Dell Technologies Inc. $DELL Stock Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its holdings in Dell Technologies Inc. (NYSE:DELL) by 40.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 385,827 shares of the technology company’s stock after acquiring an additional 110,756 shares during the quarter. Russell Investments Group Ltd. owned about 0.06% of Dell Technologies worth $207,659,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DELL. Everest Financial Group LLC increased its stake in Dell Technologies by 5.0% in the third quarter. Everest Financial Group LLC now owns 22,868 shares of the technology company’s stock valued at $12,302,000 after purchasing an additional 1,098 shares during the last quarter. Werba Rubin Papier Wealth Management raised its holdings in Dell Technologies by 15.8% during the third quarter. Werba Rubin Papier Wealth Management now owns 710 shares of the technology company’s stock worth $382,000 after purchasing an additional 97 shares in the last quarter. Welch Financial Planning LLC purchased a new stake in shares of Dell Technologies during the 3rd quarter worth approximately $275,000. CENTRAL TRUST Co lifted 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 during the last quarter. Finally, King Luther Capital Management Corp lifted its position in shares of Dell Technologies by 46.7% during the 3rd quarter. King Luther Capital Management Corp now owns 1,631 shares of the technology company’s stock worth $877,000 after buying an additional 519 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Down 0.5%

DELL opened at $371.83 on Friday. The firm has a market cap of $236.41 billion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 0.39 and a beta of 1.45. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The business’s 50 day moving average is $496.81 and its two-hundred day moving average is $341.25.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 earnings per share. 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. 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 announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s payout ratio is presently 14.63%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the firm’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the transaction, the director directly owned 1,404,569 shares of the company’s stock, valued at approximately $823,639,261.60. This trade represents a 0.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Spv-2 L.P. Sl sold 44,408 shares of Dell Technologies stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the completion of the transaction, the director owned 43,740 shares in the company, valued at approximately $25,469,802. This represents a 50.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,819,650 shares of company stock worth $991,183,596 over the last 90 days. Company insiders own 41.50% of the company’s stock.

Key Headlines Impacting Dell Technologies

These are some of the DELL headlines that stood out recently:

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and increased spending plans from cloud customer CoreWeave support the outlook for AI infrastructure demand. Dell Has a $95 Billion AI Server Backlog. Is the Stock a Buy?
• Positive Sentiment: The University of Alabama is deploying Dell high-performance computing, AI and data infrastructure, providing a customer win for the company’s enterprise offerings. Dell Technologies announces UA is deploying Dell HPC, AI, data infrastructure
• 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?

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DELL. Bank of America upped their target price on shares of Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a report on Monday, August 31st. Wells Fargo & Company lifted 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. Weiss Ratings cut shares of Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, November 3rd. Raymond James Financial boosted their price target on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Finally, UBS Group restated an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. 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 stock. According to data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Company Profile

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.