6,145 Dell Technologies Inc. $DELL Shares Bought by Private Advisory Group LLC

Private Advisory Group LLC raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 255.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,553 shares of the technology company’s stock after purchasing an additional 6,145 shares during the period. Private Advisory Group LLC’s holdings in Dell Technologies were worth $4,601,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Russell Investments Group Ltd. increased its position in Dell Technologies by 40.3% in the third quarter. Russell Investments Group Ltd. now owns 385,827 shares of the technology company’s stock worth $207,659,000 after buying an additional 110,756 shares during the period. Everest Financial Group LLC increased its position in Dell Technologies by 5.0% in the 3rd quarter. Everest Financial Group LLC now owns 22,868 shares of the technology company’s stock valued at $12,302,000 after acquiring an additional 1,098 shares during the period. Werba Rubin Papier Wealth Management increased its position in Dell Technologies by 15.8% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 710 shares of the technology company’s stock valued at $382,000 after acquiring an additional 97 shares during the period. Welch Financial Planning LLC bought a new stake in shares of Dell Technologies during the third quarter valued at about $275,000. Finally, CENTRAL TRUST Co raised its position in shares of Dell Technologies by 49.3% during the 3rd quarter. CENTRAL TRUST Co now owns 2,718 shares of the technology company’s stock worth $1,462,000 after buying an additional 897 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Piper Sandler restated an “overweight” rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. Melius Research boosted their price objective on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Royal Bank Of Canada started coverage on shares of Dell Technologies in a research note on Thursday, September 10th. They set an “outperform” rating and a $640.00 price objective for the company. Barclays cut shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $603.00 to $574.00 in a report on Wednesday, October 14th. Finally, Morgan Stanley lifted their target price on shares of Dell Technologies from $499.00 to $511.00 and gave the stock an “equal weight” rating in a research report on Monday, September 21st. One equities research 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $569.96.

Trending Headlines about Dell Technologies

Investors following DELL have been watching these headlines:

• Positive Sentiment: Dell and KIOXIA introduced a high-capacity 157-petabyte storage rack, while Dell also launched an AMD-powered AI coding platform—products aimed at enterprise data-center and AI workloads. Why Is Dell Technologies (DELL) Talking Up 157 PB Storage And AI Racks?
• Neutral Sentiment: Dell plans a $12 million renovation at its Austin campus. The coverage offered no clear indication of a material effect on earnings or operations. Texas Tech giant plans $12M renovation at Austin campus
• Negative Sentiment: DELL declined alongside other AI-server stocks as reports that Nvidia’s board may consider CEO Jensen Huang’s departure unsettled the AI trade. The broad market reaction outweighed optimism around a large forecast for AI-server spending. Nvidia, Dell, Super Micro, Sandisk, and More Stocks That Explain Today’s Market

Dell Technologies Stock Down 0.5%

DELL stock opened at $371.83 on Friday. The company has a 50 day moving average of $496.81 and a two-hundred day moving average of $341.25. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The company has a market cap of $236.41 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 0.39 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the business posted $1.70 earnings per share. Dell Technologies’s revenue for the quarter 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, research analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.

Insider Activity

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction dated 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 trade represents a 53.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction dated 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 of the company’s stock, 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. Over the last ninety days, insiders sold 1,819,650 shares of company stock worth $991,183,596. Insiders own 41.50% of the company’s stock.

About Dell Technologies

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations. The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.