Dell Technologies Inc. $DELL Shares Acquired by Saudi Central Bank

Saudi Central Bank lifted its position in Dell Technologies Inc. (NYSE:DELL) by 80.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,086 shares of the technology company’s stock after purchasing an additional 9,377 shares during the period. Saudi Central Bank’s holdings in Dell Technologies were worth $9,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new position in Dell Technologies in the fourth quarter valued at $25,000. Rossby Financial LCC boosted its stake in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after acquiring an additional 184 shares in the last quarter. Navalign LLC acquired a new stake in shares of Dell Technologies during the 4th quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies in the 4th quarter valued at about $29,000. Finally, WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Trading Up 1.8%

NYSE:DELL opened at $525.66 on Friday. The stock has a 50 day moving average of $439.28 and a two-hundred day moving average of $308.94. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $534.99. The firm has a market cap of $340.68 billion, a P/E ratio of 30.51, a price-to-earnings-growth ratio of 0.75 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The business 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 business’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, research analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed 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 is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Dell Technologies News Roundup

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

• Positive Sentiment: AI demand remains the primary catalyst. Dell reported record AI-server orders and a roughly $95 billion backlog, supporting expectations for sustained data-center growth. Broad enterprise IT-refresh demand is providing an additional tailwind. DELL Stock Hits 52-Week High: Does it Have More Room to Run?
• Positive Sentiment: The latest earnings beat reset expectations higher. Dell posted quarterly revenue of $46.97 billion, up 57.7% year over year and above the $44.89 billion consensus. Adjusted earnings of $7.04 per share exceeded estimates by $2.13, while management raised its fiscal outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
• Positive Sentiment: Analyst support strengthened. Goldman Sachs increased its price target by $60, while JPMorgan raised its target to $635. Other firms, including UBS, Morgan Stanley and TD Cowen, also expressed constructive views, reinforcing bullish sentiment around Dell’s AI-server opportunity. Goldman Sachs resets Dell stock price target by $60
• Positive Sentiment: Dell is increasingly viewed as a potential major AI beneficiary because its growth is being supported by reported customer orders and revenue rather than expectations alone. Its performance has also helped validate the broader AI infrastructure trade. Bank of America sees upside in surging AI stock
• Neutral Sentiment: Valuation and execution are becoming more important. After a sharp 2026 rally and a move near its 52-week high, investors are debating whether the backlog can translate into profitable growth at current expectations.
• Negative Sentiment: Some commentary cautions that Dell’s margins, supply availability and ability to convert the backlog into cash flow could limit further upside. The stock’s substantial gains also increase the risk of profit-taking or consolidation if future results merely meet, rather than exceed, elevated expectations. Dell Just Jumped 16% and One Strategist Says That Is the Whole Tech Argument Right Now

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Wells Fargo & Company raised their price objective on Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a report on Friday, August 14th. The Goldman Sachs Group upped their target price on Dell Technologies from $510.00 to $570.00 and gave the stock a “buy” rating in a research note on Wednesday. Truist Financial increased their target price on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report on Wednesday. Citic Securities lifted their price target on shares of Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, Guggenheim raised shares of Dell Technologies to a “buy” rating in a report on Monday, June 1st. One equities 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. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and an average price target of $553.79.

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $438.21, for a total transaction of $886,060.62. Following the sale, the director directly owned 25,267 shares of the company’s stock, valued at approximately $11,072,252.07. This represents a 7.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,527,629 shares of company stock worth $619,325,485. Company insiders own 41.50% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.