Mirae Asset Global Investments Co. Ltd. Purchases 83,833 Shares of Dell Technologies Inc. $DELL

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Dell Technologies Inc. (NYSE:DELL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 83,833 shares of the technology company’s stock, valued at approximately $45,098,000.

A number of other hedge funds have also modified their holdings of the stock. Noble Wealth Management PBC raised its holdings in Dell Technologies by 113.6% during the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares during the period. Cornerstone Financial Management LLC raised its holdings in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after acquiring an additional 23 shares during the period. Premier Financial Group acquired a new stake in shares of Dell Technologies during the second quarter valued at approximately $34,000. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies in the 2nd quarter valued at approximately $38,000. Finally, Atwood & Palmer Inc. lifted its position in shares of Dell Technologies by 860.0% in the 2nd quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock valued at $41,000 after acquiring an additional 86 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,819,650 shares of company stock valued at $991,183,596. Insiders own 41.50% of the company’s stock.

Analyst Ratings Changes

DELL has been the topic of several recent analyst reports. Piper Sandler reissued an “overweight” rating and set a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Daiwa Securities Group increased their price objective on Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. Wells Fargo & Company raised their price objective on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Finally, US Capital Advisors set a $625.00 target price on Dell Technologies in a research note 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 given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Stock Performance

Shares of NYSE DELL opened at $423.63 on Monday. The stock has a market cap of $269.35 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 0.44 and a beta of 1.45. The business has a 50 day simple moving average of $513.74 and a 200 day simple moving average of $330.29. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. Dell Technologies’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. On average, analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were issued a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio is 14.63%.

More Dell Technologies News

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

• Positive Sentiment: Dell’s AI infrastructure business remains a key long-term support. Recent coverage highlighted accelerating storage growth, a reported $95 billion backlog and rising earnings estimates, while expanded AI security and cyber-resilience capabilities could strengthen its position against Cisco and Hewlett Packard Enterprise. Everpure vs. Dell: Which Data Storage Stock Is the Better Buy Now? DELL Expands AI Security Capabilities
• Neutral Sentiment: One report characterized Dell as a founder-led technology company with potential for continued innovation and global growth, but it does not introduce a new catalyst for the current session. Founder-Led Giants Redefining Technology and Global Market Growth
• Neutral Sentiment: A filing-related report said an account associated with Donald Trump sold as much as $1 million of Dell stock, despite his public comments encouraging purchases. The transaction may attract attention but is small relative to Dell’s market value and does not change the company’s fundamentals. Trump Filing Reveals Dell Stock Sale
• Negative Sentiment: Intel warned that memory shortages are constraining PC demand and that weakness could persist, hurting computer and server manufacturers. Dell fell alongside HP, Hewlett Packard Enterprise and Super Micro as investors priced in slower hardware demand and potential supply-cost pressure. Dell Sinks as Intel Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak fourth-quarter outlook, margin pressure and roughly 25% share-price reset reinforced concerns about a prolonged PC downturn. The read-through is negative for Dell’s traditional PC business, even though AI servers may continue to grow. Silicon Shock: Intel’s Valuation Reset
• Negative Sentiment: Investors are also questioning whether Dell’s rally has outpaced its fundamentals, citing sharply weaker cash flow and negative shareholders’ equity. Those concerns increase sensitivity to any slowdown in AI or broader hardware demand. The Next AI Stock to Break Out May Not Be on Most Investors’ Radar

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.