Dell Technologies Inc. $DELL Shares Bought by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Dell stake by 71.8% in the second quarter, bringing its holdings to 6,166 shares valued at approximately $2.66 million. Institutional investors collectively own 76.37% of Dell’s stock.
• Dell reported stronger-than-expected quarterly results, with $7.04 in EPS and $46.97 billion in revenue, supported by robust AI infrastructure demand and a reported AI backlog of nearly $95 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $567.12.
• Insider selling remains a notable risk: insiders sold more than 2 million shares worth approximately $1.07 billion over the past 90 days, while Dell’s shares have rallied substantially toward their 52-week high.

Envestnet Portfolio Solutions Inc. increased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 71.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,166 shares of the technology company's stock after acquiring an additional 2,576 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Dell Technologies were worth $2,660,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DELL. Cornerstone Financial Management LLC increased its position in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock worth $28,000 after buying an additional 23 shares during the period. Triumph Capital Management raised its position in shares of Dell Technologies by 2.3% in the 2nd quarter. Triumph Capital Management now owns 1,405 shares of the technology company's stock worth $606,000 after acquiring an additional 32 shares in the last quarter. Accel Wealth Management boosted its position 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 valued at $613,000 after purchasing an additional 39 shares in the last quarter. West Family Investments Inc. increased its holdings in Dell Technologies by 3.6% in the second quarter. West Family Investments Inc. now owns 1,263 shares of the technology company's stock worth $545,000 after purchasing an additional 44 shares in the last quarter. Finally, Ariadne Wealth Management LP lifted its stake in Dell Technologies by 1.6% in the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company's stock valued at $508,000 after buying an additional 49 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Key Dell Technologies News

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

• Positive Sentiment: Morgan Stanley increased the odds assigned to its $756 bull-case valuation, reinforcing confidence that Dell can benefit from sustained AI infrastructure demand. Morgan Stanley raises Dell bull-case odds
• Positive Sentiment: The stock is recovering after concerns about delays at Oracle’s Project Jupiter data center pressured AI-infrastructure companies. The rebound suggests investors currently view those concerns as a timing issue rather than a fundamental setback for Dell. Why Dell stock is surging
• Positive Sentiment: Dell’s fundamental AI narrative remains strong, with reported AI-server orders of approximately $60.9 billion and an AI backlog near $95 billion. Recent quarterly results also exceeded expectations, with $7.04 in EPS and $46.97 billion in revenue. Dell versus HPE AI infrastructure outlook
• Neutral Sentiment: Director Egon Durban sold 1,850 shares for about $1.0 million, while another director, Lynn Vojvodich Radakovich, sold 2,022 shares for about $1.1 million. Radakovich’s transaction was made under a pre-arranged Rule 10b5-1 plan, and both directors retain stock holdings.
• Negative Sentiment: Broader executive and shareholder selling—reported at roughly $32 million among notable insiders, alongside continued Silver Lake-related sales—could create supply and profit-taking pressure after Dell’s substantial rally. Dell executive stock sales
• Negative Sentiment: Investors continue to weigh valuation risk and a weaker projected PC market against the company’s AI growth. UBS expects PC sales to contract in 2027, potentially limiting Dell’s traditional client-hardware business. UBS PC outlook

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Loop Capital raised their price objective on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. Fox Advisors upgraded shares of Dell Technologies from an "equal weight" rating to an "overweight" rating and set a $625.00 target price on the stock in a research report on Wednesday, September 2nd. Cantor Fitzgerald initiated coverage on shares of Dell Technologies in a research note on Wednesday, September 2nd. They set an "overweight" rating on the stock. Susquehanna set a $289.00 price target on shares of Dell Technologies and gave the stock a "neutral" rating in a report on Friday, May 29th. Finally, CLSA raised shares of Dell Technologies to an "outperform" rating in a research note on Friday, May 29th. 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $567.12.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of the firm's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares of the company's stock, valued at $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction on 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 completion of the transaction, the director owned 64,209 shares of the company's stock, valued at approximately $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 ninety days, insiders sold 2,079,145 shares of company stock valued at $1,065,871,452. 41.50% of the stock is owned by insiders.

Dell Technologies Price Performance

Shares of DELL opened at $562.90 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The stock's fifty day moving average price is $478.28 and its two-hundred day moving average price is $352.86. The firm has a market cap of $357.90 billion, a PE ratio of 32.67, a PEG ratio of 0.55 and a beta of 1.34.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results 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. The company 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 firm's quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.70 EPS. 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. Sell-side analysts anticipate that Dell Technologies Inc. will post 25.14 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. Investors of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, October 20th. Dell Technologies's dividend payout ratio is presently 14.63%.

Dell Technologies 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.