Dell Technologies Inc. $DELL Stock Acquired by Americana Partners LLC

Key Points

• Americana Partners increased its Dell stake by 297.5% in the third quarter, bringing its holdings to 20,466 shares valued at approximately $11.01 million. Institutional investors collectively own 76.37% of Dell.
• Dell shares opened at $423.63 after falling 10.9%, pressured by Intel’s warning about memory shortages, weaker PC demand and margin concerns. AI infrastructure growth remains a long-term support, but investors are also scrutinizing Dell’s cash flow and exposure to traditional hardware demand.
• Analysts maintain a broadly positive outlook, with a “Moderate Buy” consensus and an average price target of $569.96. Dell recently exceeded quarterly earnings and revenue expectations, reporting $7.04 in EPS and $46.97 billion in revenue.

Americana Partners LLC increased its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 297.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,466 shares of the technology company's stock after purchasing an additional 15,317 shares during the period. Americana Partners LLC's holdings in Dell Technologies were worth $11,010,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Plato Investment Management Ltd bought a new stake in Dell Technologies in the 2nd quarter valued at approximately $5,913,000. Kercheville Advisors LLC grew its stake in shares of Dell Technologies by 13.6% during the 3rd quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company's stock worth $10,113,000 after acquiring an additional 2,250 shares in the last quarter. Gabelli Funds LLC grew its stake in shares of Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company's stock worth $7,565,000 after acquiring an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in shares of Dell Technologies in the first quarter valued at approximately $5,930,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Dell Technologies by 71.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company's stock valued at $2,660,000 after purchasing an additional 2,576 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies News Roundup

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

Insiders Place Their Bets

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company's stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $460.00, for a total value of $930,120.00. Following the sale, the director owned 25,686 shares in the company, valued at $11,815,560. This represents a 7.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Egon Durban sold 1,850 shares of the firm's stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total value of $1,014,540.00. Following the completion of the sale, the director directly owned 1,405,236 shares of the company's stock, valued at approximately $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,819,650 shares of company stock worth $991,183,596 in the last three months. Insiders own 41.50% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on DELL. Weiss Ratings restated a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a research note on Wednesday, September 2nd. Piper Sandler reissued an "overweight" rating and set a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. The Goldman Sachs Group restated a "buy" rating on shares of Dell Technologies in a research note on Friday, October 9th. Finally, Fox Advisors upgraded Dell Technologies from an "equal weight" rating to an "overweight" rating and set a $625.00 price objective for the company in a report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $569.96.

Dell Technologies Trading Down 10.9%

Shares of DELL opened at $423.63 on Friday. The company's fifty day simple moving average is $513.74 and its 200 day simple moving average is $330.29. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51. The company has a market cap 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 announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts' consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion during the quarter, compared to analysts' expectations of $44.89 billion. During the same quarter last year, the company posted $1.70 earnings per share. The company's revenue for the quarter 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, research analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was 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, 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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