2,664 Dell Technologies Inc. $DELL Shares Purchased by Vest Financial LLC

Key Points

• Vest Financial increased its Dell position by 20.6%, purchasing 2,664 additional shares to hold 15,603 shares worth approximately $8.4 million. Institutional investors own 76.37% of the company.
• Dell’s AI infrastructure business remains a major growth driver: its AI Factory with NVIDIA now serves more than 6,500 customers, while its latest quarter delivered $7.04 EPS and $46.97 billion in revenue, both above analyst expectations.
• Despite generally positive analyst sentiment and a “Moderate Buy” consensus, Dell faces risks from profit-taking, supply-chain constraints, AI-spending concerns and substantial insider selling; Barclays recently downgraded the stock to “equal weight.”

Vest Financial LLC grew its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 20.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,603 shares of the technology company's stock after purchasing an additional 2,664 shares during the period. Vest Financial LLC's holdings in Dell Technologies were worth $8,394,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Plato Investment Management Ltd acquired a new stake in shares of Dell Technologies in the second quarter valued at approximately $5,913,000. Kercheville Advisors LLC boosted its holdings in Dell Technologies by 13.6% during the third quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company's stock worth $10,113,000 after purchasing an additional 2,250 shares during the last quarter. Gabelli Funds LLC boosted its holdings in Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company's stock worth $7,565,000 after purchasing an additional 15,150 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in Dell Technologies in the first quarter valued at $5,930,000. Finally, Envestnet Portfolio Solutions Inc. grew its position in Dell Technologies by 71.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company's stock valued at $2,660,000 after purchasing an additional 2,576 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell expanded its AI Factory with NVIDIA, adding enterprise agentic-AI solutions for deskside and data-center deployments. Dell said its customer base for the platform has grown to more than 6,500, up from 5,000 the prior quarter, supporting expectations for continued AI-server demand. Dell Technologies Advances Enterprise Agentic AI from the Deskside to Data Center with NVIDIA
• Positive Sentiment: Super Micro Computer’s stronger preliminary outlook provided fresh evidence of robust enterprise demand for AI infrastructure and temporarily lifted Dell and other server makers. Super Micro raised its quarterly revenue outlook by roughly $4 billion at the midpoint and increased its gross-margin forecast. Why are Dell and HPE stocks rising in premarket trading on Wednesday?
• Positive Sentiment: Dell reportedly raised its dividend by 20% for the fourth consecutive year, reinforcing its shareholder-return profile. Dell Technologies raises its dividend 20% for the fourth year running
• Neutral Sentiment: Dell announced that General Counsel Richard Rothberg will retire in 2027 and Christopher Garcia will succeed him. The planned transition is unlikely to materially affect near-term earnings but adds a management-change consideration. Dell Technologies Announces General Counsel Transition
• Negative Sentiment: Profit-taking and a broader technology-sector sell-off pressured Dell after its recent rally. Investors also focused on supply-chain concerns that could limit the company’s ability to fulfill AI-server orders or constrain margins. Dell Stock Drops in Tech Sell-Off
• Negative Sentiment: Analyst downgrades affecting Dell and Hewlett Packard Enterprise, partly tied to concerns about heavily leveraged neocloud customers such as CoreWeave, raised questions about the durability of AI infrastructure spending. Dell’s valuation also leaves the stock more exposed to profit-taking if growth expectations moderate. Dell Stock Got Hit by a Downgrade

Insider Transactions 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 that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the transaction, 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 through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the company'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 value of $42,942,324.04. Following the completion of the sale, the director owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,817,628 shares of company stock valued at $990,253,476 in the last quarter. 41.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DELL has been the topic of several analyst reports. Barclays cut shares of Dell Technologies from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $603.00 to $574.00 in a research report on Wednesday, October 14th. Royal Bank Of Canada assumed coverage on Dell Technologies in a report on Thursday, September 10th. They issued an "outperform" rating and a $640.00 price objective for the company. Mizuho raised their price objective on Dell Technologies from $600.00 to $650.00 and gave the company an "outperform" rating in a report on Tuesday, October 6th. TD Cowen lifted their target price on Dell Technologies from $500.00 to $550.00 and gave the company a "hold" rating in a research report on Tuesday, September 29th. Finally, Sanford C. Bernstein increased their price target on Dell Technologies from $500.00 to $650.00 and gave the company an "outperform" rating in a research 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 given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $569.96.

Dell Technologies Price Performance

Shares of DELL stock opened at $452.14 on Friday. The company has a fifty day moving average price of $514.10 and a two-hundred day moving average price of $403.17. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51. The stock has a market cap of $287.48 billion, a P/E ratio of 26.24, a P/E/G ratio of 0.50 and a beta of 1.37.

Dell Technologies (NYSE:DELL - Get Free Report) last released 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 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 revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period in the previous year, the business earned $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 research analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. The ex-dividend date is 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 (DPR) is presently 14.63%.

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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