2,773 Dell Technologies Inc. $DELL Shares Sold by WASHINGTON TRUST Co

WASHINGTON TRUST Co decreased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 2.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,657 shares of the technology company’s stock after selling 2,773 shares during the period. Dell Technologies comprises about 1.6% of WASHINGTON TRUST Co’s portfolio, making the stock its 18th largest holding. WASHINGTON TRUST Co’s holdings in Dell Technologies were worth $53,610,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. XXI Wealth LLC raised its stake in Dell Technologies by 2.9% during the third quarter. XXI Wealth LLC now owns 7,118 shares of the technology company’s stock worth $3,829,000 after acquiring an additional 203 shares during the period. Yousif Capital Management LLC boosted its stake in Dell Technologies by 2.0% in the third quarter. Yousif Capital Management LLC now owns 28,138 shares of the technology company’s stock valued at $15,137,000 after acquiring an additional 546 shares during the period. BIP Wealth LLC acquired a new position in Dell Technologies in the third quarter valued at approximately $296,000. MBL Wealth LLC bought a new position in shares of Dell Technologies during the third quarter valued at approximately $290,000. Finally, Sharkey Howes & Javer grew its holdings in shares of Dell Technologies by 2.1% during the third quarter. Sharkey Howes & Javer now owns 2,810 shares of the technology company’s stock valued at $1,512,000 after purchasing an additional 59 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were 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 of the company’s stock, valued at approximately $13,210,057.80. This trade represents a 52.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the business’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the sale, the director owned 1,404,569 shares in the company, valued at $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,817,628 shares of company stock valued at $990,253,476. Corporate insiders own 41.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DELL shares. Barclays downgraded Dell Technologies from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $603.00 to $574.00 in a report on Wednesday, October 14th. Truist Financial boosted their price objective on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report on Wednesday, September 2nd. Susquehanna restated a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. Sanford C. Bernstein increased their target price on Dell Technologies from $500.00 to $650.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. Finally, Morgan Stanley raised their target price on Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research note on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and comparatively lower valuation were highlighted as advantages over Applied Digital, strengthening the investment case for Dell as AI infrastructure spending continues. DELL vs. APLD: Which AI-Infrastructure Stock Looks More Attractive?
• Positive Sentiment: Dell introduced new AI Factory hardware with NVIDIA, reinforcing its positioning as a supplier of complete AI computing systems and countering recent concerns about slowing enterprise demand. Dell Unveiled New AI Servers
• Positive Sentiment: Texas Athletics, Dell, Google Cloud and SHI International launched the Bevo Lab, an AI and analytics platform that expands Dell’s technology visibility in higher education and sports research. The deal is strategically positive but unlikely to materially affect near-term earnings. Texas Athletics and McCombs Launch Bevo Lab
• Neutral Sentiment: Dell rose alongside other AI-server stocks as the sector stabilized, although Hewlett Packard Enterprise outperformed Dell and Super Micro was little changed. The move suggests broader sector sentiment rather than a Dell-specific announcement. AI Server Peers Market Update
• Negative Sentiment: The previous session’s steep decline reflected profit-taking, technology-sector weakness and reported supply-chain concerns. Barclays’ recent downgrade, based partly on doubts about enterprise AI demand, continues to weigh on sentiment and may contribute to volatility. Dell Stock Drops in Tech Sell-Off

Dell Technologies Trading Up 0.9%

DELL traded up $3.94 during trading hours on Friday, hitting $456.89. The company’s stock had a trading volume of 4,327,247 shares, compared to its average volume of 6,786,579. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The firm has a market capitalization of $290.49 billion, a PE ratio of 26.52, a PEG ratio of 0.47 and a beta of 1.37. The company has a 50-day simple moving average of $513.41 and a 200 day simple moving average of $403.55.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the previous year, the business earned $1.70 EPS. The firm’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. Research analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors 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 is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

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.