Corient Private Wealth LP Buys 19,304 Shares of Dell Technologies Inc. $DELL

Key Points

• Corient Private Wealth increased its Dell position by 20.4%, buying 19,304 shares during the second quarter and bringing its holdings to 114,126 shares valued at approximately $49.24 million. Institutional investors collectively own 76.37% of Dell.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $560.24; several firms recently raised targets to between $600 and $635.
• Dell reported strong quarterly results, with EPS of $7.04 versus the $4.91 estimate and revenue of $46.97 billion, up 57.7% year over year. The company’s AI-server demand and backlog are supporting investor optimism, though recent insider selling and elevated valuation pose potential risks.

Corient Private Wealth LP lifted its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 20.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,126 shares of the technology company's stock after buying an additional 19,304 shares during the quarter. Corient Private Wealth LP's holdings in Dell Technologies were worth $49,240,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management lifted its stake in Dell Technologies by 2.3% in the second quarter. Triumph Capital Management now owns 1,405 shares of the technology company's stock valued at $606,000 after acquiring an additional 32 shares during the last quarter. Accel Wealth Management increased its stake in shares of Dell Technologies by 2.8% during the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company's stock worth $613,000 after purchasing an additional 39 shares during the last quarter. Ariadne Wealth Management LP raised its holdings in shares of Dell Technologies by 1.6% in the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company's stock valued at $508,000 after purchasing an additional 49 shares during the period. Bell Investment Advisors Inc lifted its stake in Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company's stock valued at $53,000 after purchasing an additional 52 shares during the last quarter. Finally, Vectors Research Management LLC grew its holdings in Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company's stock worth $2,404,000 after purchasing an additional 55 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on DELL. Mizuho boosted their price target on Dell Technologies from $500.00 to $600.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. Raymond James Financial increased their price target on Dell Technologies from $500.00 to $617.00 and gave the company an "outperform" rating in a research note on Wednesday, September 2nd. Jefferies Financial Group downgraded shares of Dell Technologies to a "hold" rating in a report on Monday, June 1st. JPMorgan Chase & Co. increased their price objective on shares of Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a research report on Wednesday, September 2nd. Finally, Bank of America lifted their target price on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a "buy" rating in a report on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Dell Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $560.24.

Dell Technologies Trading Up 11.8%

NYSE:DELL opened at $566.62 on Friday. The stock has a 50 day simple moving average of $451.44 and a 200 day simple moving average of $323.46. The stock has a market cap of $367.23 billion, a P/E ratio of 32.89, a PEG ratio of 0.59 and a beta of 1.34. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $567.75.

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 the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm had revenue of $46.97 billion for the quarter, compared to analysts' expectations of $44.89 billion. During the same quarter last year, the business earned $1.70 EPS. The company's quarterly revenue was up 57.7% compared to the same quarter last year. 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 forecast that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's dividend payout ratio (DPR) is currently 14.63%.

Key Dell Technologies News

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
• Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
• Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
• Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling

Insiders Place Their Bets

In other news, Director Silver Lake Partners V. De (Aiv sold 27,629 shares of the firm's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $540.39, for a total transaction of $14,930,435.31. Following the transaction, the director directly owned 24,488 shares of the company's stock, valued at approximately $13,233,070.32. This trade represents a 53.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Jane Tunnell sold 5,436 shares of Dell Technologies stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $523.51, for a total transaction of $2,845,800.36. Following the completion of the sale, the chief marketing officer owned 41,539 shares of the company's stock, valued at approximately $21,746,081.89. The trade was a 11.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,432,945 shares of company stock worth $694,663,063. 41.50% of the stock is currently owned by insiders.

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.

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