1,695 Shares of Dell Technologies Inc. $DELL Bought by Summit Global Investments

Summit Global Investments purchased a new stake in Dell Technologies Inc. (NYSE:DELL) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,695 shares of the technology company’s stock, valued at approximately $912,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DELL. Bank of America Corp DE lifted its position in Dell Technologies by 7.6% in the first 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 increased 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 worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Dimensional Fund Advisors LP increased its position in Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock worth $157,869,000 after purchasing an additional 27,668 shares during the period. Swiss National Bank raised its stake in shares of Dell Technologies by 4.7% during the 1st quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock worth $152,806,000 after buying an additional 41,700 shares in the last quarter. Finally, Amundi raised its stake in shares of Dell Technologies by 5.8% during the 1st quarter. Amundi now owns 845,709 shares of the technology company’s stock worth $138,806,000 after buying an additional 46,240 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s 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 $47,176,751.94. Following the completion of the sale, the director owned 64,209 shares in the company, valued at $33,217,884.06. This trade represents a 58.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Spv-2 L.P. Sl sold 83,006 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 $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares of the company’s stock, valued at $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Morgan Stanley raised their target price on Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a report on Monday, September 21st. Wells Fargo & Company upped their price target on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Sanford C. Bernstein increased their price target on shares of Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. TD Cowen raised their price objective on shares of Dell Technologies from $500.00 to $550.00 and gave the company a “hold” rating in a research note on Tuesday, September 29th. Finally, Bank of America boosted their price objective on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $569.96.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analysts remain optimistic about Dell’s longer-term outlook, citing strong revenue growth, substantial free-cash-flow generation and a reported backlog of roughly $95 billion. One analysis suggests the recent decline may create significant upside if Dell converts that backlog into revenue and earnings. Dell Crashed by 20% Over The Last Month: A Respected Wall Street Analyst Says 65% Gains Are Incoming
• Positive Sentiment: Dell and CrowdStrike announced integrated cybersecurity protection for the Dell AI Factory with NVIDIA. The offering is designed to secure AI infrastructure, workloads, agents and applications, potentially strengthening Dell’s enterprise AI proposition and creating additional services opportunities. CrowdStrike and Dell Technologies Announce Integrated AI Security for the Dell AI Factory with NVIDIA
• Positive Sentiment: A comparison with Intel presents Dell as the stronger near-term investment, emphasizing its hybrid enterprise model, revenue momentum and free cash flow versus Intel’s loss-making, capital-intensive foundry turnaround. Dell Technologies vs. Intel: Which Technology Stock Is a Better Buy for 2027?
• Neutral Sentiment: Investors are preparing for Dell’s third-quarter earnings, with market attention likely to center on AI-server demand, backlog conversion, margins and forward guidance. Refreshing Thoughts Ahead Of Dell’s Q3 Earnings
• Negative Sentiment: Dell declined alongside Super Micro Computer and Hewlett Packard Enterprise as investors extended a selloff in AI-server stocks ahead of Super Micro’s earnings report. The move indicates sector-wide concerns about elevated valuations, demand expectations or the pace of AI infrastructure spending. Super Micro Drops 5% Ahead of Earnings as AI Server Selloff Extends; Dell Falls 4%, HPE Slides 3%

Dell Technologies Stock Down 7.7%

DELL opened at $391.74 on Tuesday. The firm has a market cap of $249.07 billion, a P/E ratio of 22.74, a PEG ratio of 0.51 and a beta of 1.37. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The business’s fifty day simple moving average is $512.74 and its 200 day simple moving average is $331.65.

Dell Technologies (NYSE:DELL) last announced 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. 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 for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. 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. As a group, equities analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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

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.