Waverly Advisors LLC Sells 1,217 Shares of Dell Technologies Inc. $DELL

Waverly Advisors LLC lessened its holdings in Dell Technologies Inc. (NYSE:DELL) by 13.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,823 shares of the technology company’s stock after selling 1,217 shares during the period. Waverly Advisors LLC’s holdings in Dell Technologies were worth $3,375,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new stake in shares of Dell Technologies during the 4th quarter worth about $25,000. Rossby Financial LCC raised its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares in the last quarter. Cornerstone Financial Management LLC lifted its holdings in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares during the last quarter. Navalign LLC acquired a new stake in Dell Technologies in the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Dell Technologies during the fourth quarter worth approximately $29,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Raymond James Financial lifted 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. Citic Securities upped their price objective on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Truist Financial raised their target price on shares of Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research note on Wednesday, September 2nd. Roth Capital initiated coverage on shares of Dell Technologies in a research report on Friday, May 29th. They set a “buy” rating for the company. Finally, Wolfe Research cut shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. One 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $560.24.

Dell Technologies Trading Up 11.8%

Shares of Dell Technologies stock opened at $566.62 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $567.75. The company’s fifty day simple moving average is $451.44 and its 200-day simple moving average is $323.46. The company has a market cap of $367.23 billion, a price-to-earnings ratio of 32.89, a PEG ratio of 0.52 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 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the prior year, the company earned $1.70 EPS. The business’s quarterly revenue was up 57.7% compared to the same quarter last year. 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. As a group, research analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, October 20th. 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: 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 at Dell Technologies

In related news, Director Silver Lake Partners V. De (Aiv sold 27,629 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $540.39, for a total transaction of $14,930,435.31. Following the transaction, the director directly owned 24,488 shares in the company, valued at $13,233,070.32. The trade was a 53.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CMO Jane Tunnell sold 5,436 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $523.51, for a total value of $2,845,800.36. Following the completion of the transaction, the chief marketing officer directly owned 41,539 shares of the company’s stock, valued at approximately $21,746,081.89. This trade represents a 11.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,432,945 shares of company stock valued at $694,663,063 over the last quarter. Company insiders own 41.50% of the company’s stock.

About Dell Technologies

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.