Dell Technologies Inc. $DELL Shares Sold by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC lessened its stake in Dell Technologies Inc. (NYSE:DELL) by 3.8% in the third quarter, Holdings Channel reports. The fund owned 30,449 shares of the technology company’s stock after selling 1,202 shares during the quarter. Dell Technologies makes up about 3.1% of Plimoth Trust Co. LLC’s holdings, making the stock its 6th biggest holding. Plimoth Trust Co. LLC’s holdings in Dell Technologies were worth $16,380,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Plato Investment Management Ltd acquired a new stake in Dell Technologies during the 2nd quarter valued at approximately $5,913,000. Kercheville Advisors LLC increased its holdings in Dell Technologies by 13.6% during the 3rd quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock worth $10,113,000 after purchasing an additional 2,250 shares during the last quarter. Gabelli Funds LLC raised its position in shares of Dell Technologies by 49.0% in the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Dell Technologies in the 1st quarter valued at approximately $5,930,000. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Dell Technologies by 71.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after buying an additional 2,576 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,819,650 shares of company stock worth $991,183,596. Insiders own 41.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DELL shares. Truist Financial raised their price target on shares of Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a research report on Wednesday, September 2nd. Bank of America lifted their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. JPMorgan Chase & Co. upped their price target 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. The Goldman Sachs Group reiterated a “buy” rating on shares of Dell Technologies in a research note on Friday, October 9th. Finally, UBS Group reissued an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Trading Up 2.4%

DELL stock opened at $467.61 on Tuesday. The firm has a market cap of $297.31 billion, a P/E ratio of 27.14, a P/E/G ratio of 0.47 and a beta of 1.37. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The stock’s 50 day simple moving average is $512.73 and its 200 day simple moving average is $321.50.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same period last year, the business posted $1.70 earnings per share. 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, research analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced 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. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Key Dell Technologies News

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

• Positive Sentiment: Dell is expanding its AI infrastructure footprint. Honeywell launched Forge Plant Cognition, an industrial AI platform built using NVIDIA technology and Dell infrastructure, supporting potential demand from refining, petrochemical and LNG customers. Honeywell Technologies Launches Forge Plant Cognition
• Positive Sentiment: Additional reported deployments in industrial operations, education and sports analytics, along with Dell’s NVIDIA-backed “AI factory” and agentic-AI initiatives, reinforce the company’s positioning as an on-premises AI hardware provider. Dell AI Factory with NVIDIA
• Neutral Sentiment: Director Lynn Vojvodich Radakovich sold $930,120 of Dell shares, reducing her direct ownership by 7.3%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan, it provides limited evidence of a negative view of Dell’s prospects. Dell SEC Form 4 Filing
• Neutral Sentiment: Industry reports project continued growth in converged infrastructure and intelligent platform-management markets, areas where Dell participates, but these broad market forecasts do not necessarily translate into near-term revenue or earnings growth for DELL.
• Negative Sentiment: Barclays downgraded Dell, arguing that the company has not yet delivered a “meaningful AI inflection.” The downgrade has contributed to an approximately 18.5% monthly decline and highlights concerns that AI-server growth may not accelerate quickly enough to support the valuation. Dell Sinks 18.5% in a Month on Barclays Downgrade
• Negative Sentiment: Analysts and commentary are questioning whether Dell’s future cash generation can support the stock after substantial long-term gains, increasing sensitivity to execution, margins and AI demand.
• Negative Sentiment: Insider selling by executives and directors across several AI-related companies, including Dell, may add caution, although broader analyst support and institutional demand suggest the AI investment theme remains intact. Insiders Are Selling These 5 AI Stocks

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.