Dell Technologies Inc. $DELL Stock: Garner Asset Management Corp Reduces Position

Garner Asset Management Corp trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL) by 9.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,597 shares of the technology company’s stock after selling 1,697 shares during the period. Dell Technologies accounts for approximately 2.8% of Garner Asset Management Corp’s portfolio, making the stock its 7th largest holding. Garner Asset Management Corp’s holdings in Dell Technologies were worth $8,390,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE raised its position 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 period. Wellington Management Group LLP boosted its holdings in Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after buying an additional 1,474,347 shares during the period. Dimensional Fund Advisors LP boosted its holdings 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 worth $157,869,000 after buying an additional 27,668 shares during the period. Swiss National Bank grew its stake in Dell Technologies by 4.7% in the 1st quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock valued at $152,806,000 after buying an additional 41,700 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Dell Technologies by 5.8% in the first quarter. Amundi now owns 845,709 shares of the technology company’s stock worth $138,806,000 after acquiring an additional 46,240 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction dated 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 completion of the sale, the director owned 64,209 shares in the company, valued at approximately $33,217,884.06. This trade represents a 58.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction dated 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,819,650 shares of company stock worth $991,183,596 over the last 90 days. Corporate insiders own 41.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DELL. Citigroup lifted their price target on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. TD Cowen increased their price objective on Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a report on Tuesday, September 29th. UBS Group restated an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dell Technologies in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein upped their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. One equities research 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.com, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Price Performance

DELL opened at $408.18 on Wednesday. The company has a fifty day moving average price of $512.25 and a 200-day moving average price of $333.10. The firm has a market capitalization of $259.53 billion, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 0.41 and a beta of 1.45. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51.

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. 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 quarter 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. On average, 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 announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell introduced cybersecurity and resilience capabilities for AI environments, including quantum-safe encryption and identity-resilience tools. The offerings aim to address security needs for customers running critical AI workloads. Dell Technologies Unveiled New Cybersecurity Tools For AI Environments
• Positive Sentiment: Dell and CrowdStrike announced integrated security for Dell’s AI Factory with NVIDIA, extending CrowdStrike protection across AI infrastructure, workloads, agents, and applications. The partnership could strengthen Dell’s enterprise AI offering. CrowdStrike and Dell Announce Integrated AI Security
• Positive Sentiment: AI-server stocks bounced after a steep decline, lifting Dell alongside peers. Another report described Dell as a relatively inexpensive AI stock, citing a forward earnings multiple of about 13 times; this may have encouraged bargain-seeking investors. AI Server Stocks Bounce Dell: A Top Cheap AI Stock
• Neutral Sentiment: A separate analysis highlighted Dell’s revenue growth, free-cash-flow generation, and reported $95 billion backlog as potential longer-term supports, though these points have not removed near-term concerns about demand and margins. Dell Technologies vs. Intel
• Negative Sentiment: Recent weakness reflects worries that rising memory prices and tight supply could constrain PC demand. An investor cited Dell’s sharply higher inventory as evidence that chip supply may be catching up with demand, while a trading article noted the stock had recently reached a two-month low. Dell Inventory and Chip Supply Bearish Dell Options Trade

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.