Net Worth Advisory Group Sells 2,130 Shares of Dell Technologies Inc. $DELL

Net Worth Advisory Group trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL) by 49.4% during the third quarter, HoldingsChannel reports. The firm owned 2,185 shares of the technology company’s stock after selling 2,130 shares during the quarter. Net Worth Advisory Group’s holdings in Dell Technologies were worth $1,184,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP increased 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 acquiring an additional 1,474,347 shares during the period. Bank of America Corp DE boosted its holdings 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 valued at $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Renaissance Technologies LLC boosted its holdings in Dell Technologies by 70.2% in the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock valued at $118,432,000 after purchasing an additional 297,500 shares during the period. Quantinno Capital Management LP grew its position in shares of Dell Technologies by 73.4% during the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock worth $71,946,000 after purchasing an additional 185,527 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Dell Technologies by 126.0% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 224,671 shares of the technology company’s stock worth $36,875,000 after purchasing an additional 125,257 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

More Dell Technologies News

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

• Positive Sentiment: AI-server rebound: Dell joined a broader recovery in AI infrastructure stocks as investors rotated back into last week’s laggards. The rebound followed a sharp sector sell-off and helped restore some confidence in demand for AI servers. AI Server Stocks Rally as Last Week’s Selloff Reverses
• Positive Sentiment: Investment in AI ecosystem: Dell and Nvidia are backing a $200 million funding round for AI-model developer doubleAI. The investment reinforces Dell’s ties to the expanding AI infrastructure and software ecosystem, although the direct financial impact is not yet clear. Nvidia, Dell back $200M round for AI model developer doubleAI
• Positive Sentiment: Cybersecurity collaboration: Dell is collaborating with PureCS to enhance cybersecurity services in the UAE, potentially supporting enterprise demand and expanding Dell’s solutions presence in the region. PureCS, Dell Technologies collaborate to enhance cybersecurity services in UAE
• Neutral Sentiment: Market sentiment improved broadly: The wider AI trade recovered as last week’s decliners led a market rebound, providing a favorable backdrop for Dell but not changing the company’s fundamental outlook. The AI Trade Is Working Again
• Negative Sentiment: Ongoing AI valuation and margin concerns: Dell remains exposed to the continuing AI-stock sell-off. Barclays reportedly warned that recent server revenue growth may reflect elevated component costs rather than broad-based enterprise AI adoption, raising questions about margins and the durability of demand. Why Dell Technologies Stock Took a Dive Last Week

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s 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 $33,217,884.06. This trade represents a 58.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the sale, the director owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,817,628 shares of company stock valued at $990,253,476 over the last quarter. Company insiders own 41.50% of the company’s stock.

Analysts Set New Price Targets

DELL has been the subject of a number of analyst reports. Piper Sandler reiterated an “overweight” rating and issued a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Daiwa Securities Group boosted their price target on Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a research note on Friday, September 18th. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Bank of America lifted their price objective on Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a report on Monday, August 31st. One research 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Trading Up 0.7%

Shares of Dell Technologies stock opened at $454.79 on Tuesday. The firm’s 50 day moving average is $514.49 and its 200 day moving average is $396.96. The firm has a market capitalization of $289.16 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 0.47 and a beta of 1.37. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is presently 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.