Dell Technologies Inc. $DELL Position Boosted by Retirement Systems of Alabama

Retirement Systems of Alabama lifted its position in Dell Technologies Inc. (NYSE:DELL) by 4.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 63,394 shares of the technology company’s stock after acquiring an additional 2,622 shares during the quarter. Retirement Systems of Alabama’s holdings in Dell Technologies were worth $34,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Clear Wave Wealth Management LLC purchased a new stake in shares of Dell Technologies during the 3rd quarter worth about $211,000. Joseph Group Capital Management grew its position in shares of Dell Technologies by 31.4% during the 3rd quarter. Joseph Group Capital Management now owns 138 shares of the technology company’s stock valued at $74,000 after acquiring an additional 33 shares during the period. Fulcrum Asset Management LLP acquired a new stake in shares of Dell Technologies during the 3rd quarter valued at about $1,190,000. Allspring Global Investments Holdings LLC increased its stake in shares of Dell Technologies by 35.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 24,048 shares of the technology company’s stock valued at $13,028,000 after purchasing an additional 6,234 shares in the last quarter. Finally, Accuvest Global Advisors purchased a new position in shares of Dell Technologies in the 3rd quarter valued at about $735,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $460.00, for a total transaction of $930,120.00. Following the completion of the transaction, the director owned 25,686 shares of the company’s stock, valued at $11,815,560. This represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a legal 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 44,408 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 43,740 shares in the company, valued at approximately $25,469,802. This trade represents a 50.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,819,650 shares of company stock worth $991,183,596 in the last quarter. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Stock Down 3.6%

Shares of NYSE DELL opened at $333.81 on Wednesday. The firm has a market cap of $212.24 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 0.36 and a beta of 1.45. The company’s 50-day simple moving average is $500.18 and its 200-day simple moving average is $338.68. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51.

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

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, October 20th. Dell Technologies’s payout ratio is 14.63%.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s AI-server growth remains a potential support: a recent report points to strong AI demand, a $95 billion backlog and raised fiscal 2027 guidance. DELL Rallies 130% in a Year: Can AI Momentum Fuel More Gains?
• Neutral Sentiment: Dell will discuss its fiscal third-quarter 2027 results on a public webcast on Nov. 24; the announcement is a scheduled event, not a new financial update. Dell Technologies to Hold Conference Call Nov. 24
• Negative Sentiment: AI-server stocks sold off alongside Nvidia, dragging Dell lower. Reports also point to fears about possible restrictions or a moratorium affecting Texas data-center development, which could weigh on expectations for AI infrastructure demand. Dell Sinks 12% in a Week on Texas Data Center Fears
• Negative Sentiment: Analyst downgrades and valuation concerns are adding to caution after Dell’s sharp run-up. Investors are also watching weaker PC-demand forecasts and memory-cost pressure, which could challenge the company’s non-AI business and margins. Dell Falls as Downgrade Pressure and Weak PC Demand Concerns Weigh on Sentiment
• Negative Sentiment: The same report highlights substantial insider selling in recent months, which may reinforce investor concerns about near-term upside. Insider and market sentiment analysis

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DELL shares. Weiss Ratings cut Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, November 3rd. Raymond James Financial increased their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective on the stock in a report on Wednesday, September 2nd. Evercore restated an “outperform” rating and issued a $650.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 9th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research note on Thursday, September 3rd. They set a “hold” rating and a $480.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

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.