Dell Technologies Inc. $DELL Stock Bought by Wedmont Private Capital

Wedmont Private Capital grew its holdings in Dell Technologies Inc. (NYSE:DELL) by 22.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,825 shares of the technology company’s stock after purchasing an additional 874 shares during the period. Wedmont Private Capital’s holdings in Dell Technologies were worth $2,772,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in DELL. Plato Investment Management Ltd bought a new position in shares of Dell Technologies in the 2nd quarter valued at about $5,913,000. Gabelli Funds LLC increased its position in shares of Dell Technologies by 49.0% in the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after acquiring an additional 15,150 shares during the last quarter. Segall Bryant & Hamill LLC bought a new stake in Dell Technologies during the first quarter worth about $5,930,000. Envestnet Portfolio Solutions Inc. boosted its position in Dell Technologies by 71.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after purchasing an additional 2,576 shares during the last quarter. Finally, Weiss Asset Management LP grew its stake in Dell Technologies by 20.5% in the first quarter. Weiss Asset Management LP now owns 25,130 shares of the technology company’s stock valued at $4,125,000 after purchasing an additional 4,274 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Evercore ISI raised its price target for Dell to $650 from $500, adding to a series of bullish target increases. The revisions reflect expectations for sustained AI-server growth, a large backlog and strong customer demand. Evercore ISI raises Dell price target
• Positive Sentiment: Wedbush analyst Dan Ives added DELL to his Ives AI 30 “Winner List.” The inclusion reinforces the view that Dell is a major beneficiary of the ongoing AI infrastructure spending cycle. Dan Ives adds Dell to AI 30
• Positive Sentiment: Dell’s UAE technology forum is highlighting how businesses can scale AI and modernize infrastructure, supporting the company’s enterprise pipeline and long-term demand outlook. Its enhanced AI Data Platform and NVIDIA-powered capabilities also strengthen its competitive positioning. Dell Technologies Forum UAE
• Neutral Sentiment: CEO Michael Dell’s pledge to contribute to employees’ children’s Trump Accounts and continued public attention around the initiative raise Dell’s visibility, but the program is philanthropic and has limited direct impact on operating results. Dell pledges employee Trump Account contributions
• Negative Sentiment: Several Silver Lake-affiliated directors sold roughly $73 million of Dell stock on October 6, with some transactions reducing their positions by about 68% to 72%. The sales may create a near-term supply and investor-confidence overhang. Dell insider-selling filing
• Negative Sentiment: A disclosure also showed that an account managed independently for President Donald Trump sold between $500,001 and $1 million of Dell shares, followed by a smaller sale. The transactions could temper enthusiasm around his public support for the stock. Trump-linked account sells Dell shares

Wall Street Analyst Weigh In

Several research firms have weighed in on DELL. Truist Financial boosted their price target on Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a research report on Wednesday, September 2nd. Melius Research raised their target price on shares of Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a research note 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 target price on the stock in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Dell Technologies in a research report on Thursday, September 3rd. They set a “hold” rating and a $480.00 price target on the stock. Finally, UBS Group reissued an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average target price of $571.12.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 3,600 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $572.50, for a total value of $2,061,000.00. Following the transaction, the director directly owned 1,401,636 shares of the company’s stock, valued at $802,436,610. This represents a 0.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Spv-2 L.P. Sl sold 46,323 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $575.43, for a total transaction of $26,655,643.89. Following the sale, the director owned 22,254 shares of the company’s stock, valued at $12,805,619.22. This trade represents a 67.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,697,272 shares of company stock worth $920,162,797 in the last quarter. 41.50% of the stock is owned by corporate insiders.

Dell Technologies Trading Up 2.3%

Shares of NYSE DELL opened at $587.88 on Friday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $595.51. The stock has a 50 day moving average of $508.07 and a 200-day moving average of $381.38. The company has a market capitalization of $373.78 billion, a P/E ratio of 34.12, a P/E/G ratio of 0.60 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share 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 analysts’ expectations of $44.89 billion. During the same quarter in the prior year, the business earned $1.70 EPS. The firm’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. Analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.4%. Dell Technologies’s dividend payout ratio is presently 14.63%.

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.