National Pension Service Sells 78,609 Shares of Dell Technologies Inc. $DELL

Key Points

• National Pension Service reduced its Dell Technologies stake by 10.7%, selling 78,609 shares in the second quarter and retaining 653,939 shares valued at approximately $282.1 million. Institutional investors collectively own 76.37% of Dell.
• Dell reported strong quarterly results, with EPS of $7.04 versus the $4.91 consensus and revenue of $46.97 billion, up 57.7% year over year. Record AI-server demand and a roughly $95 billion backlog are supporting bullish analyst expectations.
• Shares opened at $535.20, near their 52-week high of $562.99, while the company announced a quarterly dividend of $0.63 per share. Recent insider selling and the stock’s elevated valuation remain potential risks despite a “Moderate Buy” consensus rating.

National Pension Service decreased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 10.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 653,939 shares of the technology company's stock after selling 78,609 shares during the period. National Pension Service owned 0.10% of Dell Technologies worth $282,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DELL. Cornerstone Financial Management LLC boosted its position in shares of Dell Technologies by 56.1% in the 2nd 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. Byrne Asset Management LLC acquired a new position in Dell Technologies during the 2nd quarter valued at about $38,000. Atwood & Palmer Inc. raised its stake in 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 buying an additional 86 shares during the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in Dell Technologies in the second quarter valued at about $43,000. Finally, Allied Private Wealth LLC acquired a new stake in Dell Technologies in the second quarter worth about $63,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 0.2%

Shares of NYSE DELL opened at $535.20 on Thursday. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $562.99. The business's 50 day moving average price is $445.73 and its 200 day moving average price is $319.04. The firm has a market cap of $346.87 billion, a P/E ratio of 31.06, a P/E/G ratio of 0.55 and a beta of 1.34.

Dell Technologies (NYSE:DELL - Get Free Report) last posted 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. The company had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. Dell Technologies's revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period last 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, research analysts expect that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies's payout ratio is currently 14.63%.

Insider Buying and Selling

In other news, Director Spv-2 L.P. Sl sold 49,946 shares of the business's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $521.34, for a total value of $26,038,847.64. Following the completion of the transaction, the director owned 97,315 shares of the company's stock, valued at $50,734,202.10. The trade was a 33.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Jane Tunnell sold 5,436 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $523.51, for a total value of $2,845,800.36. Following the completion of the sale, the chief marketing officer owned 41,539 shares in the company, valued at $21,746,081.89. The trade was a 11.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,301,517 shares of company stock valued at $607,019,380 in the last 90 days. 41.50% of the stock is currently owned by insiders.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Evercore raised its price target and reaffirmed Dell as a top pick, while other analysts maintain bullish ratings. The company’s record AI-server orders, approximately $95 billion backlog and accelerating enterprise infrastructure spending underpin expectations for further upside. Dell rises as Evercore names it a top pick
• Positive Sentiment: Recent quarterly results continue to support the rally. Dell reported $7.04 EPS versus the $4.91 consensus estimate and revenue of $46.97 billion, up 57.7% year over year. AI-server orders totaled a record $60.9 billion, reinforcing expectations for strong growth in data-center infrastructure. Dell Q2 2027 earnings call transcript
• Positive Sentiment: Investors are also watching the Goldman Sachs conference for additional commentary on AI demand, enterprise adoption and the company’s raised outlook. Coverage highlights Dell’s expanding role in “on-premise” AI deployments, broadening its opportunity beyond hyperscale cloud customers. Dell conference presentation transcript
• Neutral Sentiment: Dell plans to raise approximately $4 billion through bonds to refinance debt while funding its AI-server expansion. Refinancing may improve flexibility, but investors will monitor borrowing costs, leverage and returns on the company’s substantial infrastructure investment. Dell plans $4 billion bond sale
• Negative Sentiment: Insider selling is a modest headwind. CMO Jane Tunnell and insider Jennifer Saavedra sold shares, while Silver Lake-affiliated entities sold more than 400,000 shares in several transactions. Although these sales may reflect diversification or planned liquidity needs, they reduce insider ownership as DELL trades near record levels. Dell insider selling
• Negative Sentiment: After a gain exceeding 300% over the past year, valuation and execution risks are rising. The stock’s premium multiple leaves less room for weaker AI-server demand, margin pressure or delays converting its backlog into profitable revenue. Dell valuation and backlog analysis

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DELL. Morgan Stanley upped their price objective on shares of Dell Technologies from $434.00 to $499.00 and gave the company an "equal weight" rating in a report on Wednesday, September 2nd. Citic Securities lifted their target price on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a "buy" rating in a research note on Monday, June 1st. HSBC upgraded shares of Dell Technologies to a "buy" rating in a research note on Friday, May 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. Finally, Mizuho lifted their price objective on shares of Dell Technologies from $500.00 to $600.00 and gave the stock an "outperform" rating in a research note 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 given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $556.92.

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.

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