Dell Technologies Inc. $DELL Stock: Calamos Advisors LLC Increases Holdings

Key Points

• Calamos Advisors sharply increased its Dell stake, raising holdings 3,072.5% in the third quarter to 14,752 shares, valued at about $7.9 million.
• Analysts have a “Moderate Buy” consensus on Dell, with an average price target of $569.96; 26 analysts rate it Buy and nine rate it Hold.
• Insiders sold about 1.82 million shares worth $991 million over the past 90 days, including two directors who substantially reduced their holdings.

Calamos Advisors LLC raised its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 3,072.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,752 shares of the technology company's stock after purchasing an additional 14,287 shares during the quarter. Calamos Advisors LLC's holdings in Dell Technologies were worth $7,936,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of DELL. Noble Wealth Management PBC grew its position in Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock valued at $25,000 after acquiring an additional 25 shares in the last quarter. Cornerstone Financial Management LLC lifted 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. Premier Financial Group acquired a new position in shares of Dell Technologies during the second quarter worth $34,000. Byrne Asset Management LLC acquired a new position in shares of Dell Technologies during the second quarter worth $38,000. Finally, Atwood & Palmer Inc. boosted its stake in shares of Dell Technologies by 860.0% in the second quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company's stock valued at $41,000 after purchasing an additional 86 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. KeyCorp reaffirmed a "sector weight" rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Cantor Fitzgerald began coverage on shares of Dell Technologies in a report on Wednesday, September 2nd. They issued an "overweight" rating on the stock. Raymond James Financial upped their price objective on shares of Dell Technologies from $500.00 to $617.00 and gave the company an "outperform" rating in a research report on Wednesday, September 2nd. UBS Group restated an "outperform" rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Barclays lowered Dell Technologies from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $603.00 to $574.00 in a research report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Dell Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $569.96.

Insider Activity

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction dated 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 in the company, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business's stock in a transaction dated 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 sale, the director directly owned 64,209 shares of the company's stock, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,819,650 shares of company stock worth $991,183,596 in the last ninety days. Corporate insiders own 41.50% of the company's stock.

Key Dell Technologies News

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

• Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
• Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
• Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks

Dell Technologies Price Performance

DELL opened at $329.02 on Monday. The stock has a market capitalization of $209.19 billion, a PE ratio of 19.10, a P/E/G ratio of 0.34 and a beta of 1.45. The firm's fifty day moving average price is $504.83 and its 200 day moving average price is $336.43. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts' consensus estimates of $4.91 by $2.13. The firm 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 firm's revenue was up 57.7% compared to the same quarter last year. During the same period in the prior 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. On average, equities research analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.8%. Dell Technologies's dividend payout ratio (DPR) is presently 14.63%.

About Dell Technologies

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.

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