Dell Technologies Inc. $DELL Stock Holdings Reduced by Hennessy Advisors Inc.

Hennessy Advisors Inc. cut its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 5.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,900 shares of the technology company’s stock after selling 4,000 shares during the period. Dell Technologies makes up 1.3% of Hennessy Advisors Inc.’s holdings, making the stock its 18th biggest holding. Hennessy Advisors Inc.’s holdings in Dell Technologies were worth $34,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Hoey Investments Inc. raised its stake in shares of Dell Technologies by 17.1% in the third quarter. Hoey Investments Inc. now owns 6,143 shares of the technology company’s stock valued at $3,305,000 after acquiring an additional 895 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Dell Technologies in the 3rd quarter valued at $45,098,000. ProShare Advisors LLC boosted its position in shares of Dell Technologies by 6.7% in the 3rd quarter. ProShare Advisors LLC now owns 58,769 shares of the technology company’s stock valued at $31,615,000 after purchasing an additional 3,713 shares during the period. Vise Technologies Inc. increased its holdings in shares of Dell Technologies by 7.7% in the 3rd quarter. Vise Technologies Inc. now owns 34,851 shares of the technology company’s stock valued at $18,748,000 after acquiring an additional 2,481 shares during the period. Finally, Investment Partners LTD. lifted its position in Dell Technologies by 48.0% during the 3rd quarter. Investment Partners LTD. now owns 1,048 shares of the technology company’s stock worth $564,000 after acquiring an additional 340 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on DELL shares. Melius Research upped their price target on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research note on Thursday, September 10th. They set an “outperform” rating and a $640.00 price objective on the stock. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft started coverage on Dell Technologies in a report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 target price on the stock. Finally, Daiwa Securities Group lifted their target price on shares of Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a report on Friday, September 18th. 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. According to data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s AI infrastructure business remains a key long-term support. Recent coverage highlighted accelerating storage growth, a reported $95 billion backlog and rising earnings estimates, while expanded AI security and cyber-resilience capabilities could strengthen its position against Cisco and Hewlett Packard Enterprise. Everpure vs. Dell: Which Data Storage Stock Is the Better Buy Now? DELL Expands AI Security Capabilities
• Neutral Sentiment: One report characterized Dell as a founder-led technology company with potential for continued innovation and global growth, but it does not introduce a new catalyst for the current session. Founder-Led Giants Redefining Technology and Global Market Growth
• Neutral Sentiment: A filing-related report said an account associated with Donald Trump sold as much as $1 million of Dell stock, despite his public comments encouraging purchases. The transaction may attract attention but is small relative to Dell’s market value and does not change the company’s fundamentals. Trump Filing Reveals Dell Stock Sale
• Negative Sentiment: Intel warned that memory shortages are constraining PC demand and that weakness could persist, hurting computer and server manufacturers. Dell fell alongside HP, Hewlett Packard Enterprise and Super Micro as investors priced in slower hardware demand and potential supply-cost pressure. Dell Sinks as Intel Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak fourth-quarter outlook, margin pressure and roughly 25% share-price reset reinforced concerns about a prolonged PC downturn. The read-through is negative for Dell’s traditional PC business, even though AI servers may continue to grow. Silicon Shock: Intel’s Valuation Reset
• Negative Sentiment: Investors are also questioning whether Dell’s rally has outpaced its fundamentals, citing sharply weaker cash flow and negative shareholders’ equity. Those concerns increase sensitivity to any slowdown in AI or broader hardware demand. The Next AI Stock to Break Out May Not Be on Most Investors’ Radar

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,819,650 shares of company stock valued at $991,183,596 over the last three months. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Trading Down 0.2%

DELL stock opened at $423.63 on Monday. The firm has a 50 day simple moving average of $513.74 and a 200-day simple moving average of $330.29. The company has a market capitalization of $269.35 billion, a P/E ratio of 24.59, a PEG ratio of 0.44 and a beta of 1.45. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $595.51.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the prior year, the business posted $1.70 EPS. The company’s revenue for the quarter was up 57.7% on a year-over-year basis. 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 predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Dell Technologies 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, 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.