TD Waterhouse Canada Inc. Has $16.27 Million Holdings in Dell Technologies Inc. $DELL

TD Waterhouse Canada Inc. lifted its position in Dell Technologies Inc. (NYSE:DELL) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,158 shares of the technology company’s stock after acquiring an additional 1,266 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Dell Technologies were worth $16,267,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Dell Technologies in the fourth quarter worth $607,349,000. Wellington Management Group LLP lifted its stake in Dell Technologies by 4,279.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. lifted its stake in Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after acquiring an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation boosted its position in Dell Technologies by 533.3% during the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after acquiring an additional 2,258,797 shares during the period. Finally, AQR Capital Management LLC grew its stake in Dell Technologies by 628.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after acquiring an additional 1,185,454 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies News Summary

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

• Positive Sentiment: AI demand remains the primary catalyst. Dell reported record AI-server orders and a roughly $95 billion backlog, supporting expectations for sustained data-center growth. Broad enterprise IT-refresh demand is providing an additional tailwind. DELL Stock Hits 52-Week High: Does it Have More Room to Run?
• Positive Sentiment: The latest earnings beat reset expectations higher. Dell posted quarterly revenue of $46.97 billion, up 57.7% year over year and above the $44.89 billion consensus. Adjusted earnings of $7.04 per share exceeded estimates by $2.13, while management raised its fiscal outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
• Positive Sentiment: Analyst support strengthened. Goldman Sachs increased its price target by $60, while JPMorgan raised its target to $635. Other firms, including UBS, Morgan Stanley and TD Cowen, also expressed constructive views, reinforcing bullish sentiment around Dell’s AI-server opportunity. Goldman Sachs resets Dell stock price target by $60
• Positive Sentiment: Dell is increasingly viewed as a potential major AI beneficiary because its growth is being supported by reported customer orders and revenue rather than expectations alone. Its performance has also helped validate the broader AI infrastructure trade. Bank of America sees upside in surging AI stock
• Neutral Sentiment: Valuation and execution are becoming more important. After a sharp 2026 rally and a move near its 52-week high, investors are debating whether the backlog can translate into profitable growth at current expectations.
• Negative Sentiment: Some commentary cautions that Dell’s margins, supply availability and ability to convert the backlog into cash flow could limit further upside. The stock’s substantial gains also increase the risk of profit-taking or consolidation if future results merely meet, rather than exceed, elevated expectations. Dell Just Jumped 16% and One Strategist Says That Is the Whole Tech Argument Right Now

Analyst Ratings Changes

Several analysts recently issued reports on the company. KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a report on Wednesday. CLSA raised Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Morgan Stanley raised their price target on Dell Technologies from $434.00 to $499.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Sanford C. Bernstein boosted their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Susquehanna set a $289.00 price objective on Dell Technologies and gave the stock a “neutral” rating in a report on Friday, May 29th. One equities research 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.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $553.79.

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the completion of the transaction, the director directly owned 8,585 shares in the company, valued at $3,417,946.05. This represents a 94.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Spv-2 L.P. Sl sold 131,040 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $398.13, for a total transaction of $52,170,955.20. Following the completion of the sale, the director owned 12,619 shares in the company, valued at $5,024,002.47. This represents a 91.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,527,629 shares of company stock worth $619,325,485 in the last ninety days. 41.50% of the stock is currently owned by insiders.

Dell Technologies Price Performance

Shares of DELL opened at $525.66 on Friday. The company has a market capitalization of $340.69 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 0.73 and a beta of 1.34. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $534.99. The company’s fifty day moving average price is $439.28 and its 200 day moving average price is $308.94.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating the consensus estimate 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 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 business posted $1.70 earnings per share. The firm’s revenue 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. Analysts anticipate that Dell Technologies Inc. will post 21.28 earnings per share for the current year.

Dell Technologies Dividend Announcement

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 paid a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.