Dell Technologies Inc. $DELL Shares Bought by Andra AP fonden

Andra AP fonden raised its stake in Dell Technologies Inc. (NYSE:DELL) by 16.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 86,168 shares of the technology company’s stock after purchasing an additional 11,900 shares during the quarter. Andra AP fonden’s holdings in Dell Technologies were worth $37,178,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Cornerstone Financial Management LLC grew its position in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after buying an additional 23 shares during the last quarter. Premier Financial Group acquired a new stake in shares of Dell Technologies in the 2nd quarter worth $34,000. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies in the second quarter valued at about $38,000. Atwood & Palmer Inc. increased its stake in shares of Dell Technologies by 860.0% during the second quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock worth $41,000 after acquiring an additional 86 shares during the period. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Dell Technologies during the second quarter worth about $43,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Performance

DELL stock traded down $25.02 during midday trading on Tuesday, hitting $550.29. 4,686,320 shares of the stock were exchanged, compared to its average volume of 8,417,135. The stock’s 50-day moving average price is $467.48 and its 200-day moving average price is $342.96. The stock has a market cap of $349.88 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 0.59 and a beta of 1.34. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51.

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, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the prior year, the company earned $1.70 earnings per share. Dell Technologies’s revenue was up 57.7% compared to the same quarter last year. 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. Research analysts anticipate that Dell Technologies Inc. will post 25.14 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 issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Analysts Set New Price Targets

DELL has been the topic of a number of analyst reports. Evercore reaffirmed an “outperform” rating and issued a $650.00 price objective on shares of Dell Technologies in a report on Wednesday, September 9th. US Capital Advisors set a $625.00 price target on Dell Technologies in a research note on Wednesday, September 2nd. Cantor Fitzgerald assumed coverage on Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating for the company. Bank of America raised their target price on Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a report on Monday, August 31st. Finally, William Blair started coverage on shares of Dell Technologies in a research report on Monday, June 1st. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $560.72.

Key Dell Technologies News

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

• Positive Sentiment: Dell’s AI momentum remains the main bullish catalyst. Its AI customer base reportedly exceeds 6,500, with enterprise, sovereign-AI and neocloud demand contributing to record orders and an approximately $95 billion backlog. Dell Rides on Growing AI Clientele
• Positive Sentiment: Morgan Stanley described Dell as well positioned to benefit from increasing on-premises AI deployments, supporting the company’s data-center growth outlook. Dell Best Positioned for On-Premises AI Growth
• Positive Sentiment: Dell joined the S&P 100, which could increase institutional visibility. The company also launched the premium XPS Googlebook, powered by Qualcomm’s Snapdragon X Elite and integrated with Google Gemini, broadening its AI-focused client-device portfolio. Dell Introduces XPS Googlebook
• Neutral Sentiment: DELL recently reached a 52-week high, demonstrating strong momentum, but the rapid advance has increased investor focus on whether further gains are supported by fundamentals. Dell Hits Fresh High
• Negative Sentiment: Morgan Stanley raised its price target to $511 from $499 but maintained an Equalweight rating. The target remains below recent trading levels, suggesting limited upside in the firm’s base case. Morgan Stanley Adjusts Dell Price Target
• Negative Sentiment: Dell’s CFO, general counsel and Silver Lake-affiliated directors disclosed sizable stock sales near recent highs. Although the sellers retained meaningful positions, the transactions may reinforce concerns that insiders view the valuation as attractive for taking profits. Dell Insider Selling
• Negative Sentiment: Bearish commentary has highlighted significant downside risk if AI-server growth, margins or expectations fail to justify Dell’s elevated valuation. Dell Downside Analysis

Insider Transactions at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director 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 can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director directly owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,083,958 shares of company stock valued at $1,065,770,229. 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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.