Artemis Investment Management LLP Cuts Position in Dell Technologies Inc. $DELL

Artemis Investment Management LLP lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 5.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,455 shares of the technology company’s stock after selling 10,157 shares during the quarter. Artemis Investment Management LLP’s holdings in Dell Technologies were worth $93,848,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Everhart Financial Group Inc. increased its stake in Dell Technologies by 4.8% in the third quarter. Everhart Financial Group Inc. now owns 3,347 shares of the technology company’s stock valued at $1,800,000 after purchasing an additional 152 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in shares of Dell Technologies by 1.1% in the 3rd quarter. Valeo Financial Advisors LLC now owns 6,166 shares of the technology company’s stock valued at $3,317,000 after buying an additional 66 shares during the period. Tactive Advisors LLC bought a new stake in Dell Technologies in the 3rd quarter valued at about $326,000. Kaydan Wealth Management Inc. bought a new stake in Dell Technologies in the 3rd quarter valued at about $217,000. Finally, Whalen Wealth Management Inc. boosted its holdings in Dell Technologies by 3.9% in the third quarter. Whalen Wealth Management Inc. now owns 2,834 shares of the technology company’s stock worth $1,524,000 after acquiring an additional 106 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Price Performance

Shares of DELL stock traded down $5.19 on Thursday, hitting $573.77. The stock had a trading volume of 2,805,981 shares, compared to its average volume of 8,288,252. The business has a 50 day moving average of $501.03 and a 200 day moving average of $376.99. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The stock has a market cap of $364.81 billion, a price-to-earnings ratio of 33.31, a price-to-earnings-growth ratio of 0.59 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. As a group, research analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DELL. Royal Bank Of Canada assumed coverage on Dell Technologies in a report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price objective for the company. Daiwa Securities Group lifted their price target on shares of Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a research report on Friday, September 18th. Evercore restated an “outperform” rating and set a $650.00 price objective on shares of Dell Technologies in a report on Wednesday, September 9th. Morgan Stanley lifted their price objective on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a report on Monday, September 21st. Finally, Mizuho boosted their target price on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $571.12.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 7,994 shares of the business’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $569.77, for a total value of $4,554,741.38. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Egon Durban sold 1,850 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total value of $1,014,540.00. Following the completion of the transaction, the director owned 1,405,236 shares of the company’s stock, valued at $770,631,422.40. This trade represents a 0.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,570,174 shares of company stock valued at $847,037,343 in the last ninety days. 41.50% of the stock is owned by corporate insiders.

More Dell Technologies News

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

• Positive Sentiment: Analyst upgrade supports the stock. Dell shares climbed after an analyst upgrade, adding to recent optimism about the company’s AI-server growth and valuation. The bullish view follows reported AI-server orders of $60.9 billion, $16.4 billion in AI-server revenue and a $95 billion backlog. Dell Technologies Shares Climb on Analyst Upgrade
• Positive Sentiment: AI demand remains the central catalyst. Dell’s AI-server business has helped transform the company from a slower-growth PC maker into a major AI infrastructure provider. Recent coverage highlights sharply higher fiscal 2027 guidance, stronger profitability and a large backlog, while Dell’s expanded AI Data Platform is intended to improve enterprise data orchestration, security and NVIDIA-powered workload performance. Can Dell Turn Its New AI Data Platform Into a Durable Competitive Advantage?
• Positive Sentiment: New AI-focused PCs and workstations broaden Dell’s opportunity. Dell, NVIDIA and Microsoft introduced Windows PCs and workstations designed for agentic-AI development, including new XPS and workstation products using NVIDIA technology. The launch could strengthen Dell’s positioning across both enterprise infrastructure and premium computing. Dell Technologies Drives the Agentic AI Era with New Windows PCs and Workstations
• Neutral Sentiment: Industry growth estimates remain favorable. Research projects the global hyper-converged infrastructure market will grow at a 23.3% annual rate through 2032, potentially benefiting Dell’s enterprise hardware and infrastructure businesses. The report is an industry forecast rather than a new Dell contract or financial update. Hyper-Converged Infrastructure Global Strategic Business Report
• Negative Sentiment: Profit-taking is weighing on server stocks. Super Micro Computer declined as investors locked in gains, while Dell and HPE also dipped or lagged sector peers. The move signals caution that Dell’s AI-driven rally may be extended, particularly with the stock near its 52-week high and having already delivered extraordinary multi-year returns. Profit Taking Unwinds Server Rally; Dell and Hewlett Packard Enterprise Dip

Dell Technologies Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.