Providence First Trust Co Makes New $1.44 Million Investment in Dell Technologies Inc. $DELL

Providence First Trust Co purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELL) in the 3rd quarter, Holdings Channel reports. The fund purchased 2,679 shares of the technology company’s stock, valued at approximately $1,441,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Plato Investment Management Ltd bought a new stake in shares of Dell Technologies during the second quarter worth approximately $5,913,000. Kercheville Advisors LLC grew its position in shares of Dell Technologies by 13.6% in the third quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock valued at $10,113,000 after purchasing an additional 2,250 shares during the last quarter. Gabelli Funds LLC grew its position in shares of Dell Technologies by 49.0% in the first 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 during the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of Dell Technologies during the first quarter worth approximately $5,930,000. Finally, Jackson Square Capital LLC increased its stake in shares of Dell Technologies by 15.1% during the third quarter. Jackson Square Capital LLC now owns 17,115 shares of the technology company’s stock worth $9,207,000 after purchasing an additional 2,243 shares during the period. 76.37% of the stock is owned by institutional investors.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the sale, the director directly owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at $37,861,527.90. The trade was a 53.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,819,650 shares of company stock valued at $991,183,596 over the last ninety days. Insiders own 41.50% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
• Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
• Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks

Dell Technologies Stock Up 3.8%

Shares of DELL traded up $12.11 during mid-day trading on Friday, hitting $329.02. 8,587,422 shares of the company’s stock were exchanged, compared to its average volume of 6,660,394. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The stock’s 50-day simple moving average is $504.83 and its 200-day simple moving average is $336.43. The firm has a market cap of $209.19 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 0.41 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last released 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. The company had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s quarterly revenue was up 57.7% on a year-over-year basis. During the same period in the previous year, the business earned $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 forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DELL. TD Cowen lifted their price target on Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a report on Tuesday, September 29th. Piper Sandler reaffirmed an “overweight” rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. Melius Research lifted their target price on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Finally, Fox Advisors raised 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 report on Wednesday, September 2nd. One investment 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 data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Company Profile

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.