Andra AP fonden Boosts Stake in Dell Technologies Inc. $DELL

Andra AP fonden lifted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 16.0% in the second quarter, Holdings Channel reports. The firm owned 86,168 shares of the technology company’s stock after purchasing an additional 11,900 shares during the period. Andra AP fonden’s holdings in Dell Technologies were worth $37,178,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Dell Technologies during the fourth quarter worth approximately $23,332,000. Plato Investment Management Ltd bought a new position in Dell Technologies during the 2nd quarter valued at $5,913,000. Gabelli Funds LLC grew its holdings in Dell Technologies by 49.0% during the 1st 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. MUFG Securities EMEA plc increased its position in shares of Dell Technologies by 112.9% in the 4th quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock worth $1,555,000 after purchasing an additional 6,553 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Dell Technologies by 24.6% in the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after purchasing an additional 1,090,336 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 73,185 shares of the company’s stock, valued at $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. This represents a 58.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,083,958 shares of company stock worth $1,065,770,229 in the last ninety days. 41.50% of the stock is owned by corporate insiders.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s AI momentum remains the main bullish catalyst. Its AI customer base reportedly exceeds 6,500, with enterprise, sovereign-AI and neocloud demand contributing to record orders and an approximately $95 billion backlog. Dell Rides on Growing AI Clientele
• Positive Sentiment: Morgan Stanley described Dell as well positioned to benefit from increasing on-premises AI deployments, supporting the company’s data-center growth outlook. Dell Best Positioned for On-Premises AI Growth
• Positive Sentiment: Dell joined the S&P 100, which could increase institutional visibility. The company also launched the premium XPS Googlebook, powered by Qualcomm’s Snapdragon X Elite and integrated with Google Gemini, broadening its AI-focused client-device portfolio. Dell Introduces XPS Googlebook
• Neutral Sentiment: DELL recently reached a 52-week high, demonstrating strong momentum, but the rapid advance has increased investor focus on whether further gains are supported by fundamentals. Dell Hits Fresh High
• Negative Sentiment: Morgan Stanley raised its price target to $511 from $499 but maintained an Equalweight rating. The target remains below recent trading levels, suggesting limited upside in the firm’s base case. Morgan Stanley Adjusts Dell Price Target
• Negative Sentiment: Dell’s CFO, general counsel and Silver Lake-affiliated directors disclosed sizable stock sales near recent highs. Although the sellers retained meaningful positions, the transactions may reinforce concerns that insiders view the valuation as attractive for taking profits. Dell Insider Selling
• Negative Sentiment: Bearish commentary has highlighted significant downside risk if AI-server growth, margins or expectations fail to justify Dell’s elevated valuation. Dell Downside Analysis

Dell Technologies Price Performance

DELL stock traded down $25.02 on Tuesday, reaching $550.29. The company’s stock had a trading volume of 4,686,320 shares, compared to its average volume of 8,417,135. The firm has a fifty day moving average of $467.48 and a two-hundred day moving average of $342.96. The company has a market capitalization of $349.88 billion, a P/E ratio of 31.95, a price-to-earnings-growth ratio of 0.59 and a beta of 1.34. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

Dell Technologies (NYSE:DELL) last posted 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 analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business’s revenue was up 57.7% on a year-over-year basis. During the same period last year, the firm posted $1.70 earnings per share. 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 analysts expect that Dell Technologies Inc. will post 25.14 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies’s payout ratio is 14.63%.

Analysts Set New Price Targets

A number of research firms recently commented on DELL. KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a research report on Wednesday, September 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. TD Cowen upped their target price on Dell Technologies from $450.00 to $500.00 and gave the company a “hold” rating in a report on Wednesday, September 2nd. Finally, Truist Financial increased their price target on Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $560.72.

About Dell Technologies

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.