Artemis Investment Management LLP Lowers Holdings in Dell Technologies Inc. $DELL

Artemis Investment Management LLP trimmed its holdings in Dell Technologies Inc. (NYSE:DELL) by 5.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,455 shares of the technology company’s stock after selling 10,157 shares during the period. Artemis Investment Management LLP’s holdings in Dell Technologies were worth $93,848,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the period. Wellington Management Group LLP lifted its position in 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 worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Deutsche Bank AG grew its stake in Dell Technologies by 24.6% during the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after buying an additional 1,090,336 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Dell Technologies by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock valued at $207,355,000 after buying an additional 22,924 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Dell Technologies by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after acquiring an additional 27,668 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Melius Research boosted their target price on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Mizuho upped their price objective on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a research report on Tuesday. Sanford C. Bernstein raised their target price on shares of Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a research note on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $571.12.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Analyst upgrade supports the stock. Dell shares climbed after an analyst upgrade, adding to recent optimism about the company’s AI-server growth and valuation. The bullish view follows reported AI-server orders of $60.9 billion, $16.4 billion in AI-server revenue and a $95 billion backlog. Dell Technologies Shares Climb on Analyst Upgrade
• Positive Sentiment: AI demand remains the central catalyst. Dell’s AI-server business has helped transform the company from a slower-growth PC maker into a major AI infrastructure provider. Recent coverage highlights sharply higher fiscal 2027 guidance, stronger profitability and a large backlog, while Dell’s expanded AI Data Platform is intended to improve enterprise data orchestration, security and NVIDIA-powered workload performance. Can Dell Turn Its New AI Data Platform Into a Durable Competitive Advantage?
• Positive Sentiment: New AI-focused PCs and workstations broaden Dell’s opportunity. Dell, NVIDIA and Microsoft introduced Windows PCs and workstations designed for agentic-AI development, including new XPS and workstation products using NVIDIA technology. The launch could strengthen Dell’s positioning across both enterprise infrastructure and premium computing. Dell Technologies Drives the Agentic AI Era with New Windows PCs and Workstations
• Neutral Sentiment: Industry growth estimates remain favorable. Research projects the global hyper-converged infrastructure market will grow at a 23.3% annual rate through 2032, potentially benefiting Dell’s enterprise hardware and infrastructure businesses. The report is an industry forecast rather than a new Dell contract or financial update. Hyper-Converged Infrastructure Global Strategic Business Report
• Negative Sentiment: Profit-taking is weighing on server stocks. Super Micro Computer declined as investors locked in gains, while Dell and HPE also dipped or lagged sector peers. The move signals caution that Dell’s AI-driven rally may be extended, particularly with the stock near its 52-week high and having already delivered extraordinary multi-year returns. Profit Taking Unwinds Server Rally; Dell and Hewlett Packard Enterprise Dip

Dell Technologies Price Performance

NYSE DELL traded down $5.19 on Thursday, reaching $573.77. The company had a trading volume of 2,805,981 shares, compared to its average volume of 8,288,252. The firm has a market cap of $364.81 billion, a price-to-earnings ratio of 33.31, a P/E/G ratio of 0.59 and a beta of 1.37. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The business has a 50 day moving average of $501.03 and a two-hundred day moving average of $376.99.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. The firm 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 period in the previous year, the business 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, research analysts predict that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction that occurred on 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 transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the sale, the director owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,570,174 shares of company stock valued at $847,037,343. Company insiders own 41.50% of the company’s stock.

About Dell Technologies

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.