, including JPMorgan’s increase to $635 with an overweight rating. The results also lifted sentiment across AI hardware peers and helped broader equity indexes recover.
• Neutral Sentiment: Dell declared a quarterly dividend of $0.63 per share and returned approximately $4.3 billion to shareholders through dividends and repurchases, supporting shareholder returns but remaining a small component of the investment case.
• Negative Sentiment: Investors remain concerned about elevated valuation, execution and margin sustainability. Component shortages are limiting shipments, while higher memory and other input costs could reduce profitability even as sales accelerate. Dell earnings call and supply constraints
• Negative Sentiment: Some analysts maintained Hold or reduced ratings after the rally, arguing that much of the AI opportunity is already reflected in the stock. Reported insider selling and elevated bond yields add further caution for investors.

Insider Activity

In related news, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the sale, the director owned 89,222 shares in the company, valued at approximately $40,465,745.88. This trade represents a 40.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares of the company’s stock, valued at $30,836,184.60. The trade was a 50.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,738,596 shares of company stock valued at $704,346,083. 41.50% of the stock is currently owned by corporate insiders.

About Dell Technologies

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.