Providence First Trust Co Acquires 2,679 Shares of Dell Technologies Inc. $DELL

Providence First Trust Co bought a new position in Dell Technologies Inc. (NYSE:DELL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,679 shares of the technology company’s stock, valued at approximately $1,441,000.

Other large investors have also recently added to or reduced their stakes in the company. Asset One Wealth Management LLC boosted its position in shares of Dell Technologies by 3.4% during the third quarter. Asset One Wealth Management LLC now owns 1,002 shares of the technology company’s stock worth $539,000 after buying an additional 33 shares during the period. Heritage Family Offices LLP acquired a new stake in Dell Technologies in the 3rd quarter valued at approximately $396,000. Calamos Wealth Management LLC acquired a new stake in Dell Technologies in the 3rd quarter valued at approximately $863,000. Calamos Advisors LLC lifted its stake in Dell Technologies by 3,072.5% in the 3rd quarter. Calamos Advisors LLC now owns 14,752 shares of the technology company’s stock valued at $7,936,000 after acquiring an additional 14,287 shares in the last quarter. Finally, Alta Advisers Ltd lifted its stake in Dell Technologies by 69.7% in the 3rd quarter. Alta Advisers Ltd now owns 2,085 shares of the technology company’s stock valued at $1,122,000 after acquiring an additional 856 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Price Performance

DELL stock traded up $12.11 during mid-day trading on Friday, reaching $329.02. The company had a trading volume of 8,587,422 shares, compared to its average volume of 6,660,394. The company has a market capitalization of $209.19 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 0.41 and a beta of 1.45. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The stock has a 50 day simple moving average of $504.83 and a two-hundred day simple moving average of $336.43.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the prior year, the business posted $1.70 EPS. The business’s 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. On average, equities analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Dell Technologies News Summary

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

• Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
• Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
• Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Morgan Stanley upped their price target on Dell Technologies from $499.00 to $511.00 and gave the stock an “equal weight” rating in a research report on Monday, September 21st. Evercore reissued an “outperform” rating and issued a $650.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 9th. Barclays cut shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $603.00 to $574.00 in a report on Wednesday, October 14th. KeyCorp reaffirmed a “sector weight” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Finally, TD Cowen lifted their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the company a “hold” rating in a research note on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Insider Activity

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. The trade was a 58.68% 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 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 transaction of $42,942,324.04. Following the completion of the sale, the director directly owned 73,185 shares in the company, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,819,650 shares of company stock worth $991,183,596 over the last 90 days. 41.50% of the stock is owned by company insiders.

Dell Technologies Company Profile

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.