Dell Technologies Inc. $DELL Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC raised its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 20.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,371 shares of the technology company’s stock after buying an additional 3,721 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Dell Technologies were worth $12,034,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP grew its position in shares of Dell Technologies by 140.1% during the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares in the last quarter. Bank of America Corp DE boosted its position in Dell Technologies by 7.6% in the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after purchasing an additional 1,011,101 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Dell Technologies by 70.2% during the first quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock worth $118,432,000 after purchasing an additional 297,500 shares in the last quarter. Quantinno Capital Management LP increased its holdings in shares of Dell Technologies by 73.4% in the first quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock valued at $71,946,000 after purchasing an additional 185,527 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Dell Technologies by 126.0% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 224,671 shares of the technology company’s stock valued at $36,875,000 after acquiring an additional 125,257 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Insider Activity

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of Dell Technologies stock in a transaction on Friday, October 9th. The stock was sold at an average price of $586.40, for a total value of $1,055,520.00. Following the completion of the transaction, the director owned 1,404,569 shares in the company, valued at approximately $823,639,261.60. The trade was a 0.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $582.30, for a total transaction of $14,845,156.20. Following the transaction, the director owned 22,686 shares in the company, valued at $13,210,057.80. The trade was a 52.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,817,628 shares of company stock worth $990,253,476. 41.50% of the stock is currently owned by insiders.

Dell Technologies Stock Performance

Shares of Dell Technologies stock traded up $9.30 on Tuesday, reaching $464.74. The stock had a trading volume of 3,227,351 shares, compared to its average volume of 8,283,627. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The stock has a market cap of $295.49 billion, a P/E ratio of 26.95, a price-to-earnings-growth ratio of 0.47 and a beta of 1.37. The business’s 50-day moving average price is $514.49 and its two-hundred day moving average price is $396.96.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion during 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 company’s quarterly revenue was up 57.7% on a year-over-year basis. During the same quarter last 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. As a group, equities analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal 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 paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DELL. TD Cowen lifted their price objective on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a research report on Tuesday, September 29th. The Goldman Sachs Group reissued a “buy” rating on shares of Dell Technologies in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Dell Technologies in a research report on Thursday, September 3rd. They set a “hold” rating and a $480.00 price target on the stock. Morgan Stanley boosted their target price on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research note on Monday, September 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Key Dell Technologies News

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

• Positive Sentiment: AI server stocks, including Dell, rallied broadly as investors rotated back into last week’s technology-market losers. The recovery suggests that concerns about AI demand may have been overstated, though debate over memory prices and profit margins continues. AI Server Stocks Rally as Last Week’s Selloff Reverses
• Positive Sentiment: Dell and Nvidia backed a $200 million funding round for AI model developer doubleAI. The investment strengthens Dell’s association with emerging AI workloads and could help support future demand for servers and related infrastructure. Nvidia, Dell back $200M round for AI model developer doubleAI
• Positive Sentiment: A broader market rebound in AI shares, together with the view that the AI buildout is still in its early stages, provided a favorable backdrop for Dell’s AI server business. Analysts cited substantial future spending on computing, networking, power and cooling infrastructure. The AI Buildout Is Only 15% Complete
• Neutral Sentiment: Dell is collaborating with PureCS to enhance cybersecurity services in the United Arab Emirates. The agreement may expand Dell’s channel and enterprise-services reach, but the near-term financial impact was not disclosed. PureCS, Dell Technologies collaborate to enhance cybersecurity services in UAE
• Negative Sentiment: Investors remain concerned that shortages of memory chips and other components could constrain Dell’s ability to fulfill AI-server demand or compress margins. With the stock’s large prior-year gain, its valuation assumes continued strong sales growth, leaving it vulnerable if supply constraints or demand expectations weaken. What Could Derail Dell 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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.