Summit Global Investments bought a new stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,695 shares of the technology company’s stock, valued at approximately $912,000.
Other large investors have also recently added to or reduced their stakes in the company. Americana Partners LLC boosted its holdings in shares of Dell Technologies by 297.5% in the third quarter. Americana Partners LLC now owns 20,466 shares of the technology company’s stock worth $11,010,000 after buying an additional 15,317 shares during the period. Fusion Capital LLC grew its position in Dell Technologies by 43.8% during the third quarter. Fusion Capital LLC now owns 1,090 shares of the technology company’s stock valued at $586,000 after purchasing an additional 332 shares in the last quarter. Whelan Financial purchased a new position in Dell Technologies during the third quarter valued at approximately $264,000. International Assets Investment Management LLC increased its stake in Dell Technologies by 3,029.5% in the 3rd quarter. International Assets Investment Management LLC now owns 175,000 shares of the technology company’s stock valued at $94,141,000 after buying an additional 169,408 shares during the period. Finally, Prosperitas Financial LLC acquired a new position in Dell Technologies in the 3rd quarter valued at approximately $256,000. 76.37% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
DELL has been the subject of a number of research reports. Raymond James Financial lifted their target price on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. TD Cowen upped their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a research note on Tuesday, September 29th. Citigroup increased their price objective on Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a research report on Wednesday, September 2nd. Finally, Daiwa Securities Group lifted their price objective on Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a research report on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $569.96.
Read Our Latest Stock Report on Dell Technologies
Dell Technologies Stock Down 7.7%
NYSE DELL opened at $391.74 on Tuesday. The stock has a market capitalization of $249.07 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 0.51 and a beta of 1.37. The company has a 50 day moving average price of $512.74 and a two-hundred day moving average price of $331.65. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51.
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, topping the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. As a group, equities 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. Investors of record on Tuesday, October 20th were issued a $0.63 dividend. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. Dell Technologies’s dividend payout ratio is currently 14.63%.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Analysts remain optimistic about Dell’s longer-term outlook, citing strong revenue growth, substantial free-cash-flow generation and a reported backlog of roughly $95 billion. One analysis suggests the recent decline may create significant upside if Dell converts that backlog into revenue and earnings. Dell Crashed by 20% Over The Last Month: A Respected Wall Street Analyst Says 65% Gains Are Incoming
- Positive Sentiment: Dell and CrowdStrike announced integrated cybersecurity protection for the Dell AI Factory with NVIDIA. The offering is designed to secure AI infrastructure, workloads, agents and applications, potentially strengthening Dell’s enterprise AI proposition and creating additional services opportunities. CrowdStrike and Dell Technologies Announce Integrated AI Security for the Dell AI Factory with NVIDIA
- Positive Sentiment: A comparison with Intel presents Dell as the stronger near-term investment, emphasizing its hybrid enterprise model, revenue momentum and free cash flow versus Intel’s loss-making, capital-intensive foundry turnaround. Dell Technologies vs. Intel: Which Technology Stock Is a Better Buy for 2027?
- Neutral Sentiment: Investors are preparing for Dell’s third-quarter earnings, with market attention likely to center on AI-server demand, backlog conversion, margins and forward guidance. Refreshing Thoughts Ahead Of Dell’s Q3 Earnings
- Negative Sentiment: Dell declined alongside Super Micro Computer and Hewlett Packard Enterprise as investors extended a selloff in AI-server stocks ahead of Super Micro’s earnings report. The move indicates sector-wide concerns about elevated valuations, demand expectations or the pace of AI infrastructure spending. Super Micro Drops 5% Ahead of Earnings as AI Server Selloff Extends; Dell Falls 4%, HPE Slides 3%
Insider Buying and Selling at Dell Technologies
In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business’s stock in a transaction dated 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. The trade was a 58.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction dated 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 sale, the director owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,819,650 shares of company stock worth $991,183,596 over the last three months. Company insiders own 41.50% of the company’s stock.
Dell Technologies Profile
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.
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