California State Teachers Retirement System Increases Stock Holdings in Dell Technologies Inc. $DELL

Key Points

• California State Teachers Retirement System dramatically increased its Dell stake by acquiring roughly 198.1 million additional shares in the second quarter, bringing its ownership to about 30.64% of the company. Institutional investors collectively own 76.37% of Dell.
• Dell reported a strong quarterly performance, with $7.04 in earnings per share and $46.97 billion in revenue, surpassing analyst estimates; revenue increased 57.7% year over year.
• Analyst sentiment remains positive: Dell has a consensus “Moderate Buy” rating and an average price target of $553.79, while the company also declared a quarterly dividend of $0.63 per share. Insiders, however, sold about $489.2 million of stock over the past three months.

California State Teachers Retirement System increased its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 41,141.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 198,605,353 shares of the technology company's stock after acquiring an additional 198,123,786 shares during the quarter. California State Teachers Retirement System owned about 30.64% of Dell Technologies worth $85,690,266,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Byrne Asset Management LLC purchased a new position in shares of Dell Technologies during the 2nd quarter valued at $38,000. Atwood & Palmer Inc. raised its position in shares of Dell Technologies by 860.0% in the second quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company's stock worth $41,000 after buying an additional 86 shares in the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Dell Technologies in the second quarter worth $43,000. Allied Private Wealth LLC bought a new stake in Dell Technologies during the second quarter valued at $63,000. Finally, Continuum Advisory LLC purchased a new position in Dell Technologies during the second quarter worth about $64,000. Institutional investors own 76.37% of the company's stock.

Analysts Set New Price Targets

DELL has been the topic of a number of research analyst reports. Loop Capital upped their target price on Dell Technologies from $150.00 to $550.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. Roth Capital started coverage on Dell Technologies in a report on Friday, May 29th. They set a "buy" rating for the company. KeyCorp restated a "sector weight" rating on shares of Dell Technologies in a research report on Wednesday. UBS Group reiterated an "outperform" rating on shares of Dell Technologies in a research report on Wednesday. Finally, Bank of America boosted their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $553.79.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of Dell Technologies stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the business's stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $31,160,919.24. Following the completion of the sale, the director directly owned 67,990 shares of the company's stock, valued at approximately $30,836,184.60. This trade represents a 50.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,200,778 shares of company stock valued at $489,196,297. Company insiders own 41.50% of the company's stock.

Dell Technologies Trading Up 0.3%

Shares of Dell Technologies stock opened at $525.66 on Monday. The firm has a market capitalization of $340.69 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 0.54 and a beta of 1.34. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $534.99. The business's 50-day moving average price is $439.28 and its 200-day moving average price is $310.29.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) 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 analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.Dell Technologies's revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, analysts predict that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors 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 is Tuesday, October 20th. Dell Technologies's dividend payout ratio (DPR) is presently 14.63%.

More Dell Technologies News

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

• Positive Sentiment: AI demand remains the primary catalyst. Dell reported record AI-server orders and a roughly $95 billion backlog, supporting expectations for sustained data-center growth. Broad enterprise IT-refresh demand is providing an additional tailwind. DELL Stock Hits 52-Week High: Does it Have More Room to Run?
• Positive Sentiment: The latest earnings beat reset expectations higher. Dell posted quarterly revenue of $46.97 billion, up 57.7% year over year and above the $44.89 billion consensus. Adjusted earnings of $7.04 per share exceeded estimates by $2.13, while management raised its fiscal outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
• Positive Sentiment: Analyst support strengthened. Goldman Sachs increased its price target by $60, while JPMorgan raised its target to $635. Other firms, including UBS, Morgan Stanley and TD Cowen, also expressed constructive views, reinforcing bullish sentiment around Dell’s AI-server opportunity. Goldman Sachs resets Dell stock price target by $60
• Positive Sentiment: Dell is increasingly viewed as a potential major AI beneficiary because its growth is being supported by reported customer orders and revenue rather than expectations alone. Its performance has also helped validate the broader AI infrastructure trade. Bank of America sees upside in surging AI stock
• Neutral Sentiment: Valuation and execution are becoming more important. After a sharp 2026 rally and a move near its 52-week high, investors are debating whether the backlog can translate into profitable growth at current expectations.
• Negative Sentiment: Some commentary cautions that Dell’s margins, supply availability and ability to convert the backlog into cash flow could limit further upside. The stock’s substantial gains also increase the risk of profit-taking or consolidation if future results merely meet, rather than exceed, elevated expectations. Dell Just Jumped 16% and One Strategist Says That Is the Whole Tech Argument Right Now

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

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