Dell Technologies Inc. $DELL Stock Sold by Kieckhefer Group LLC

Key Points

• Kieckhefer Group LLC reduced its Dell Technologies position by 16% in the third quarter, selling 5,059 shares and retaining 26,580 shares worth approximately $14.3 million. Institutional investors collectively own 76.37% of Dell.
• Dell reported strong quarterly results, with EPS of $7.04 versus the $4.91 consensus estimate and revenue of $46.97 billion, up 57.7% year over year. Analysts maintain a “Moderate Buy” consensus, with an average price target of $571.12.
• Despite the positive earnings and AI-infrastructure growth outlook, insider selling has been significant: insiders sold $920.2 million of stock over the past 90 days. Dell also declared a quarterly dividend of $0.63 per share, representing a 0.4% yield.

Kieckhefer Group LLC trimmed its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 16.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,580 shares of the technology company's stock after selling 5,059 shares during the period. Dell Technologies comprises 5.8% of Kieckhefer Group LLC's holdings, making the stock its 3rd largest position. Kieckhefer Group LLC's holdings in Dell Technologies were worth $14,299,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DELL. Sax Wealth Advisors LLC acquired a new position in Dell Technologies during the third quarter valued at approximately $1,024,000. Fragasso Financial Advisors Inc increased its position in shares of Dell Technologies by 32.4% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 686 shares of the technology company's stock worth $402,000 after purchasing an additional 168 shares during the last quarter. Fermata Advisors LLC increased its position in shares of Dell Technologies by 8.8% during the 3rd quarter. Fermata Advisors LLC now owns 507 shares of the technology company's stock worth $273,000 after purchasing an additional 41 shares during the last quarter. NorthCrest Asset Manangement LLC raised its stake in shares of Dell Technologies by 0.6% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 26,553 shares of the technology company's stock worth $15,256,000 after purchasing an additional 162 shares in the last quarter. Finally, Avior Wealth Management LLC raised its stake in shares of Dell Technologies by 1.2% during the 3rd quarter. Avior Wealth Management LLC now owns 13,945 shares of the technology company's stock worth $7,502,000 after purchasing an additional 171 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Performance

Shares of DELL stock traded down $4.91 on Tuesday, hitting $571.85. The company's stock had a trading volume of 3,684,539 shares, compared to its average volume of 8,248,146. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The company has a market capitalization of $363.59 billion, a PE ratio of 33.19, a PEG ratio of 0.61 and a beta of 1.37. The stock's 50 day moving average is $511.01 and its 200-day moving average is $385.71.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. During the same period in the prior year, the firm posted $1.70 EPS. Dell Technologies's quarterly revenue 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, 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 declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's dividend payout ratio is 14.63%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on DELL shares. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a report on Wednesday, September 2nd. Weiss Ratings restated a "buy (b)" rating on shares of Dell Technologies in a research note on Wednesday, August 12th. KeyCorp restated a "sector weight" rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Bank of America increased their price target on Dell Technologies from $505.00 to $600.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Finally, Raymond James Financial lifted their price objective on shares of Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $571.12.

Insider Activity at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 46,323 shares of the stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $575.43, for a total transaction of $26,655,643.89. Following the sale, the director owned 22,254 shares in the company, valued at approximately $12,805,619.22. This trade represents a 67.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Silver Lake Partners V. De (Aiv sold 26,539 shares of the business's stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $575.43, for a total transaction of $15,271,336.77. Following the transaction, the director owned 11,567 shares of the company's stock, valued at approximately $6,655,998.81. This represents a 69.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,697,272 shares of company stock worth $920,162,797 in the last 90 days. Corporate insiders own 41.50% of the company's stock.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s AI-server backlog continues to reach record levels, while analysts have raised price targets as the company benefits from accelerating demand for AI infrastructure. The key question is whether future earnings growth can justify the stock’s already substantial advance. The AI Boom Is Giving Dell a New Growth Story
• Positive Sentiment: Dell and Accenture established the Accenture Dell Business Group to pursue private and agentic AI deployments in financial services, life sciences and manufacturing. Combining Dell’s infrastructure with Accenture’s implementation and lifecycle services could expand enterprise AI sales and recurring customer relationships. Dell Technologies Expands Its Enterprise AI Push With a New Business Group
• Positive Sentiment: Analyst attention remains supportive, with brokerage commentary portraying Dell as an investable AI beneficiary. Dell’s latest reported quarter also showed significantly higher revenue and earnings than the prior year, reinforcing the growth narrative.
• Neutral Sentiment: DELL is attracting elevated investor attention, making it a trending stock. That can improve near-term trading momentum, but popularity alone does not establish additional fundamental upside. Dell Technologies Is a Trending Stock
• Negative Sentiment: Dell and Intel are examining the costs and practical challenges of scaling enterprise AI. High infrastructure, deployment and operating expenses could slow customer adoption or pressure margins, tempering the benefit of the growing backlog. Dell and Intel Weigh the Costs of Enterprise AI Scalability

Dell Technologies Profile

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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