Dell Technologies Inc. $DELL Shares Purchased by SteelPeak Wealth LLC

SteelPeak Wealth LLC lifted its stake in Dell Technologies Inc. (NYSE:DELL) by 145.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,753 shares of the technology company’s stock after purchasing an additional 10,510 shares during the period. SteelPeak Wealth LLC’s holdings in Dell Technologies were worth $9,550,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Noble Wealth Management PBC lifted 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 valued at $25,000 after buying an additional 25 shares in the last quarter. Cornerstone Financial Management LLC boosted its position in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after buying an additional 23 shares during the period. Premier Financial Group bought a new position in Dell Technologies in the 2nd quarter worth about $34,000. Portus Wealth Advisors LLC bought a new position in Dell Technologies in the 1st quarter worth about $35,000. Finally, Byrne Asset Management LLC bought a new position in Dell Technologies in the 2nd quarter worth about $38,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $450.68 on Friday. The stock has a market cap of $286.55 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 0.47 and a beta of 1.37. The firm’s 50-day moving average is $514.56 and its two-hundred day moving average is $393.30. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the previous year, the business posted $1.70 EPS. The company’s quarterly 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, equities analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DELL. Sanford C. Bernstein lifted their price target on shares of Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. Wells Fargo & Company boosted their price target on Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a report on Friday, August 14th. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. Piper Sandler reissued an “overweight” rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Barclays downgraded Dell Technologies from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $603.00 to $574.00 in a report on Wednesday. One investment 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 stock. According to data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction on 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 sale, the director owned 64,209 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,817,628 shares of company stock worth $990,253,476. 41.50% of the stock is currently owned by corporate insiders.

Key Dell Technologies News

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

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, 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.