Dell Technologies Inc. $DELL Shares Sold by Steamboat Capital Partners LLC

Steamboat Capital Partners LLC decreased its stake in Dell Technologies Inc. (NYSE:DELL) by 34.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 39,540 shares of the technology company’s stock after selling 21,111 shares during the quarter. Dell Technologies accounts for about 3.6% of Steamboat Capital Partners LLC’s investment portfolio, making the stock its 7th largest holding. Steamboat Capital Partners LLC’s holdings in Dell Technologies were worth $17,060,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DELL. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the fourth quarter worth $25,000. Rossby Financial LCC raised its position in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares during the period. Cornerstone Financial Management LLC lifted its stake in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after acquiring an additional 23 shares in the last quarter. Navalign LLC acquired a new stake in Dell Technologies during the 4th quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Dell Technologies in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on DELL. Piper Sandler reaffirmed an “overweight” rating and set a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Fox Advisors upgraded shares of 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. Morgan Stanley lifted their target price on shares of Dell Technologies from $434.00 to $499.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 2nd. CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Finally, Raymond James Financial increased their price objective on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $553.79.

Dell Technologies Trading Up 1.7%

Shares of Dell Technologies stock opened at $533.27 on Wednesday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $538.47. The company’s fifty day simple moving average is $443.55 and its 200-day simple moving average is $316.11. The company has a market cap of $345.62 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 0.54 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its 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 firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the prior year, the company earned $1.70 EPS. The business’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, research analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

More Dell Technologies News

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

• Positive Sentiment: Record AI server orders of $60.9 billion helped drive quarterly revenue to $46.97 billion, while earnings of $7.04 per share exceeded the $4.91 consensus estimate. The results reinforce expectations for rapid growth in AI-related infrastructure. Dell Q2 2027 Earnings Call Transcript
• Positive Sentiment: Coverage emphasizes that Dell is benefiting from an “on-premise” AI buildout, as enterprises install servers and AI systems internally rather than relying exclusively on public cloud providers. This broadens the potential demand opportunity beyond hyperscale data centers. Dell’s latest reinvention and on-premise AI
• Positive Sentiment: Analysts and financial commentators continue to raise Dell’s profile as a leading AI infrastructure investment, citing surging earnings, strong demand and the company’s roughly $95 billion AI backlog. Wall Street optimism has supported the stock’s recent momentum. Wall Street raises Dell targets after earnings
• Neutral Sentiment: Dell’s consumer PC business is also expanding with the lower-priced Dell 14S laptop, supported by improving PC demand. However, competition from HP and Apple limits the significance of this opportunity relative to the much larger AI server business. Dell expands consumer PC reach
• Negative Sentiment: At roughly $524 per share after a gain of more than 300% over the past year, valuation and execution risk are becoming more important. Investors are questioning how much of the AI backlog will convert into revenue and profitable margins, while the stock’s proximity to its high leaves less room for disappointment. Is Dell Making Money Where You Think It Is?

Insider Activity at Dell Technologies

In related news, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $438.21, for a total transaction of $886,060.62. Following the sale, the director directly owned 25,267 shares of the company’s stock, valued at $11,072,252.07. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction dated 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 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. Insiders have sold a total of 1,248,199 shares of company stock worth $558,352,352 in the last three months. Corporate insiders own 41.50% of the company’s stock.

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, 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.