Park Avenue Securities LLC Acquires 2,549 Shares of Dell Technologies Inc. $DELL

Key Points

• Park Avenue Securities increased its Dell Technologies stake by 31.8% in the third quarter, adding 2,549 shares to hold 10,556 shares valued at approximately $5.68 million.
• Other major institutions also expanded their positions, including Wellington Management and Robeco; hedge funds and institutional investors collectively own 76.37% of Dell’s stock.
• Dell’s latest quarter showed strong momentum, with revenue rising 57.7% year over year and EPS of $7.04 exceeding estimates of $4.91. Analysts maintain a “Moderate Buy” consensus, though concerns remain about valuation, memory costs and intense AI infrastructure competition.

Park Avenue Securities LLC grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 31.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,556 shares of the technology company's stock after acquiring an additional 2,549 shares during the period. Park Avenue Securities LLC's holdings in Dell Technologies were worth $5,678,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of DELL. Bank of America Corp DE boosted its holdings in Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock valued at $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Wellington Management Group LLP increased its holdings in 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 worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Dell Technologies by 107.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company's stock worth $350,288,000 after purchasing an additional 337,836 shares during the period. NewEdge Advisors LLC raised its position in Dell Technologies by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company's stock valued at $207,355,000 after purchasing an additional 22,924 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Dell Technologies by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company's stock valued at $157,869,000 after purchasing an additional 27,668 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell is scheduled to report third-quarter earnings, with analysts expecting triple-digit year-over-year EPS growth. A strong result or upbeat outlook could reinforce confidence in the company’s AI infrastructure momentum. What You Need to Know Ahead of Dell Technologies Earnings Release
• Positive Sentiment: Dell’s AI-server business exited the latest quarter with a reported record $95 billion backlog, supporting the long-term growth narrative. The company is also expanding cybersecurity, identity, storage and resilience offerings for AI environments, while introducing new AI-focused PCs. Why Is Dell Stock Soaring Today
• Neutral Sentiment: Investors are comparing Dell with Advanced Micro Devices, which has secured major AI-GPU agreements with OpenAI and Meta. The comparison highlights Dell’s strength in end-to-end infrastructure, but also underscores intense competition for AI-related capital. Advanced Micro Devices vs. Dell Technologies
• Neutral Sentiment: Director Lynn Vojvodich Radakovich sold 2,022 shares for approximately $930,120 under a pre-arranged Rule 10b5-1 plan. The transaction modestly reduces insider ownership but does not necessarily signal deteriorating business expectations. Dell Director Stock Sale
• Negative Sentiment: Barclays previously downgraded Dell on concerns that higher memory prices, rather than accelerating enterprise AI demand, may be driving revenue growth. That raises questions about margins, cash generation and whether AI demand is strong enough to justify the stock’s elevated valuation. Dell Stock Sinks After Barclays Downgrade
• Negative Sentiment: Options-market positioning points to a potential settlement near $480 by November 20, suggesting near-term traders remain cautious after Dell’s sharp advance. Dell Max Pain Points to $480

Dell Technologies Price Performance

Shares of NYSE DELL opened at $493.25 on Thursday. The company has a market capitalization of $313.62 billion, a price-to-earnings ratio of 28.63, a price-to-earnings-growth ratio of 0.47 and a beta of 1.37. The business has a 50-day moving average of $513.18 and a two-hundred day moving average of $327.00. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51.

Dell Technologies (NYSE:DELL - Get Free Report) last released 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. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the business posted $1.70 EPS. The business'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. As a group, equities research analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies's dividend payout ratio is currently 14.63%.

Insider Activity at Dell Technologies

In other news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the business's stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $14,845,156.20. Following the completion of the sale, the director owned 22,686 shares in the company, valued at approximately $13,210,057.80. The trade was a 52.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company's stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $460.00, for a total transaction of $930,120.00. Following the completion of the transaction, the director owned 25,686 shares of the company's stock, valued at approximately $11,815,560. The trade was a 7.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,819,650 shares of company stock valued at $991,183,596 in the last quarter. Company insiders own 41.50% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on DELL shares. 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 research note on Wednesday, September 2nd. Sanford C. Bernstein upped their target price on shares of Dell Technologies from $500.00 to $650.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. Citigroup raised their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the company a "buy" rating in a report on Wednesday, September 2nd. Wells Fargo & Company lifted their price target on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an "overweight" rating in a research note on Friday, August 14th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Dell Technologies in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $569.96.

About Dell Technologies

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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