Concurrent Investment Advisors LLC Increases Stock Holdings in Dell Technologies Inc. $DELL

Key Points

• Concurrent Investment Advisors increased its Dell stake by 39.5% in the second quarter, bringing its holdings to 59,954 shares valued at approximately $25.9 million. Institutional investors and hedge funds collectively own 76.37% of Dell.
• Dell reported strong quarterly results, with revenue rising 57.7% year over year to $46.97 billion and EPS of $7.04, well above the $4.91 consensus estimate. Record AI-server orders and a roughly $95 billion AI backlog supported higher fiscal 2027 guidance.
• Wall Street remains broadly bullish, with Dell receiving a “Moderate Buy” consensus rating and an average price target of $553.79. The company also declared a quarterly dividend of $0.63 per share, while insiders sold more than $619 million of stock over the past 90 days.

Concurrent Investment Advisors LLC lifted its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 39.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,954 shares of the technology company's stock after buying an additional 16,974 shares during the period. Concurrent Investment Advisors LLC's holdings in Dell Technologies were worth $25,868,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Dell Technologies during the fourth quarter worth about $607,349,000. Wellington Management Group LLP increased its stake in Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company's stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the period. Invesco Ltd. raised its holdings in shares of Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company's stock valued at $919,051,000 after buying an additional 2,445,854 shares during the last quarter. Michael & Susan Dell Foundation grew its holdings in shares of Dell Technologies by 533.3% during the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company's stock worth $337,652,000 after buying an additional 2,258,797 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company's stock valued at $168,462,000 after acquiring an additional 1,185,454 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Stock Performance

Shares of DELL opened at $512.66 on Friday. The firm has a fifty day moving average of $436.67 and a 200-day moving average of $307.41. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $530.78. The company has a market cap of $332.26 billion, a price-to-earnings ratio of 29.75, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34.

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, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during 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 business's revenue was up 57.7% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts predict that Dell Technologies Inc. will post 18.22 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. Dell Technologies's dividend payout ratio (DPR) is 14.63%.

Insider Transactions at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the firm's stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the transaction, the director owned 67,990 shares of the company's stock, valued at $30,836,184.60. This trade represents a 50.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the business's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $438.21, for a total transaction of $886,060.62. Following the completion of the sale, the director owned 25,267 shares in the company, valued at $11,072,252.07. The trade was a 7.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,527,629 shares of company stock worth $619,325,485 over the last 90 days. 41.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Cantor Fitzgerald initiated coverage on Dell Technologies in a research note on Wednesday. They set an "overweight" rating for the company. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a research note on Wednesday. Roth Capital began coverage on shares of Dell Technologies in a report on Friday, May 29th. They set a "buy" rating for the company. Wall Street Zen raised shares of Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. Finally, Raymond James Financial increased their price target on shares of Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research note on Wednesday. One investment 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 stock. According to MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and a consensus price target of $553.79.

Key Dell Technologies News

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

• Positive Sentiment: Dell reported record quarterly revenue of approximately $46.97 billion, up nearly 58% year over year, while adjusted EPS of $7.04 exceeded the $4.91 consensus estimate. Dell shares gain after strong AI server demand boosts annual forecast
• Positive Sentiment: AI server orders reached a record $60.9 billion, helping expand Dell’s AI-related backlog to roughly $95 billion. The backlog provides significant revenue visibility and reinforces the view that AI capital spending is translating into hardware sales. Dell AI Server Momentum Accelerates With Record AI Orders
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to approximately $192 billion from $167 billion and increased adjusted EPS guidance to $25.50 from $17.90. The higher outlook, Dell’s fifth consecutive revenue-guidance beat, prompted several analysts to lift price targets; JPMorgan raised its target to $635 while maintaining an Overweight rating. Dell shares rise as demand jumps for AI servers
• Positive Sentiment: Investors are increasingly viewing Dell as a key “picks-and-shovels” beneficiary of AI, particularly as enterprises consider on-premises infrastructure to control cloud-computing and AI token costs. Strong results from Broadcom and Hewlett Packard Enterprise have further supported the broader AI infrastructure trade. AI Infrastructure Demand Remains Red-Hot

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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