China Universal Asset Management Co. Ltd. Acquires 3,167 Shares of Dell Technologies Inc. $DELL

China Universal Asset Management Co. Ltd. raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 175.9% during the third quarter, HoldingsChannel reports. The fund owned 4,967 shares of the technology company’s stock after purchasing an additional 3,167 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Dell Technologies were worth $2,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. BOKF NA boosted its holdings in shares of Dell Technologies by 18.4% in the third quarter. BOKF NA now owns 7,605 shares of the technology company’s stock worth $4,091,000 after acquiring an additional 1,183 shares during the period. North Dakota State Investment Board grew its position in shares of Dell Technologies by 18.2% in the third quarter. North Dakota State Investment Board now owns 13,013 shares of the technology company’s stock valued at $7,000,000 after purchasing an additional 2,005 shares in the last quarter. North Star Investment Management Corp. raised its stake in shares of Dell Technologies by 0.3% during the 3rd quarter. North Star Investment Management Corp. now owns 6,992 shares of the technology company’s stock valued at $3,761,000 after purchasing an additional 21 shares during the period. Beacon Bank & Trust bought a new stake in shares of Dell Technologies during the 3rd quarter valued at $257,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Dell Technologies during the 3rd quarter worth about $58,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Raymond James Financial raised their target price on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Susquehanna reiterated a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. Wells Fargo & Company increased their price target on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Truist Financial raised their price objective on shares of Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report on Wednesday, September 2nd. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Dell Technologies in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Stock Performance

Dell Technologies stock opened at $475.81 on Friday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The stock has a market cap of $302.52 billion, a P/E ratio of 27.62, a PEG ratio of 0.51 and a beta of 1.37. The firm’s fifty day moving average price is $513.95 and its 200-day moving average price is $328.78.

Dell Technologies (NYSE:DELL) last posted 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 negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter last year, the company earned $1.70 earnings per share. The firm’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 predict that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

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

Insider Activity

In related news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $586.40, for a total value of $1,055,520.00. Following the sale, the director directly owned 1,404,569 shares of the company’s stock, valued at $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Egon Durban sold 1,850 shares of Dell Technologies stock in a transaction that occurred on 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 sale, the director owned 1,405,236 shares of the company’s stock, valued at approximately $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,819,650 shares of company stock worth $991,183,596. Company insiders own 41.50% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s AI server business remains the primary bullish catalyst. The company reportedly exited its July quarter with a record $95 billion AI server backlog, while storage growth and upward earnings-estimate revisions are strengthening its position in enterprise infrastructure. Everpure vs. Dell: Which Data Storage Stock is the Better Buy Now?
• Positive Sentiment: The company expanded its cybersecurity and resilience offerings for AI environments, including security for AI infrastructure, identity platforms and storage. New AI PCs and post-quantum cryptography capabilities could broaden Dell’s addressable market and improve its competitive standing against Cisco and Hewlett Packard Enterprise. Dell Technologies Strengthens Cybersecurity and Resilience Across AI Environments
• Positive Sentiment: Investors are preparing for Dell’s upcoming quarterly report, with analysts anticipating triple-digit year-over-year EPS growth. Earlier results also showed strong execution, including revenue growth of 57.7% and an EPS beat. What You Need to Know Ahead of Dell Technologies’ Earnings Release

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.