Dell Technologies Inc. $DELL Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems increased its Dell stake by 159.8% in the third quarter, ending with 59,182 shares worth approximately $31.8 million. Institutional investors collectively own 76.37% of the company.
• Dell reported quarterly EPS of $7.04, exceeding the $4.91 analyst consensus, while revenue rose 57.7% year over year to $46.97 billion. The company also maintains a quarterly dividend of $0.63 per share, representing a 0.6% yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $569.96, although recent insider sales and concerns about memory shortages, PC demand, valuation, and weaker cash flow pose risks.

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 159.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,182 shares of the technology company's stock after buying an additional 36,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al's holdings in Dell Technologies were worth $31,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of DELL. Parcion Private Wealth LLC boosted its position in Dell Technologies by 4.4% during the 3rd quarter. Parcion Private Wealth LLC now owns 3,895 shares of the technology company's stock valued at $2,095,000 after acquiring an additional 165 shares in the last quarter. Partners Wealth Management LLC bought a new position in shares of Dell Technologies in the 3rd quarter worth approximately $558,000. Soltis Investment Advisors LLC raised its position in shares of Dell Technologies by 161.2% in the 3rd quarter. Soltis Investment Advisors LLC now owns 2,844 shares of the technology company's stock worth $1,530,000 after acquiring an additional 1,755 shares in the last quarter. Founders Financial Securities LLC purchased a new position in shares of Dell Technologies in the 3rd quarter valued at approximately $393,000. Finally, Bosman Wealth Management LLC purchased a new position in shares of Dell Technologies in the 3rd quarter valued at approximately $417,000. 76.37% of the stock is owned by institutional investors.

Dell Technologies Stock Performance

DELL stock opened at $423.63 on Friday. The firm has a 50 day moving average price of $513.74 and a 200-day moving average price of $330.29. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51. The firm has a market capitalization of $269.35 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 0.49 and a beta of 1.37.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts' consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to analysts' expectations 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 for the quarter was up 57.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies's payout ratio is 14.63%.

Analyst Ratings Changes

Several research firms recently weighed in on DELL. Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research report on Thursday, September 3rd. They set a "hold" rating and a $480.00 price target on the stock. Wells Fargo & Company raised their price objective on Dell Technologies from $505.00 to $545.00 and gave the company an "overweight" rating in a research report on Friday, August 14th. Truist Financial raised their price objective on Dell Technologies from $360.00 to $505.00 and gave the company a "hold" rating in a research report on Wednesday, September 2nd. Evercore restated an "outperform" rating and set a $650.00 target price on shares of Dell Technologies in a report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. upped their target price on shares of Dell Technologies from $565.00 to $635.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 2nd. One equities research 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 company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $569.96.

Insiders Place Their Bets

In other news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the sale, the director directly owned 22,686 shares of the company's stock, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the firm's stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the transaction, the director owned 43,740 shares of the company's stock, valued at $25,469,802. The trade was a 50.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,819,650 shares of company stock valued at $991,183,596. Company insiders own 41.50% of the company's stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell’s AI infrastructure business remains a key long-term support. Recent coverage highlighted accelerating storage growth, a reported $95 billion backlog and rising earnings estimates, while expanded AI security and cyber-resilience capabilities could strengthen its position against Cisco and Hewlett Packard Enterprise. Everpure vs. Dell: Which Data Storage Stock Is the Better Buy Now? DELL Expands AI Security Capabilities
• Neutral Sentiment: One report characterized Dell as a founder-led technology company with potential for continued innovation and global growth, but it does not introduce a new catalyst for the current session. Founder-Led Giants Redefining Technology and Global Market Growth
• Neutral Sentiment: A filing-related report said an account associated with Donald Trump sold as much as $1 million of Dell stock, despite his public comments encouraging purchases. The transaction may attract attention but is small relative to Dell’s market value and does not change the company’s fundamentals. Trump Filing Reveals Dell Stock Sale
• Negative Sentiment: Intel warned that memory shortages are constraining PC demand and that weakness could persist, hurting computer and server manufacturers. Dell fell alongside HP, Hewlett Packard Enterprise and Super Micro as investors priced in slower hardware demand and potential supply-cost pressure. Dell Sinks as Intel Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak fourth-quarter outlook, margin pressure and roughly 25% share-price reset reinforced concerns about a prolonged PC downturn. The read-through is negative for Dell’s traditional PC business, even though AI servers may continue to grow. Silicon Shock: Intel’s Valuation Reset
• Negative Sentiment: Investors are also questioning whether Dell’s rally has outpaced its fundamentals, citing sharply weaker cash flow and negative shareholders’ equity. Those concerns increase sensitivity to any slowdown in AI or broader hardware demand. The Next AI Stock to Break Out May Not Be on Most Investors’ Radar

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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.

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