Dell Technologies Inc. $DELL Shares Newly Bought by Polaris Financial Partners

Key Points

• Polaris Financial Partners acquired 9,204 Dell shares in the third quarter, valued at approximately $5.0 million. Dell now represents about 2.3% of the fund’s portfolio and is its ninth-largest holding.
• Analysts remain broadly bullish: Dell has a “Moderate Buy” consensus rating, with an average price target of $569.12 after several firms raised their targets. The company also reported quarterly revenue growth of 57.7% year over year and EPS of $7.04, well above estimates.
• Institutional interest is offset by notable insider selling. Hedge funds and other institutions own 76.37% of Dell, while insiders sold more than 2.07 million shares worth approximately $1.07 billion over the past three months.

Polaris Financial Partners acquired a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 9,204 shares of the technology company's stock, valued at approximately $5,011,000. Dell Technologies comprises about 2.3% of Polaris Financial Partners' holdings, making the stock its 9th largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. 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 purchasing an additional 23 shares in the last quarter. Noble Wealth Management PBC increased its position in Dell Technologies by 113.6% during the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock valued at $25,000 after buying an additional 25 shares in the last quarter. Triumph Capital Management raised 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 buying an additional 32 shares during the last quarter. Accel Wealth Management boosted its holdings in Dell Technologies by 2.8% in the second quarter. Accel Wealth Management now owns 1,421 shares of the technology company's stock worth $613,000 after acquiring an additional 39 shares in the last quarter. Finally, West Family Investments Inc. boosted 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 acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DELL shares. The Goldman Sachs Group upped their price objective on shares of Dell Technologies from $510.00 to $570.00 and gave the company a "buy" rating in a report on Wednesday, September 2nd. Weiss Ratings reissued a "buy (b)" rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Piper Sandler restated an "overweight" rating and set a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. Mizuho raised their price target on shares of Dell Technologies from $500.00 to $600.00 and gave the stock an "outperform" rating in a report on Wednesday, September 2nd. Finally, Daiwa Securities Group lifted their price objective on shares of Dell Technologies from $465.00 to $625.00 and gave the stock an "outperform" rating in a research note on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $569.12.

Dell Technologies Stock Performance

NYSE DELL traded up $20.29 during trading hours on Friday, reaching $562.03. The stock had a trading volume of 5,491,149 shares, compared to its average volume of 8,378,507. The stock has a fifty day moving average of $488.23 and a 200 day moving average of $365.37. The stock has a market cap of $357.35 billion, a P/E ratio of 32.62, a price-to-earnings-growth ratio of 0.56 and a beta of 1.37. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business's revenue for the quarter was up 57.7% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities research analysts forecast that Dell Technologies Inc. will post 25.13 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. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. Dell Technologies's dividend payout ratio (DPR) is presently 14.63%.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Japan AI data-center partnership: Dell is joining Japan’s JERA and U.K.-based RHAELM in a more than $15 billion AI infrastructure project. The initiative is intended to address power constraints and accelerate data-center development, potentially creating additional demand for Dell’s servers and related infrastructure. JERA teams up with Dell and RHAELM on AI infrastructure development in Japan
• Positive Sentiment: AI server momentum remains strong: Recent earnings showed $60.9 billion in AI-server orders, $16.4 billion in AI-server revenue and a $95 billion ending backlog. Investors view these figures as evidence that enterprise AI spending is translating into substantial demand for Dell’s infrastructure products. Dell climbs on AI server backlog
• Positive Sentiment: Raised outlook supports confidence: Management lifted fiscal 2027 revenue guidance to approximately $192 billion, reinforcing expectations for continued growth from AI servers and data-center infrastructure. Wall Street price-target increases and Dell’s recent addition to the S&P 100 are also supporting visibility and institutional demand. Dell gains as AI server momentum and recent index inclusion support sentiment
• Positive Sentiment: Strong earnings performance: Dell’s latest quarterly results exceeded consensus expectations, with revenue up 57.7% year over year and earnings per share well above estimates. The results strengthened the market’s view that AI-related demand is accelerating the company’s growth.
• Neutral Sentiment: Dell also introduced new Pro Rugged laptops for field and industrial users. The product expansion broadens the portfolio but is likely less significant to the stock than the company’s AI-server business. Dell Pro Rugged line introduces new laptops
• Negative Sentiment: Quiver data shows extensive insider selling, including transactions by senior executives and affiliated investment entities, with no reported insider purchases over the past six months. Such sales may be planned or liquidity-related, but they can weigh on sentiment, particularly after the stock’s substantial run-up.

Insider Activity

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business's stock in a transaction that occurred on Thursday, September 3rd. The stock was 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 directly owned 64,209 shares of the company's stock, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the company's stock in a transaction that occurred 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 sale, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,079,145 shares of company stock valued at $1,065,871,452. Insiders own 41.50% of the company's stock.

About Dell Technologies

Dell Technologies Inc NYSE: DELL is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.

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