3,441 Dell Technologies Inc. $DELL Shares Purchased by Leuthold Group LLC

Leuthold Group LLC boosted its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 11.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 33,663 shares of the technology company’s stock after buying an additional 3,441 shares during the period. Dell Technologies accounts for 1.6% of Leuthold Group LLC’s investment portfolio, making the stock its 5th largest holding. Leuthold Group LLC’s holdings in Dell Technologies were worth $18,109,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Collective Family Office LLC increased its position 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 worth $699,000 after acquiring an additional 19 shares during the period. North Star Investment Management Corp. grew its stake in Dell Technologies by 0.3% during the 3rd quarter. North Star Investment Management Corp. now owns 6,992 shares of the technology company’s stock worth $3,761,000 after purchasing an additional 21 shares in the last quarter. Cornerstone Financial Management LLC increased its holdings in Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares during the period. Beaumont Financial Advisors LLC raised its position in Dell Technologies by 0.3% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 8,713 shares of the technology company’s stock valued at $4,687,000 after purchasing an additional 24 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its position in Dell Technologies by 5.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 469 shares of the technology company’s stock valued at $252,000 after purchasing an additional 24 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’s AI momentum is supported by strong server demand, a reported $95 billion backlog and raised FY2027 guidance. These factors underpin the stock’s longer-term growth case, although investors will look for execution to sustain it. Article: DELL Rallies 130% in a Year: Can AI Momentum Fuel More Gains?
• Positive Sentiment: Dell expanded cyber-recovery capabilities aimed at protecting AI and identity systems, adding to its offerings in areas that may benefit from growing enterprise technology needs. Article: Dell expands cyber recovery to protect AI and identity systems
• Positive Sentiment: A collaboration with Dubai Electricity and Water Authority to improve smart-infrastructure resilience could provide a further showcase for Dell’s technology in infrastructure projects. Article: DEWA, Dell Technologies collaborate to enhance smart infrastructure resilience
• Negative Sentiment: Despite the AI growth story, Dell and other AI hardware stocks recently suffered a sharp selloff, giving back a significant portion of earlier gains. Upcoming earnings and cash-flow results may determine whether a recovery is sustainable. Article: Dell and HPE Were AI Winners Until the Selloff. Can Earnings Put Them Back on Track?

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $346.50 on Tuesday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $595.51. The firm has a market capitalization of $220.30 billion, a P/E ratio of 20.11, a P/E/G ratio of 0.39 and a beta of 1.45. The company’s fifty day moving average price is $502.66 and its 200 day moving average price is $337.59.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results 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 firm 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%. Dell Technologies’s revenue for the quarter was up 57.7% on a year-over-year basis. 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. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a $0.63 dividend. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.7%. Dell Technologies’s dividend payout ratio is presently 14.63%.

Insider Activity at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the 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 transaction, the director directly owned 1,404,569 shares in the company, valued at approximately $823,639,261.60. This represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Egon Durban sold 1,850 shares of the firm’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the completion of the sale, the director directly owned 1,405,236 shares in the company, valued at $770,631,422.40. This represents a 0.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

DELL has been the subject of a number of analyst reports. Citigroup boosted their price objective on Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price on the stock in a report on Wednesday, September 2nd. Barclays downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $603.00 to $574.00 in a research note on Wednesday, October 14th. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price target for the company. Finally, Cantor Fitzgerald initiated coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating on the stock. One research 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies 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.