Dell Technologies Inc. $DELL Stock Holdings Lessened by Monte Financial Group LLC

Monte Financial Group LLC trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL) by 25.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,408 shares of the technology company’s stock after selling 2,935 shares during the quarter. Monte Financial Group LLC’s holdings in Dell Technologies were worth $4,523,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of DELL. Bank of America Corp DE increased its holdings in Dell Technologies by 7.6% during the 1st 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 raised its position in Dell Technologies by 140.1% during the 2nd 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. Robeco Institutional Asset Management B.V. lifted its holdings in Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock worth $350,288,000 after buying an additional 337,836 shares during the period. NewEdge Advisors LLC lifted its holdings in Dell Technologies by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock worth $207,355,000 after buying an additional 22,924 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of 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 last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DELL. Evercore reissued an “outperform” rating and set a $650.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 9th. Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. Daiwa Securities Group increased their price target on shares of Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. Weiss Ratings cut shares of Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Finally, Piper Sandler reissued an “overweight” rating and set a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 44,408 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the transaction, the director owned 43,740 shares in the company, valued at approximately $25,469,802. This represents a 50.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $460.00, for a total transaction of $930,120.00. Following the completion of the transaction, the director owned 25,686 shares in the company, valued at approximately $11,815,560. This represents a 7.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,819,650 shares of company stock worth $991,183,596 in the last ninety days. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Trading Down 15.2%

Shares of NYSE:DELL opened at $315.83 on Friday. The stock has a fifty day simple moving average of $507.68 and a two-hundred day simple moving average of $335.34. The stock has a market capitalization of $200.81 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 0.39 and a beta of 1.45. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51.

Dell Technologies (NYSE:DELL) last released 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 business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same period in the previous year, the company posted $1.70 earnings per share. The company’s revenue for the quarter 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. As a group, equities research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

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

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: A Zacks article identifies Dell as a Strong Buy, citing demand for AI infrastructure and semiconductors. Another analysis argues that the selloff has eased valuation concerns despite expectations for solid growth. Zacks article Barchart analysis
• Positive Sentiment: Dell’s AI server backlog and expanded cybersecurity offerings for AI workloads could strengthen its role in enterprise AI infrastructure, supporting the longer-term growth case. Yahoo Finance article
• Negative Sentiment: The post-midterm selloff in AI hardware continued, with Dell among the steeply declining server stocks. Reports point to investor concern that a new political landscape and local resistance could slow data-center projects; UBS estimates that nearly a third of planned U.S. capacity for 2028 could be delayed if construction pauses spread. The Motley Fool article
• Negative Sentiment: Broader weakness in chip and tech stocks added pressure. Coverage cited memory-shortage concerns and disappointing outlooks elsewhere in the semiconductor industry, though those issues were not specifically tied to data-center demand. TIKR article

Dell Technologies 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.