Three Seasons Wealth LLC Purchases New Holdings in Dell Technologies Inc. $DELL

Posted by Stanley Muller on Sep 5th, 2026

Dell Technologies logo Three Seasons Wealth LLC acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,316 shares of the technology company’s stock, valued at approximately $999,000.

Several other large investors also recently added to or reduced their stakes in DELL. Norges Bank acquired a new stake in shares of Dell Technologies in the fourth quarter worth $607,349,000. Wellington Management Group LLP grew its holdings in shares of Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after buying an additional 2,937,137 shares in the last quarter. Invesco Ltd. raised its position in Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares during the period. Michael & Susan Dell Foundation lifted its stake in Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after acquiring an additional 2,258,797 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after acquiring an additional 1,185,454 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies News Roundup

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

Positive Sentiment: AI demand remains the primary catalyst. Dell reported record AI-server orders and a roughly $95 billion backlog, supporting expectations for sustained data-center growth. Broad enterprise IT-refresh demand is providing an additional tailwind. DELL Stock Hits 52-Week High: Does it Have More Room to Run?
Positive Sentiment: The latest earnings beat reset expectations higher. Dell posted quarterly revenue of $46.97 billion, up 57.7% year over year and above the $44.89 billion consensus. Adjusted earnings of $7.04 per share exceeded estimates by $2.13, while management raised its fiscal outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
Positive Sentiment: Analyst support strengthened. Goldman Sachs increased its price target by $60, while JPMorgan raised its target to $635. Other firms, including UBS, Morgan Stanley and TD Cowen, also expressed constructive views, reinforcing bullish sentiment around Dell’s AI-server opportunity. Goldman Sachs resets Dell stock price target by $60
Positive Sentiment: Dell is increasingly viewed as a potential major AI beneficiary because its growth is being supported by reported customer orders and revenue rather than expectations alone. Its performance has also helped validate the broader AI infrastructure trade. Bank of America sees upside in surging AI stock
Neutral Sentiment: Valuation and execution are becoming more important. After a sharp 2026 rally and a move near its 52-week high, investors are debating whether the backlog can translate into profitable growth at current expectations.
Negative Sentiment: Some commentary cautions that Dell’s margins, supply availability and ability to convert the backlog into cash flow could limit further upside. The stock’s substantial gains also increase the risk of profit-taking or consolidation if future results merely meet, rather than exceed, elevated expectations. Dell Just Jumped 16% and One Strategist Says That Is the Whole Tech Argument Right Now

Dell Technologies Price Performance

DELL opened at $525.66 on Friday. The company has a market capitalization of $340.69 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 0.73 and a beta of 1.34. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $534.99. The business has a 50-day moving average of $439.28 and a 200-day moving average of $308.94.

Dell Technologies (NYSE:DELL – Get Free Report) last announced 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. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The business had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the previous year, the business posted $1.70 EPS. The firm’s quarterly revenue was up 57.7% compared to the same quarter last year. 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, equities research analysts expect that Dell Technologies Inc. will post 21.28 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm 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 $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%.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the transaction, the director owned 8,585 shares in the company, valued at approximately $3,417,946.05. This trade represents a 94.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 131,040 shares of Dell Technologies stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $52,170,955.20. Following the completion of the sale, the director directly owned 12,619 shares of the company’s stock, valued at approximately $5,024,002.47. The trade was a 91.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,527,629 shares of company stock worth $619,325,485. 41.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on DELL shares. Raymond James Financial lifted their target price on Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research note on Wednesday. Wells Fargo & Company raised their price target on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Susquehanna set a $289.00 price objective on shares of Dell Technologies and gave the company a “neutral” rating in a research report on Friday, May 29th. UBS Group reiterated an “outperform” rating on shares of Dell Technologies in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $553.79.

View Our Latest Research Report on DELL

About Dell Technologies

(Free Report)

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.