Dell Technologies Inc. $DELL Position Lifted by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 20.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,371 shares of the technology company’s stock after buying an additional 3,721 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Dell Technologies were worth $12,034,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after purchasing an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP increased its holdings 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 purchasing an additional 1,474,347 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Dell Technologies by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after purchasing an additional 27,668 shares during the period. Swiss National Bank increased its position in Dell Technologies by 4.7% during the first quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock worth $152,806,000 after acquiring an additional 41,700 shares during the period. Finally, Amundi boosted its stake in shares of Dell Technologies by 5.8% in the first quarter. Amundi now owns 845,709 shares of the technology company’s stock valued at $138,806,000 after buying an additional 46,240 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: AI server stocks, including Dell, rallied broadly as investors rotated back into last week’s technology-market losers. The recovery suggests that concerns about AI demand may have been overstated, though debate over memory prices and profit margins continues. AI Server Stocks Rally as Last Week’s Selloff Reverses
• Positive Sentiment: Dell and Nvidia backed a $200 million funding round for AI model developer doubleAI. The investment strengthens Dell’s association with emerging AI workloads and could help support future demand for servers and related infrastructure. Nvidia, Dell back $200M round for AI model developer doubleAI
• Positive Sentiment: A broader market rebound in AI shares, together with the view that the AI buildout is still in its early stages, provided a favorable backdrop for Dell’s AI server business. Analysts cited substantial future spending on computing, networking, power and cooling infrastructure. The AI Buildout Is Only 15% Complete
• Neutral Sentiment: Dell is collaborating with PureCS to enhance cybersecurity services in the United Arab Emirates. The agreement may expand Dell’s channel and enterprise-services reach, but the near-term financial impact was not disclosed. PureCS, Dell Technologies collaborate to enhance cybersecurity services in UAE
• Negative Sentiment: Investors remain concerned that shortages of memory chips and other components could constrain Dell’s ability to fulfill AI-server demand or compress margins. With the stock’s large prior-year gain, its valuation assumes continued strong sales growth, leaving it vulnerable if supply constraints or demand expectations weaken. What Could Derail Dell Stock?

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DELL. Truist Financial lifted their price target on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research note on Wednesday, September 2nd. Raymond James Financial lifted their price objective on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. Barclays lowered shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $603.00 to $574.00 in a report on Wednesday, October 14th. Morgan Stanley raised their price objective on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research note on Monday, September 21st. Finally, Citigroup raised their price target on shares of Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research 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 issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Insider Activity

In related news, 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 completion of the transaction, the director directly owned 1,404,569 shares in the company, valued at approximately $823,639,261.60. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $565.28, for a total value of $1,142,996.16. Following the completion of the transaction, the director owned 25,267 shares of the company’s stock, valued at $14,282,929.76. The trade was a 7.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,817,628 shares of company stock worth $990,253,476. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Stock Up 2.0%

NYSE:DELL traded up $9.30 during mid-day trading on Tuesday, hitting $464.74. 3,227,351 shares of the stock traded hands, compared to its average volume of 8,283,627. The company has a market cap of $295.49 billion, a PE ratio of 26.95, a price-to-earnings-growth 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 business’s 50-day moving average price is $514.49 and its 200 day moving average price is $396.96.

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 analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate 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 was up 57.7% compared to the same quarter last year. During the same quarter 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. Analysts anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. Dell Technologies’s dividend payout ratio is presently 14.63%.

Dell Technologies Company 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.