Candriam S.C.A. Sells 14,158 Shares of Dell Technologies Inc. $DELL

Key Points

• Candriam S.C.A. cut its Dell stake by 17.1% in the third quarter, selling 14,158 shares and retaining 68,774 shares valued at about $37.1 million.
• Dell reported quarterly earnings of $7.04 per share, above the $4.91 consensus estimate, while revenue of $46.97 billion rose 57.7% year over year.
• Dell and other AI-hardware stocks have rebounded after a steep sell-off, but concerns about data-center spending, memory supply and execution risks continue to fuel volatility.

Candriam S.C.A. lessened its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 17.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,774 shares of the technology company's stock after selling 14,158 shares during the quarter. Candriam S.C.A.'s holdings in Dell Technologies were worth $37,132,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DELL. Wellington Management Group LLP grew its holdings in Dell Technologies by 140.1% in 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 buying an additional 1,474,347 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Dell Technologies by 7.6% in 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 acquiring an additional 1,011,101 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Dell Technologies by 107.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company's stock worth $350,288,000 after acquiring an additional 337,836 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Dell Technologies by 70.2% during the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company's stock worth $118,432,000 after acquiring an additional 297,500 shares during the period. Finally, Quantinno Capital Management LP boosted its position in shares of Dell Technologies by 73.4% during the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company's stock valued at $71,946,000 after acquiring an additional 185,527 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

More Dell Technologies News

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

• Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
• Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
• Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks

Dell Technologies Price Performance

Shares of DELL opened at $329.02 on Monday. The firm has a 50-day simple moving average of $504.83 and a two-hundred day simple moving average of $336.43. The stock has a market cap of $209.19 billion, a PE ratio of 19.10, a P/E/G ratio of 0.34 and a beta of 1.45. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51.

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 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 during the quarter, compared to analysts' expectations of $44.89 billion. During the same quarter last year, the company posted $1.70 EPS. The firm'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. As a group, sell-side analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, October 20th. Dell Technologies's dividend payout ratio is 14.63%.

Insider Buying and Selling at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction dated Thursday, September 3rd. The stock was 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 of the company's stock, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value 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. This trade represents a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,819,650 shares of company stock valued at $991,183,596. Company insiders own 41.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DELL shares. Piper Sandler reissued an "overweight" rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. Evercore reaffirmed an "outperform" rating and set a $650.00 target price on shares of Dell Technologies in a research note on Wednesday, September 9th. Barclays lowered shares of Dell Technologies from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $603.00 to $574.00 in a report on Wednesday, October 14th. Wells Fargo & Company increased their price target on shares of Dell Technologies from $505.00 to $545.00 and gave the company an "overweight" rating in a research note on Friday, August 14th. Finally, Weiss Ratings cut shares of Dell Technologies from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $569.96.

Dell Technologies Profile

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.

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