NFSG Corp reduced its holdings in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 23.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,973 shares of the technology company’s stock after selling 1,795 shares during the quarter. NFSG Corp’s holdings in Dell Technologies were worth $3,213,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Plato Investment Management Ltd acquired a new position in Dell Technologies in the 2nd quarter valued at $5,913,000. Gabelli Funds LLC raised its position in Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after buying an additional 15,150 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new stake in shares of Dell Technologies in the 1st quarter worth $5,930,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Dell Technologies by 71.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock worth $2,660,000 after acquiring an additional 2,576 shares during the period. Finally, Weiss Asset Management LP boosted its holdings in shares of Dell Technologies by 20.5% in the first quarter. Weiss Asset Management LP now owns 25,130 shares of the technology company’s stock valued at $4,125,000 after acquiring an additional 4,274 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.
Dell Technologies News Summary
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Long-term AI demand remains a potential growth driver. CEO Michael Dell said tight memory and chip supplies could persist through 2029 or 2030, indicating sustained demand for AI servers and related infrastructure. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
- Positive Sentiment: Dell is participating in Honeywell’s Forge Cognition platform with NVIDIA, supplying technology for agentic AI and simulation applications in buildings and industrial facilities. The initiative could broaden Dell’s enterprise-AI opportunity beyond hyperscale data centers. Honeywell Launches Forge Cognition AI Platform With Nvidia and Dell Technologies
- Neutral Sentiment: Dell recently reported strong operating results, including quarterly revenue growth of 57.7% and earnings that exceeded analyst expectations. However, investors are focused more heavily on the durability and profitability of future AI-related growth.
- Negative Sentiment: Barclays downgraded Dell to Equal Weight from Overweight, citing elevated valuation and a lack of a meaningful enterprise-AI spending inflection. The firm also reduced its price target to $574, contributing to profit-taking after Dell’s substantial run-up. Dell stock plunges after Barclays downgrade
- Negative Sentiment: Analysts questioned whether Dell’s hardware revenue growth is being driven primarily by higher memory and component prices rather than stronger underlying enterprise demand. Rising input costs and a mix shift toward AI-optimized systems could pressure margins and earnings conversion. Dell Stock’s Stellar Year Hits a Snag
- Negative Sentiment: A hotter inflation reading increased concerns about higher-for-longer interest rates, weighing on high-growth technology stocks and intensifying the broader retreat in AI and data-center shares. AI stocks drop after hot inflation report
- Negative Sentiment: Several Silver Lake-related entities disclosed sizable Dell share sales at prices near recent highs. While these transactions may reflect portfolio management, the insider selling adds to short-term investor caution. SEC ownership filing
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. Raymond James Financial boosted their price target on shares of Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. The Goldman Sachs Group reissued a “buy” rating on shares of Dell Technologies in a report on Friday, October 9th. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Mizuho raised their price objective on shares of Dell Technologies from $600.00 to $650.00 and gave the company an “outperform” rating in a research report on Tuesday, October 6th. Finally, Barclays lowered Dell Technologies from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $603.00 to $574.00 in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $569.96.
Get Our Latest Analysis on Dell Technologies
Dell Technologies Stock Performance
NYSE:DELL opened at $472.31 on Friday. The stock has a fifty day moving average price of $514.62 and a two-hundred day moving average price of $392.89. The stock has a market capitalization of $300.30 billion, a price-to-earnings ratio of 27.41, a PEG ratio of 0.53 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 – Get Free Report) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. Dell Technologies’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 earnings per share. 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, analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.
Dell Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.
Insider Transactions at Dell Technologies
In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the company’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 directly owned 22,686 shares in the company, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the company’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the transaction, the director owned 43,740 shares in the company, valued at $25,469,802. The trade was a 50.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,817,628 shares of company stock valued at $990,253,476. 41.50% of the stock is owned by company insiders.
Dell Technologies Company Profile
Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.
The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.
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