Dell Technologies Inc. $DELL Stock Sold by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer cut its Dell stake by 24.1% in the third quarter, selling 73,395 shares and retaining 231,248 shares valued at about $124.5 million. Institutional investors collectively own 76.37% of Dell.
• Dell reported strong quarterly results, with EPS of $7.04 versus $4.91 expected and revenue of $46.97 billion, up 57.7% year over year. The company also pays a quarterly dividend of $0.63, equivalent to a 0.6% yield.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $569.96, although concerns about memory shortages, weaker PC demand and Dell’s valuation pose risks to its traditional hardware business.

Bank Julius Baer & Co. Ltd Zurich reduced its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 24.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 231,248 shares of the technology company's stock after selling 73,395 shares during the period. Bank Julius Baer & Co. Ltd Zurich's holdings in Dell Technologies were worth $124,465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in DELL. Bank of America Corp DE raised its stake in Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after buying an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company's stock valued at $157,869,000 after acquiring an additional 27,668 shares during the period. Swiss National Bank lifted its position in Dell Technologies by 4.7% during the first quarter. Swiss National Bank now owns 931,008 shares of the technology company's stock valued at $152,806,000 after acquiring an additional 41,700 shares during the last quarter. Finally, Amundi raised its holdings in shares of Dell Technologies by 5.8% during the first quarter. Amundi now owns 845,709 shares of the technology company's stock worth $138,806,000 after purchasing an additional 46,240 shares during the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $423.63 on Monday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The business has a fifty day moving average price of $513.74 and a two-hundred day moving average price of $330.29. The stock has a market capitalization of $269.35 billion, a PE ratio of 24.59, a P/E/G ratio of 0.44 and a beta of 1.45.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the previous year, the company earned $1.70 EPS. The company's revenue for the quarter was up 57.7% on a year-over-year basis. 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 analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

DELL has been the subject of a number of recent research reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. KeyCorp reissued a "sector weight" rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Bank of America raised their target price on Dell Technologies from $505.00 to $600.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Morgan Stanley boosted their target price on shares of Dell Technologies from $499.00 to $511.00 and gave the company an "equal weight" rating in a research note on Monday, September 21st. Finally, 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 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $569.96.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the business's stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $586.40, for a total value of $1,055,520.00. Following the completion of the transaction, the director directly owned 1,404,569 shares in the company, valued at approximately $823,639,261.60. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction dated 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 directly owned 25,686 shares of the company's stock, valued at approximately $11,815,560. This represents a 7.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,819,650 shares of company stock worth $991,183,596 in the last 90 days. Insiders own 41.50% 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

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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