Dell Technologies Inc. $DELL Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. lifted its stake in Dell Technologies Inc. (NYSE:DELL) by 12.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,152 shares of the technology company’s stock after purchasing an additional 6,150 shares during the period. Rakuten Investment Management Inc.’s holdings in Dell Technologies were worth $29,220,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Third View Private Wealth LLC raised its holdings in Dell Technologies by 3.6% in the third quarter. Third View Private Wealth LLC now owns 898 shares of the technology company’s stock valued at $483,000 after acquiring an additional 31 shares in the last quarter. Provenance Wealth Advisors LLC lifted its stake in Dell Technologies by 409.9% in the third quarter. Provenance Wealth Advisors LLC now owns 4,961 shares of the technology company’s stock worth $2,669,000 after acquiring an additional 3,988 shares during the last quarter. Lyell Wealth Management LP grew its holdings in Dell Technologies by 2.6% during the 3rd quarter. Lyell Wealth Management LP now owns 38,827 shares of the technology company’s stock worth $20,887,000 after acquiring an additional 992 shares in the last quarter. Putney Financial Group LLC grew its holdings in Dell Technologies by 3.9% during the 3rd quarter. Putney Financial Group LLC now owns 1,782 shares of the technology company’s stock worth $959,000 after acquiring an additional 67 shares in the last quarter. Finally, Integrity Advisory Solutions LLC purchased a new stake in shares of Dell Technologies in the 3rd quarter valued at approximately $269,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

DELL has been the topic of a number of analyst reports. Wells Fargo & Company raised their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a report on Friday, August 14th. Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a research note on Wednesday, September 2nd. Evercore reissued an “outperform” rating and issued a $650.00 target price on shares of Dell Technologies in a report on Wednesday, September 9th. 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 target on the stock. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Dell Technologies in a report on Friday, October 9th. One 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Stock Up 3.9%

NYSE:DELL opened at $408.18 on Wednesday. The company has a market capitalization of $259.53 billion, a PE ratio of 23.69, a P/E/G ratio of 0.41 and a beta of 1.45. The stock’s 50 day moving average price is $512.25 and its 200 day moving average price is $333.10. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51.

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 the consensus estimate 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 company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same period last year, the firm posted $1.70 EPS. Dell Technologies’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. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Insiders Place Their Bets

In related news, Director Egon Durban sold 1,850 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the sale, the director owned 1,405,236 shares of the company’s stock, valued at approximately $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the sale, the director directly owned 22,686 shares in the company, valued at $13,210,057.80. This trade represents a 52.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,819,650 shares of company stock worth $991,183,596. Corporate insiders own 41.50% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell introduced cybersecurity and resilience capabilities for AI environments, including quantum-safe encryption and identity-resilience tools. The offerings aim to address security needs for customers running critical AI workloads. Dell Technologies Unveiled New Cybersecurity Tools For AI Environments
• Positive Sentiment: Dell and CrowdStrike announced integrated security for Dell’s AI Factory with NVIDIA, extending CrowdStrike protection across AI infrastructure, workloads, agents, and applications. The partnership could strengthen Dell’s enterprise AI offering. CrowdStrike and Dell Announce Integrated AI Security
• Positive Sentiment: AI-server stocks bounced after a steep decline, lifting Dell alongside peers. Another report described Dell as a relatively inexpensive AI stock, citing a forward earnings multiple of about 13 times; this may have encouraged bargain-seeking investors. AI Server Stocks Bounce Dell: A Top Cheap AI Stock
• Neutral Sentiment: A separate analysis highlighted Dell’s revenue growth, free-cash-flow generation, and reported $95 billion backlog as potential longer-term supports, though these points have not removed near-term concerns about demand and margins. Dell Technologies vs. Intel
• Negative Sentiment: Recent weakness reflects worries that rising memory prices and tight supply could constrain PC demand. An investor cited Dell’s sharply higher inventory as evidence that chip supply may be catching up with demand, while a trading article noted the stock had recently reached a two-month low. Dell Inventory and Chip Supply Bearish Dell Options Trade

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.