Dell Technologies Inc. $DELL Stock: JW Asset Management LLC Boosts Position

JW Asset Management LLC increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 400.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,500 shares of the technology company’s stock after acquiring an additional 14,000 shares during the period. Dell Technologies makes up approximately 3.9% of JW Asset Management LLC’s portfolio, making the stock its 4th biggest holding. JW Asset Management LLC’s holdings in Dell Technologies were worth $9,414,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DELL. Money Concepts Capital Corp increased its holdings in shares of Dell Technologies by 117.2% in the 3rd quarter. Money Concepts Capital Corp now owns 1,566 shares of the technology company’s stock valued at $842,000 after purchasing an additional 845 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Dell Technologies by 72.3% in the third quarter. Allworth Financial LP now owns 112,383 shares of the technology company’s stock valued at $60,456,000 after purchasing an additional 47,144 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Dell Technologies by 268.5% in the third quarter. Fisher Asset Management LLC now owns 12,487 shares of the technology company’s stock valued at $6,718,000 after purchasing an additional 9,098 shares during the period. Private Advisory Group LLC boosted its holdings in Dell Technologies by 255.2% during the third quarter. Private Advisory Group LLC now owns 8,553 shares of the technology company’s stock worth $4,601,000 after buying an additional 6,145 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Dell Technologies by 40.3% during the third quarter. Russell Investments Group Ltd. now owns 385,827 shares of the technology company’s stock worth $207,659,000 after buying an additional 110,756 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Down 0.5%

Shares of NYSE DELL opened at $371.83 on Friday. The stock has a market cap of $236.41 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 0.39 and a beta of 1.45. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The company’s 50-day moving average price is $496.81 and its 200 day moving average price is $341.25.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The firm 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 revenue for the quarter was up 57.7% on a year-over-year basis. During the same period last year, the firm posted $1.70 EPS. 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, research analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders 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 dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Insider Buying and Selling

In other Dell Technologies 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 owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 transaction, the director directly owned 73,185 shares of the company’s stock, 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. Over the last three months, insiders have sold 1,819,650 shares of company stock valued at $991,183,596. Corporate insiders own 41.50% of the company’s stock.

Key Dell Technologies News

Here’s some of the latest news about DELL:

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and increased spending plans from cloud customer CoreWeave support the outlook for AI infrastructure demand. Dell Has a $95 Billion AI Server Backlog. Is the Stock a Buy?
• Positive Sentiment: Dell and KIOXIA introduced a high-capacity 157-petabyte storage rack, while Dell also launched an AMD-powered AI coding platform—products aimed at enterprise data-center and AI workloads. Why Is Dell Technologies (DELL) Talking Up 157 PB Storage And AI Racks?
• Negative Sentiment: DELL declined alongside other AI-server stocks as reports that Nvidia’s board may consider CEO Jensen Huang’s departure unsettled the AI trade. The broad market reaction outweighed optimism around a large forecast for AI-server spending. Nvidia, Dell, Super Micro, Sandisk, and More Stocks That Explain Today’s Market

Analyst Ratings Changes

Several research analysts have weighed in on the stock. US Capital Advisors set a $625.00 target price on shares of Dell Technologies in a research report on Wednesday, September 2nd. Morgan Stanley increased their target price on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a report on Monday, September 21st. KeyCorp reissued a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Melius Research upped their price target on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Finally, Daiwa Securities Group lifted their price objective on Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a report on Friday, September 18th. 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.