Mather Group LLC. grew its holdings in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 121.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,506 shares of the technology company’s stock after acquiring an additional 1,925 shares during the period. Mather Group LLC.’s holdings in Dell Technologies were worth $1,886,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Plato Investment Management Ltd bought a new stake in shares of Dell Technologies in the 2nd quarter valued at $5,913,000. Gabelli Funds LLC raised its holdings in shares of Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of Dell Technologies during the first quarter valued at about $5,930,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of Dell Technologies by 71.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock worth $2,660,000 after purchasing an additional 2,576 shares in the last quarter. Finally, Weiss Asset Management LP boosted its position in shares of Dell Technologies by 20.5% during the 1st quarter. Weiss Asset Management LP now owns 25,130 shares of the technology company’s stock worth $4,125,000 after purchasing an additional 4,274 shares in the last quarter. 76.37% of the stock is owned by institutional investors.
Dell Technologies Stock Performance
Shares of Dell Technologies stock traded down $22.71 on Friday, hitting $450.68. The company had a trading volume of 8,365,510 shares, compared to its average volume of 7,358,615. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The stock has a 50 day moving average of $514.56 and a 200-day moving average of $393.30. The stock has a market capitalization of $286.55 billion, a price-to-earnings ratio of 26.16, a P/E/G ratio of 0.49 and a beta of 1.37.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (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 company had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the previous year, the firm earned $1.70 earnings per share. Dell Technologies’s quarterly 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. Equities analysts anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current year.
Dell Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.
Analysts Set New Price Targets
A number of analysts recently commented on DELL shares. Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a research report on Wednesday, September 2nd. Sanford C. Bernstein increased their price target on Dell Technologies from $500.00 to $650.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Dell Technologies in a report on Wednesday, August 12th. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. Finally, Melius Research boosted their price objective on Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.
Read Our Latest Report on DELL
Insiders Place Their Bets
In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the transaction, the director directly owned 64,209 shares of the company’s stock, valued at $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the transaction, the director directly owned 73,185 shares in the company, valued at $37,861,527.90. The trade was a 53.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,817,628 shares of company stock worth $990,253,476 over the last ninety days. Insiders own 41.50% of the company’s stock.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell was selected as a core AI infrastructure partner for Honeywell’s Forge Cognition platform, alongside NVIDIA. The partnership could expand Dell’s enterprise and industrial AI exposure through deployments at data centers and edge locations. Dell Lands Core AI Infrastructure Role in New Industrial Platform
- Positive Sentiment: Commentary continues to point to strong AI-server demand and a record backlog. CEO Michael Dell’s expectation that memory shortages could persist for several years underscores the scale of AI infrastructure demand, although it also creates supply and cost risks. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
- Neutral Sentiment: Dell says its just-in-time manufacturing and customer-funded model could reduce inventory and balance-sheet exposure if AI spending slows. The strategy may limit downside in a downturn, but it also signals that investors are increasingly focused on the possibility of an AI investment slowdown. Michael Dell Has Tips to Beat an AI Bust
- Negative Sentiment: Barclays downgraded Dell to Equal Weight from Overweight, arguing that the stock’s valuation has risen sharply while evidence of a broad enterprise-AI spending inflection remains limited. The downgrade contributed to continued selling after Dell’s major rally. Barclays Downgrades Dell Technologies
- Negative Sentiment: Investors are questioning whether AI-server revenue growth is being driven by durable demand or elevated memory and component prices. Higher costs could pressure margins and reduce the earnings benefit of rising sales. Dell Stock’s Stellar Year Hits a Snag
- Negative Sentiment: AI hardware stocks broadly weakened amid concerns about how customers are financing massive infrastructure projects, while hotter inflation increased pressure on high-growth technology valuations. Dell’s recent insider sales added another source of investor caution. AI Financing Worries Extend Hardware Selloff
Dell Technologies 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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