Dell Technologies Inc. $DELL Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. reduced its stake in Dell Technologies Inc. (NYSE:DELL) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 642,203 shares of the technology company’s stock after selling 20,475 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Dell Technologies were worth $345,473,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Dell Technologies in the 3rd quarter valued at about $45,098,000. ProShare Advisors LLC boosted its stake in shares of Dell Technologies by 6.7% in the 3rd quarter. ProShare Advisors LLC now owns 58,769 shares of the technology company’s stock valued at $31,615,000 after buying an additional 3,713 shares during the period. Vise Technologies Inc. grew its position in shares of Dell Technologies by 7.7% during the third quarter. Vise Technologies Inc. now owns 34,851 shares of the technology company’s stock worth $18,748,000 after buying an additional 2,481 shares in the last quarter. Investment Partners LTD. grew its position in shares of Dell Technologies by 48.0% during the third quarter. Investment Partners LTD. now owns 1,048 shares of the technology company’s stock worth $564,000 after buying an additional 340 shares in the last quarter. Finally, Intrua Financial LLC increased its stake in shares of Dell Technologies by 44.2% during the third quarter. Intrua Financial LLC now owns 1,373 shares of the technology company’s stock worth $739,000 after buying an additional 421 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

NYSE:DELL opened at $423.63 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The stock has a market cap of $269.35 billion, a P/E ratio of 24.59, a P/E/G ratio of 0.44 and a beta of 1.37. The stock has a 50-day simple moving average of $513.74 and a 200-day simple moving average of $330.29.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share 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 analyst estimates 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 quarterly revenue was up 57.7% on a year-over-year basis. During the same quarter last 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. On average, equities research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. This trade represents a 58.68% 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 worth $991,183,596 over the last quarter. 41.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target for the company in a report on Wednesday, September 2nd. TD Cowen boosted their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a report on Tuesday, September 29th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a research report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price objective on the stock. Finally, Bank of America raised their price objective on shares of Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a report on Monday, August 31st. One 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. According to data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s AI infrastructure business remains a key long-term support. Recent coverage highlighted accelerating storage growth, a reported $95 billion backlog and rising earnings estimates, while expanded AI security and cyber-resilience capabilities could strengthen its position against Cisco and Hewlett Packard Enterprise. Everpure vs. Dell: Which Data Storage Stock Is the Better Buy Now? DELL Expands AI Security Capabilities
• Neutral Sentiment: One report characterized Dell as a founder-led technology company with potential for continued innovation and global growth, but it does not introduce a new catalyst for the current session. Founder-Led Giants Redefining Technology and Global Market Growth
• Neutral Sentiment: A filing-related report said an account associated with Donald Trump sold as much as $1 million of Dell stock, despite his public comments encouraging purchases. The transaction may attract attention but is small relative to Dell’s market value and does not change the company’s fundamentals. Trump Filing Reveals Dell Stock Sale
• Negative Sentiment: Intel warned that memory shortages are constraining PC demand and that weakness could persist, hurting computer and server manufacturers. Dell fell alongside HP, Hewlett Packard Enterprise and Super Micro as investors priced in slower hardware demand and potential supply-cost pressure. Dell Sinks as Intel Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak fourth-quarter outlook, margin pressure and roughly 25% share-price reset reinforced concerns about a prolonged PC downturn. The read-through is negative for Dell’s traditional PC business, even though AI servers may continue to grow. Silicon Shock: Intel’s Valuation Reset
• Negative Sentiment: Investors are also questioning whether Dell’s rally has outpaced its fundamentals, citing sharply weaker cash flow and negative shareholders’ equity. Those concerns increase sensitivity to any slowdown in AI or broader hardware demand. The Next AI Stock to Break Out May Not Be on Most Investors’ Radar

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.