15,603 Dell Technologies Inc. $DELL Shares Acquired by CX Institutional

Key Points

• CX Institutional increased its Dell Technologies position by 169.8% in the third quarter, acquiring 15,603 additional shares and bringing its holdings to 24,794 shares valued at approximately $13.3 million. Institutional investors and hedge funds collectively own 76.37% of Dell’s stock.
• Dell reported strong quarterly results, with earnings of $7.04 per share versus the $4.91 consensus estimate and revenue of $46.97 billion, up 57.7% year over year. Shares recently traded at $562.03, near their 52-week high.
• Despite bullish analyst sentiment and a “Moderate Buy” consensus rating, insiders sold more than 2.07 million shares worth approximately $1.07 billion during the quarter. Dell also declared a quarterly dividend of $0.63 per share, representing a 0.4% yield.

CX Institutional increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 169.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,794 shares of the technology company's stock after acquiring an additional 15,603 shares during the quarter. CX Institutional's holdings in Dell Technologies were worth $13,338,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its position in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Wellington Management Group LLP boosted its position in Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Deutsche Bank AG boosted its position in Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company's stock valued at $694,489,000 after purchasing an additional 1,090,336 shares during the period. Bank of New York Mellon Corp grew its stake in Dell Technologies by 29.6% during the 4th quarter. Bank of New York Mellon Corp now owns 2,121,081 shares of the technology company's stock worth $267,002,000 after buying an additional 483,960 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Dell Technologies by 5.0% in the second quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company's stock worth $207,355,000 after buying an additional 22,924 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the firm's stock in a transaction that occurred on 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 owned 73,185 shares in the company, valued at $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business's stock in a transaction that occurred on 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 sale, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,079,145 shares of company stock valued at $1,065,871,452 over the last quarter. Insiders own 41.50% of the company's stock.

Dell Technologies Price Performance

Shares of DELL traded up $20.29 during trading hours on Friday, reaching $562.03. 5,491,149 shares of the company's stock traded hands, compared to its average volume of 8,378,507. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $595.51. The business's fifty day simple moving average is $488.23 and its two-hundred day simple moving average is $365.37. The firm has a market capitalization of $357.35 billion, a price-to-earnings ratio of 32.62, a P/E/G ratio of 0.56 and a beta of 1.37.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. The business 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%. The company's quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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, equities research analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.4%. Dell Technologies's dividend payout ratio (DPR) is 14.63%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on DELL shares. The Goldman Sachs Group raised their target price on Dell Technologies from $510.00 to $570.00 and gave the company a "buy" rating in a research note on Wednesday, September 2nd. Citigroup increased their price objective on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a "buy" rating in a report on Wednesday, September 2nd. Weiss Ratings reiterated a "buy (b)" rating on shares of Dell Technologies in a research report on Wednesday, August 12th. UBS Group reissued an "outperform" rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Daiwa Securities Group raised their price target on shares of Dell Technologies from $465.00 to $625.00 and gave the company an "outperform" rating in a research note on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $569.12.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Japan AI data-center partnership: Dell is joining Japan’s JERA and U.K.-based RHAELM in a more than $15 billion AI infrastructure project. The initiative is intended to address power constraints and accelerate data-center development, potentially creating additional demand for Dell’s servers and related infrastructure. JERA teams up with Dell and RHAELM on AI infrastructure development in Japan
• Positive Sentiment: AI server momentum remains strong: Recent earnings showed $60.9 billion in AI-server orders, $16.4 billion in AI-server revenue and a $95 billion ending backlog. Investors view these figures as evidence that enterprise AI spending is translating into substantial demand for Dell’s infrastructure products. Dell climbs on AI server backlog
• Positive Sentiment: Raised outlook supports confidence: Management lifted fiscal 2027 revenue guidance to approximately $192 billion, reinforcing expectations for continued growth from AI servers and data-center infrastructure. Wall Street price-target increases and Dell’s recent addition to the S&P 100 are also supporting visibility and institutional demand. Dell gains as AI server momentum and recent index inclusion support sentiment
• Positive Sentiment: Strong earnings performance: Dell’s latest quarterly results exceeded consensus expectations, with revenue up 57.7% year over year and earnings per share well above estimates. The results strengthened the market’s view that AI-related demand is accelerating the company’s growth.
• Neutral Sentiment: Dell also introduced new Pro Rugged laptops for field and industrial users. The product expansion broadens the portfolio but is likely less significant to the stock than the company’s AI-server business. Dell Pro Rugged line introduces new laptops
• Negative Sentiment: Quiver data shows extensive insider selling, including transactions by senior executives and affiliated investment entities, with no reported insider purchases over the past six months. Such sales may be planned or liquidity-related, but they can weigh on sentiment, particularly after the stock’s substantial run-up.

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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