2,005 Dell Technologies Inc. $DELL Shares Acquired by North Dakota State Investment Board

North Dakota State Investment Board grew its holdings in Dell Technologies Inc. (NYSE:DELL) by 18.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,013 shares of the technology company’s stock after purchasing an additional 2,005 shares during the quarter. North Dakota State Investment Board’s holdings in Dell Technologies were worth $7,000,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Collective Family Office LLC boosted its stake in shares of Dell Technologies by 1.5% during the third quarter. Collective Family Office LLC now owns 1,299 shares of the technology company’s stock valued at $699,000 after purchasing an additional 19 shares in the last quarter. North Star Investment Management Corp. increased its holdings in Dell Technologies by 0.3% during the third quarter. North Star Investment Management Corp. now owns 6,992 shares of the technology company’s stock valued at $3,761,000 after buying an additional 21 shares during the period. Cornerstone Financial Management LLC raised its stake in Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares in the last quarter. Beaumont Financial Advisors LLC raised its stake in Dell Technologies by 0.3% in the third quarter. Beaumont Financial Advisors LLC now owns 8,713 shares of the technology company’s stock worth $4,687,000 after buying an additional 24 shares in the last quarter. Finally, Noble Wealth Management PBC raised its stake in Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell is scheduled to report third-quarter earnings, with analysts expecting triple-digit year-over-year EPS growth. A strong result or upbeat outlook could reinforce confidence in the company’s AI infrastructure momentum. What You Need to Know Ahead of Dell Technologies Earnings Release
• Positive Sentiment: Dell’s AI-server business exited the latest quarter with a reported record $95 billion backlog, supporting the long-term growth narrative. The company is also expanding cybersecurity, identity, storage and resilience offerings for AI environments, while introducing new AI-focused PCs. Why Is Dell Stock Soaring Today
• Neutral Sentiment: Investors are comparing Dell with Advanced Micro Devices, which has secured major AI-GPU agreements with OpenAI and Meta. The comparison highlights Dell’s strength in end-to-end infrastructure, but also underscores intense competition for AI-related capital. Advanced Micro Devices vs. Dell Technologies
• Neutral Sentiment: Director Lynn Vojvodich Radakovich sold 2,022 shares for approximately $930,120 under a pre-arranged Rule 10b5-1 plan. The transaction modestly reduces insider ownership but does not necessarily signal deteriorating business expectations. Dell Director Stock Sale
• Negative Sentiment: Barclays previously downgraded Dell on concerns that higher memory prices, rather than accelerating enterprise AI demand, may be driving revenue growth. That raises questions about margins, cash generation and whether AI demand is strong enough to justify the stock’s elevated valuation. Dell Stock Sinks After Barclays Downgrade
• Negative Sentiment: Options-market positioning points to a potential settlement near $480 by November 20, suggesting near-term traders remain cautious after Dell’s sharp advance. Dell Max Pain Points to $480

Dell Technologies Stock Down 1.7%

Shares of Dell Technologies stock opened at $493.25 on Thursday. The firm’s 50 day moving average price is $513.18 and its 200-day moving average price is $327.00. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51. The company has a market cap of $313.62 billion, a P/E ratio of 28.63, a PEG ratio of 0.47 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the previous year, the business posted $1.70 EPS. Dell Technologies’s revenue 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. As a group, equities research analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

Insiders Place Their Bets

In other 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 value of $47,176,751.94. Following the completion of 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 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 value of $42,942,324.04. Following the completion of the sale, the director directly owned 73,185 shares of the company’s stock, valued at $37,861,527.90. The trade was a 53.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,819,650 shares of company stock worth $991,183,596. Insiders own 41.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DELL. Piper Sandler reaffirmed an “overweight” rating and set a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Melius Research lifted their price target on Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Mizuho boosted their price target on Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 6th. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, JPMorgan Chase & Co. upped their price objective on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

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.