Foster Victor Wealth Advisors LLC Sells 17,925 Shares of Dell Technologies Inc. $DELL

Foster Victor Wealth Advisors LLC cut its position in Dell Technologies Inc. (NYSE:DELL) by 45.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,313 shares of the technology company’s stock after selling 17,925 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Dell Technologies were worth $11,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of DELL. Plato Investment Management Ltd bought a new position in Dell Technologies in the 2nd quarter worth approximately $5,913,000. Kercheville Advisors LLC grew its holdings in Dell Technologies by 13.6% during the 3rd quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock valued at $10,113,000 after buying an additional 2,250 shares in the last quarter. 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 valued at $7,565,000 after buying an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of Dell Technologies during the first quarter valued at approximately $5,930,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Dell Technologies by 71.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after buying an additional 2,576 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Daiwa Securities Group upped their target price on shares of Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research report on Friday, September 18th. Bank of America raised their target price on shares of Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price target on the stock. Melius Research boosted their price target on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Citigroup increased their price objective on shares of Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. One investment 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’s stock. According to data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the stock in a transaction on Friday, October 9th. The shares were sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the completion of the transaction, the director owned 1,404,569 shares in the company, valued at $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the transaction, the director owned 43,740 shares of the company’s stock, valued at $25,469,802. This trade represents a 50.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,817,628 shares of company stock valued at $990,253,476 over the last quarter. 41.50% of the stock is currently owned by insiders.

Dell Technologies Price Performance

NYSE:DELL opened at $486.29 on Thursday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The stock’s 50 day simple moving average is $514.95 and its two-hundred day simple moving average is $401.21. The company has a market cap of $309.19 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 0.48 and a beta of 1.37.

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 the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

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

Dell Technologies News Roundup

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

• Positive Sentiment: Super Micro’s stronger outlook lifted the AI-server group. Super Micro raised its preliminary fiscal first-quarter revenue forecast to $18.5 billion-$19.5 billion, approximately $4 billion above its prior midpoint, and projected gross margins of 12%-12.5%. The update provided fresh evidence of robust AI infrastructure demand and supported Dell and other server makers. Why Is Dell Stock Surging Wednesday?
• Positive Sentiment: Dell expanded its AI Factory platform with NVIDIA. New offerings span deskside agentic-AI systems, workstations and data-center infrastructure designed to help enterprises move AI from testing into production. Dell said its AI Factory customer base has grown to more than 6,500 from 5,000 in the prior quarter, strengthening the investment case for its AI-server backlog and ecosystem. Dell Technologies Advances Enterprise Agentic AI from the Deskside to Data Center with NVIDIA
• Positive Sentiment: Management emphasized supply availability as a competitive advantage. Dell said that, in the tight AI market, access to components and delivery capacity may matter more than price, suggesting demand remains strong enough for customers to prioritize timely deployment. In a tight AI market, Dell says supply matters more than price
• Positive Sentiment: Dell reportedly raised its dividend by 20% for the fourth consecutive year, adding to shareholder-return support and signaling confidence in cash generation. Dell Technologies raises its dividend 20% for the fourth year running
• Neutral Sentiment: Former Dell CFO Yvonne McGill joined Sourceability’s board. The appointment highlights her industry experience but has limited direct financial impact on Dell. Sourceability Appoints Yvonne McGill to Its Board
• Negative Sentiment: Barclays recently downgraded Dell, arguing that its valuation has outpaced the pace of enterprise AI adoption. Investors also remain concerned about memory and other component shortages, as well as debt risks among AI infrastructure customers such as CoreWeave. Dell Stock Got Hit by a Downgrade

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.