Royal Fund Management LLC Sells 1,334 Shares of Dell Technologies Inc. $DELL

Royal Fund Management LLC trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,469 shares of the technology company’s stock after selling 1,334 shares during the quarter. Dell Technologies makes up about 1.3% of Royal Fund Management LLC’s investment portfolio, making the stock its 9th biggest position. Royal Fund Management LLC’s holdings in Dell Technologies were worth $17,467,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP raised its stake in shares of Dell Technologies by 140.1% in the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after acquiring an additional 1,474,347 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Dell Technologies by 7.6% in 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 acquiring an additional 1,011,101 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock worth $350,288,000 after acquiring an additional 337,836 shares in the last quarter. Renaissance Technologies LLC grew its position in Dell Technologies by 70.2% during the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock worth $118,432,000 after acquiring an additional 297,500 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in Dell Technologies by 73.4% during the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock worth $71,946,000 after acquiring an additional 185,527 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

More Dell Technologies News

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

• Positive Sentiment: Dell expanded its AI Factory with NVIDIA, adding enterprise agentic-AI solutions for deskside and data-center deployments. Dell said its customer base for the platform has grown to more than 6,500, up from 5,000 the prior quarter, supporting expectations for continued AI-server demand. Dell Technologies Advances Enterprise Agentic AI from the Deskside to Data Center with NVIDIA
• Positive Sentiment: Super Micro Computer’s stronger preliminary outlook provided fresh evidence of robust enterprise demand for AI infrastructure and temporarily lifted Dell and other server makers. Super Micro raised its quarterly revenue outlook by roughly $4 billion at the midpoint and increased its gross-margin forecast. Why are Dell and HPE stocks rising in premarket trading on Wednesday?
• Positive Sentiment: Dell reportedly raised its dividend by 20% for the fourth consecutive year, reinforcing its shareholder-return profile. Dell Technologies raises its dividend 20% for the fourth year running
• Neutral Sentiment: Dell announced that General Counsel Richard Rothberg will retire in 2027 and Christopher Garcia will succeed him. The planned transition is unlikely to materially affect near-term earnings but adds a management-change consideration. Dell Technologies Announces General Counsel Transition
• Negative Sentiment: Profit-taking and a broader technology-sector sell-off pressured Dell after its recent rally. Investors also focused on supply-chain concerns that could limit the company’s ability to fulfill AI-server orders or constrain margins. Dell Stock Drops in Tech Sell-Off
• Negative Sentiment: Analyst downgrades affecting Dell and Hewlett Packard Enterprise, partly tied to concerns about heavily leveraged neocloud customers such as CoreWeave, raised questions about the durability of AI infrastructure spending. Dell’s valuation also leaves the stock more exposed to profit-taking if growth expectations moderate. Dell Stock Got Hit by a Downgrade

Dell Technologies Trading Down 6.9%

Shares of DELL stock opened at $452.14 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The firm’s 50 day moving average is $514.10 and its 200-day moving average is $403.17. The firm has a market capitalization of $287.48 billion, a price-to-earnings ratio of 26.24, a PEG ratio of 0.50 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last issued 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 net margin of 7.53% and a negative return on equity of 578.85%. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter last year, the business posted $1.70 earnings per share. Dell Technologies’s revenue for the quarter 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. On average, equities research analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of recent analyst reports. TD Cowen raised their price target on Dell Technologies from $500.00 to $550.00 and gave the company a “hold” rating in a report on Tuesday, September 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a research note on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a report on Wednesday, September 2nd. Finally, Raymond James Financial raised their target price on Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Insider Buying and Selling

In other news, Director Egon Durban sold 1,850 shares of the business’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the completion of the sale, the director owned 1,405,236 shares in the company, valued at $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the company’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $586.40, for a total value of $1,055,520.00. Following the transaction, the director directly owned 1,404,569 shares in the company, valued at $823,639,261.60. This trade represents a 0.13% decrease in their position. 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. 41.50% of the stock is currently owned by company insiders.

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.