3,167 Dell Technologies Inc. $DELL Shares Bought by China Universal Asset Management Co. Ltd.

Key Points

• China Universal Asset Management increased its Dell Technologies stake by 175.9%, buying 3,167 additional shares to hold 4,967 shares valued at $2.68 million. Institutional investors collectively own 76.37% of Dell.
• Dell reported strong quarterly results, with EPS of $7.04 versus the $4.91 consensus and revenue of $46.97 billion, up 57.7% year over year. Shares opened at $475.81, while analysts maintain a “Moderate Buy” consensus and an average $569.96 price target.
• The company declared a quarterly dividend of $0.63 per share, equivalent to a 0.5% annualized yield. Meanwhile, insiders have sold 1.82 million shares worth approximately $991.2 million over the past 90 days.

China Universal Asset Management Co. Ltd. increased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 175.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,967 shares of the technology company's stock after buying an additional 3,167 shares during the quarter. China Universal Asset Management Co. Ltd.'s holdings in Dell Technologies were worth $2,676,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DELL. Collective Family Office LLC lifted its position in shares of Dell Technologies by 1.5% during the third quarter. Collective Family Office LLC now owns 1,299 shares of the technology company's stock valued at $699,000 after purchasing an additional 19 shares in the last quarter. North Star Investment Management Corp. grew its position in Dell Technologies by 0.3% in the 3rd quarter. North Star Investment Management Corp. now owns 6,992 shares of the technology company's stock worth $3,761,000 after purchasing an additional 21 shares in the last quarter. Cornerstone Financial Management LLC grew its position in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock worth $28,000 after purchasing an additional 23 shares in the last quarter. Beaumont Financial Advisors LLC increased its stake in Dell Technologies by 0.3% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 8,713 shares of the technology company's stock valued at $4,687,000 after buying an additional 24 shares during the last quarter. Finally, Noble Wealth Management PBC increased its stake in Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock valued at $25,000 after buying an additional 25 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Stock Performance

Shares of DELL stock opened at $475.81 on Friday. The firm has a market cap of $302.52 billion, a price-to-earnings ratio of 27.62, a P/E/G ratio of 0.51 and a beta of 1.37. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The firm's 50-day simple moving average is $513.95 and its two-hundred day simple moving average is $328.78.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating analysts' consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion for the quarter, compared to analysts' expectations of $44.89 billion. During the same period in the previous year, the company earned $1.70 earnings per share. The company'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. Analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's dividend payout ratio (DPR) is currently 14.63%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada began coverage on Dell Technologies in a research note on Thursday, September 10th. They issued an "outperform" rating and a $640.00 target price on the stock. UBS Group reaffirmed an "outperform" rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Evercore reaffirmed an "outperform" rating and set a $650.00 price target on shares of Dell Technologies in a research report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a report on Thursday, September 3rd. They set a "hold" rating and a $480.00 price target on the stock. Finally, TD Cowen boosted their price objective on Dell Technologies from $500.00 to $550.00 and gave the stock a "hold" rating in a research report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, Dell Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $569.96.

Insiders Place Their Bets

In other news, Director Spv-2 L.P. Sl sold 44,408 shares of the company's stock in a transaction on 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 of the company's stock, valued at $25,469,802. This represents a 50.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the transaction, the director owned 22,686 shares of the company's stock, valued at $13,210,057.80. The trade was a 52.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,819,650 shares of company stock valued at $991,183,596. Company insiders own 41.50% of the company's stock.

Key Dell Technologies News

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

• Positive Sentiment: Dell’s AI server business remains the primary bullish catalyst. The company reportedly exited its July quarter with a record $95 billion AI server backlog, while storage growth and upward earnings-estimate revisions are strengthening its position in enterprise infrastructure. Everpure vs. Dell: Which Data Storage Stock is the Better Buy Now?
• Positive Sentiment: The company expanded its cybersecurity and resilience offerings for AI environments, including security for AI infrastructure, identity platforms and storage. New AI PCs and post-quantum cryptography capabilities could broaden Dell’s addressable market and improve its competitive standing against Cisco and Hewlett Packard Enterprise. Dell Technologies Strengthens Cybersecurity and Resilience Across AI Environments
• Positive Sentiment: Investors are preparing for Dell’s upcoming quarterly report, with analysts anticipating triple-digit year-over-year EPS growth. Earlier results also showed strong execution, including revenue growth of 57.7% and an EPS beat. What You Need to Know Ahead of Dell Technologies’ Earnings Release

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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