Dell Technologies Inc. $DELL Position Decreased by Waverly Advisors LLC

Waverly Advisors LLC reduced its holdings in Dell Technologies Inc. (NYSE:DELL) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,823 shares of the technology company’s stock after selling 1,217 shares during the quarter. Waverly Advisors LLC’s holdings in Dell Technologies were worth $3,375,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank OZK bought a new position in shares of Dell Technologies in the second quarter valued at $259,000. Empirical Finance LLC bought a new stake in shares of Dell Technologies during the 2nd quarter worth $589,000. Nykredit A S acquired a new position in shares of Dell Technologies in the 2nd quarter worth $41,150,000. Parkside Financial Bank & Trust raised its position in shares of Dell Technologies by 13.8% during the second quarter. Parkside Financial Bank & Trust now owns 1,129 shares of the technology company’s stock worth $487,000 after purchasing an additional 137 shares during the period. Finally, Range Advisory LLC acquired a new stake in shares of Dell Technologies during the second quarter worth $391,000. 76.37% of the stock is owned by institutional investors and hedge funds.

More Dell Technologies News

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
• Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
• Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
• Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling

Insider Buying and Selling

In related news, Director Silver Lake Partners Iv, L.P. sold 1,900 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $534.45, for a total transaction of $1,015,455.00. Following the completion of the sale, the director directly owned 1,397,035 shares in the company, valued at approximately $746,645,355.75. This trade represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 27,629 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $540.39, for a total value of $14,930,435.31. Following the completion of the transaction, the director owned 24,488 shares in the company, valued at $13,233,070.32. This trade represents a 53.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,432,945 shares of company stock worth $694,663,063. Insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Bank of America increased their price target on Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Daiwa Securities Group upped their price objective on shares of Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Barclays raised their target price on shares of Dell Technologies from $550.00 to $603.00 and gave the stock an “overweight” rating in a report on Wednesday, September 2nd. Royal Bank Of Canada began coverage on shares of Dell Technologies in a report on Thursday. They set an “outperform” rating and a $640.00 price target on the stock. Finally, Truist Financial upped their price target 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. 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, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $560.24.

Dell Technologies Trading Up 11.8%

Shares of NYSE DELL opened at $566.62 on Friday. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $567.75. The business has a 50-day moving average price of $451.44 and a two-hundred day moving average price of $323.46. The firm has a market capitalization of $367.23 billion, a PE ratio of 32.89, a PEG ratio of 0.52 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last issued its earnings results 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 for the quarter, compared to the consensus estimate 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 quarterly revenue was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. Research analysts anticipate that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. Dell Technologies’s dividend payout ratio is presently 14.63%.

Dell Technologies Company 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.