3,895 Dell Technologies Inc. $DELL Shares Sold by Farmers & Merchants Investments Inc.

Key Points

• Farmers & Merchants Investments reduced its Dell position by 4%, selling 3,895 shares and retaining 94,478 shares valued at approximately $50.8 million. Institutional investors collectively own 76.37% of Dell.
• Analysts maintain a favorable outlook, with Dell receiving a “Moderate Buy” consensus rating and an average price target of $569.96; several firms recently raised their targets to as high as $650.
• Dell reported quarterly EPS of $7.04, well above the $4.91 consensus estimate, while revenue rose 57.7% year over year to $46.97 billion. The company also declared a quarterly dividend of $0.63 per share and continues to benefit from strong AI-server demand, including a reported $95 billion backlog.

Farmers & Merchants Investments Inc. cut its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 4.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 94,478 shares of the technology company's stock after selling 3,895 shares during the quarter. Dell Technologies accounts for about 1.2% of Farmers & Merchants Investments Inc.'s investment portfolio, making the stock its 20th largest holding. Farmers & Merchants Investments Inc.'s holdings in Dell Technologies were worth $50,824,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. NORTHSTAR ASSET MANAGEMENT Co raised its holdings in shares of Dell Technologies by 1.6% in the 3rd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 1,550 shares of the technology company's stock worth $834,000 after purchasing an additional 25 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of Dell Technologies by 10.4% in the third quarter. Capital Investment Advisors LLC now owns 1,929 shares of the technology company's stock worth $1,038,000 after buying an additional 181 shares during the period. Beaumont Financial Advisors LLC grew its holdings in shares of Dell Technologies by 0.3% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 8,713 shares of the technology company's stock valued at $4,687,000 after acquiring an additional 24 shares in the last quarter. Ramsey Quantitative Systems bought a new position in shares of Dell Technologies during the 3rd quarter valued at $50,000. Finally, Christensen King & Associates Investment Services Inc. acquired a new position in Dell Technologies during the 3rd quarter worth $1,262,000. Institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

DELL has been the topic of a number of analyst reports. TD Cowen upped their target price on shares of Dell Technologies from $500.00 to $550.00 and gave the company a "hold" rating in a research note on Tuesday, September 29th. Mizuho boosted their price objective on Dell Technologies from $600.00 to $650.00 and gave the stock an "outperform" rating in a report on Tuesday, October 6th. Raymond James Financial upped their price objective on Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. lifted their price target on Dell Technologies from $565.00 to $635.00 and gave the stock an "overweight" rating in a report on Wednesday, September 2nd. Finally, US Capital Advisors set a $625.00 target price on Dell Technologies 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of "Moderate Buy" and an average target price of $569.96.

Insiders Place Their Bets

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 44,408 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director owned 43,740 shares in the company, valued at $25,469,802. This trade represents a 50.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of Dell Technologies stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $14,845,156.20. Following the sale, the director owned 22,686 shares in the company, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,817,628 shares of company stock worth $990,253,476. Corporate insiders own 41.50% of the company's stock.

Dell Technologies Price Performance

NYSE:DELL opened at $456.89 on Friday. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51. The firm has a market capitalization of $290.49 billion, a P/E ratio of 26.52, a PEG ratio of 0.47 and a beta of 1.37. The company's 50-day simple moving average is $513.41 and its 200 day simple moving average is $403.55.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company's quarterly revenue was up 57.7% compared to the same quarter last year. During the same period in the prior year, the business 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 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be paid a $0.63 dividend. 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 currently 14.63%.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and comparatively lower valuation were highlighted as advantages over Applied Digital, strengthening the investment case for Dell as AI infrastructure spending continues. DELL vs. APLD: Which AI-Infrastructure Stock Looks More Attractive?
• Positive Sentiment: Dell introduced new AI Factory hardware with NVIDIA, reinforcing its positioning as a supplier of complete AI computing systems and countering recent concerns about slowing enterprise demand. Dell Unveiled New AI Servers
• Positive Sentiment: Texas Athletics, Dell, Google Cloud and SHI International launched the Bevo Lab, an AI and analytics platform that expands Dell’s technology visibility in higher education and sports research. The deal is strategically positive but unlikely to materially affect near-term earnings. Texas Athletics and McCombs Launch Bevo Lab
• Neutral Sentiment: Dell rose alongside other AI-server stocks as the sector stabilized, although Hewlett Packard Enterprise outperformed Dell and Super Micro was little changed. The move suggests broader sector sentiment rather than a Dell-specific announcement. AI Server Peers Market Update
• Negative Sentiment: The previous session’s steep decline reflected profit-taking, technology-sector weakness and reported supply-chain concerns. Barclays’ recent downgrade, based partly on doubts about enterprise AI demand, continues to weigh on sentiment and may contribute to volatility. Dell Stock Drops in Tech Sell-Off

Dell Technologies Company 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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