53,298 Dell Technologies Inc. $DELL Shares Sold by Ninety One UK Ltd

Ninety One UK Ltd trimmed its position in Dell Technologies Inc. (NYSE:DELL) by 14.9% in the 3rd quarter, Holdings Channel reports. The firm owned 304,358 shares of the technology company’s stock after selling 53,298 shares during the quarter. Ninety One UK Ltd’s holdings in Dell Technologies were worth $163,729,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Noble Wealth Management PBC grew its position in Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares in the last quarter. Cornerstone Financial Management LLC raised its holdings in shares of 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 acquiring an additional 23 shares in the last quarter. Premier Financial Group purchased a new stake in shares of Dell Technologies in the 2nd quarter valued at about $34,000. Portus Wealth Advisors LLC bought a new stake in shares of Dell Technologies during the 1st quarter valued at about $35,000. Finally, Byrne Asset Management LLC bought a new stake in shares of Dell Technologies during the 2nd quarter valued at about $38,000. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 44,408 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the transaction, the director owned 43,740 shares in the company, valued at approximately $25,469,802. The trade was a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Egon Durban sold 1,850 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the transaction, the director directly owned 1,405,236 shares of the company’s stock, valued at approximately $770,631,422.40. This trade represents a 0.13% 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 1,817,628 shares of company stock worth $990,253,476 over the last ninety days. 41.50% of the stock is owned by company insiders.

Dell Technologies Trading Down 8.6%

Shares of NYSE:DELL traded down $43.51 on Thursday, reaching $464.43. 9,825,938 shares of the company traded hands, compared to its average volume of 8,282,731. The stock has a market capitalization of $295.29 billion, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 0.59 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 50-day simple moving average is $513.95 and its 200 day simple moving average is $390.78.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the previous year, the firm earned $1.70 EPS. The business’s quarterly revenue was up 57.7% on a year-over-year basis. 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. Sell-side analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders 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 annualized dividend and a yield of 0.5%. Dell Technologies’s dividend payout ratio is presently 14.63%.

More Dell Technologies News

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

• Positive Sentiment: CEO Michael Dell said AI demand remains strong and that memory and semiconductor supplies could stay constrained through 2029 or 2030. Persistent supply tightness could support long-term demand for Dell’s AI servers and infrastructure. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
• Positive Sentiment: Dell is partnering with Honeywell and NVIDIA on Forge Cognition, an agentic-AI platform for buildings and industrial facilities. The project broadens Dell’s potential enterprise-AI opportunity beyond hyperscale data centers. Honeywell Launches Forge Cognition AI Platform With Nvidia and Dell Technologies
• Neutral Sentiment: Dell’s latest reported quarter showed strong operating momentum, with revenue up 57.7% year over year and EPS of $7.04 versus the $4.91 consensus estimate. However, investors are now focused more heavily on forward demand, margins and valuation than on past results.
• Neutral Sentiment: Silver Lake-related entities reported several large stock sales at prices near $582, reducing some positions but retaining substantial ownership. The transactions may reflect portfolio management, although the lack of insider purchases adds to the cautious tone. SEC ownership filing
• Negative Sentiment: Barclays cut Dell to Equal Weight from Overweight, arguing that the stock’s valuation had risen too far and that there was not yet a meaningful enterprise-AI demand inflection. Reports cited a lower price target, including $574 in one account, which pressured the shares after their substantial rally. Dell stock plunges after Barclays downgrade
• Negative Sentiment: Investors are questioning whether Dell’s AI-server backlog represents durable demand or is partly being driven by elevated memory and component prices. A richer AI-system mix could also create margin pressure, limiting the earnings benefit of strong revenue growth. Why Dell’s stock was one of the S&P 500’s biggest laggards
• Negative Sentiment: A hotter inflation report increased concerns about higher-for-longer interest rates, adding macro pressure to high-growth technology stocks and intensifying the broader AI-sector sell-off. AI stocks drop after hot inflation report

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DELL. Raymond James Financial raised their target price on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. US Capital Advisors set a $625.00 price target on shares of Dell Technologies in a research note on Wednesday, September 2nd. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a report on Thursday, September 10th. They issued an “outperform” rating and a $640.00 price target on the stock. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target on the stock in a report on Wednesday, September 2nd. Finally, 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 report on Tuesday, September 29th. 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.