Dell Technologies Inc. $DELL Shares Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. increased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 7.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 16,702 shares of the technology company’s stock after buying an additional 1,222 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Dell Technologies were worth $8,985,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Plato Investment Management Ltd purchased a new stake in shares of Dell Technologies during the second quarter worth about $5,913,000. Gabelli Funds LLC lifted its stake 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 worth $7,565,000 after acquiring an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Dell Technologies in the first quarter worth about $5,930,000. Envestnet Portfolio Solutions Inc. boosted its holdings in Dell Technologies by 71.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after purchasing an additional 2,576 shares during the last quarter. Finally, Weiss Asset Management LP boosted its holdings in Dell Technologies by 20.5% in the first quarter. Weiss Asset Management LP now owns 25,130 shares of the technology company’s stock valued at $4,125,000 after purchasing an additional 4,274 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DELL. Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a research note on Thursday, September 3rd. They set a “hold” rating and a $480.00 price objective for the company. Citigroup upped their target price on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. US Capital Advisors set a $625.00 target price on Dell Technologies in a research note on Wednesday, September 2nd. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target for the company in a research report on Wednesday, September 2nd. Finally, Susquehanna restated a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell was selected as a core AI infrastructure partner for Honeywell’s Forge Cognition platform, alongside NVIDIA. The partnership could expand Dell’s enterprise and industrial AI exposure through deployments at data centers and edge locations. Dell Lands Core AI Infrastructure Role in New Industrial Platform
• Positive Sentiment: Commentary continues to point to strong AI-server demand and a record backlog. CEO Michael Dell’s expectation that memory shortages could persist for several years underscores the scale of AI infrastructure demand, although it also creates supply and cost risks. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
• Neutral Sentiment: Dell says its just-in-time manufacturing and customer-funded model could reduce inventory and balance-sheet exposure if AI spending slows. The strategy may limit downside in a downturn, but it also signals that investors are increasingly focused on the possibility of an AI investment slowdown. Michael Dell Has Tips to Beat an AI Bust
• Negative Sentiment: Barclays downgraded Dell to Equal Weight from Overweight, arguing that the stock’s valuation has risen sharply while evidence of a broad enterprise-AI spending inflection remains limited. The downgrade contributed to continued selling after Dell’s major rally. Barclays Downgrades Dell Technologies
• Negative Sentiment: Investors are questioning whether AI-server revenue growth is being driven by durable demand or elevated memory and component prices. Higher costs could pressure margins and reduce the earnings benefit of rising sales. Dell Stock’s Stellar Year Hits a Snag
• Negative Sentiment: AI hardware stocks broadly weakened amid concerns about how customers are financing massive infrastructure projects, while hotter inflation increased pressure on high-growth technology valuations. Dell’s recent insider sales added another source of investor caution. AI Financing Worries Extend Hardware Selloff

Insider Activity

In other news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $14,845,156.20. Following the transaction, the director directly owned 22,686 shares in the company, valued at approximately $13,210,057.80. This trade represents a 52.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the sale, the director directly owned 43,740 shares of the company’s stock, valued at approximately $25,469,802. This represents a 50.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,817,628 shares of company stock valued at $990,253,476 over the last quarter. 41.50% of the stock is owned by company insiders.

Dell Technologies Stock Down 4.8%

NYSE:DELL traded down $22.71 during trading hours on Friday, reaching $450.68. 8,365,510 shares of the stock were exchanged, compared to its average volume of 7,358,615. The firm has a 50 day simple moving average of $514.56 and a 200-day simple moving average of $393.30. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The stock has a market capitalization of $286.55 billion, a P/E ratio of 26.16, a P/E/G ratio of 0.49 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter last year, the firm earned $1.70 EPS. The business’s revenue 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, analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Dell Technologies Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.