18,438 Dell Technologies Inc. $DELL Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC lessened its position in shares of Dell Technologies Inc. (NYSE:DELL) by 52.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,603 shares of the technology company’s stock after selling 18,438 shares during the quarter. Sterling Capital Management LLC’s holdings in Dell Technologies were worth $8,932,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DELL. Bank of America Corp DE grew its stake in 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 worth $2,362,624,000 after buying an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP grew its position in Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in Dell Technologies by 107.8% in the third 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 during the period. NewEdge Advisors LLC boosted its holdings in Dell Technologies by 5.0% during the second quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock worth $207,355,000 after buying an additional 22,924 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after acquiring an additional 27,668 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and comparatively lower valuation were highlighted as advantages over Applied Digital, strengthening the investment case for Dell as AI infrastructure spending continues. DELL vs. APLD: Which AI-Infrastructure Stock Looks More Attractive?
• Positive Sentiment: Dell introduced new AI Factory hardware with NVIDIA, reinforcing its positioning as a supplier of complete AI computing systems and countering recent concerns about slowing enterprise demand. Dell Unveiled New AI Servers
• Positive Sentiment: Texas Athletics, Dell, Google Cloud and SHI International launched the Bevo Lab, an AI and analytics platform that expands Dell’s technology visibility in higher education and sports research. The deal is strategically positive but unlikely to materially affect near-term earnings. Texas Athletics and McCombs Launch Bevo Lab
• Neutral Sentiment: Dell rose alongside other AI-server stocks as the sector stabilized, although Hewlett Packard Enterprise outperformed Dell and Super Micro was little changed. The move suggests broader sector sentiment rather than a Dell-specific announcement. AI Server Peers Market Update
• Negative Sentiment: The previous session’s steep decline reflected profit-taking, technology-sector weakness and reported supply-chain concerns. Barclays’ recent downgrade, based partly on doubts about enterprise AI demand, continues to weigh on sentiment and may contribute to volatility. Dell Stock Drops in Tech Sell-Off

Analyst Upgrades and Downgrades

A number of equities analysts have commented on DELL shares. Barclays cut Dell Technologies from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $603.00 to $574.00 in a report on Wednesday, October 14th. Citigroup lifted their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Bank of America raised their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, August 31st. US Capital Advisors set a $625.00 price target on shares of Dell Technologies in a research report on Wednesday, September 2nd. Finally, Cantor Fitzgerald initiated coverage on Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Stock Up 0.9%

NYSE DELL traded up $3.94 during trading hours on Friday, hitting $456.89. 4,327,247 shares of the company were exchanged, compared to its average volume of 6,786,579. 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 $290.49 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 0.47 and a beta of 1.37. The company has a 50 day moving average of $513.41 and a two-hundred day moving average of $403.55.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the business posted $1.70 EPS. The business’s revenue for the quarter 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. On average, equities research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Insiders Place Their Bets

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the completion of the sale, the director owned 22,686 shares in the company, valued at approximately $13,210,057.80. The trade was a 52.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the completion of the sale, the director directly owned 43,740 shares of the company’s stock, valued at $25,469,802. The trade was a 50.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,817,628 shares of company stock worth $990,253,476. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies 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.