Saudi Central Bank Acquires 9,377 Shares of Dell Technologies Inc. $DELL

Key Points

• Saudi Central Bank increased its Dell Technologies stake by 80.1% in the second quarter, purchasing 9,377 additional shares and bringing its holdings to 21,086 shares valued at approximately $9.1 million. Institutional investors collectively own 76.37% of DELL.
• Insiders sold heavily: Directors sold more than 1.5 million shares worth approximately $619.3 million over the past three months, including two June transactions totaling about $107.5 million.
• Dell reported a strong quarter, with revenue rising 57.7% year over year to $46.97 billion and earnings of $7.04 per share, beating estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $553.79, while shares recently traded near their 52-week high.

Saudi Central Bank increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 80.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,086 shares of the technology company's stock after purchasing an additional 9,377 shares during the period. Saudi Central Bank's holdings in Dell Technologies were worth $9,098,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DELL. Triumph Capital Management boosted its position in Dell Technologies by 2.3% during the 2nd quarter. Triumph Capital Management now owns 1,405 shares of the technology company's stock valued at $606,000 after acquiring an additional 32 shares in the last quarter. Accel Wealth Management raised its position in shares of Dell Technologies by 2.8% in the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company's stock worth $613,000 after acquiring an additional 39 shares in the last quarter. Ariadne Wealth Management LP lifted its stake in shares of Dell Technologies by 1.6% during the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company's stock worth $508,000 after purchasing an additional 49 shares during the last quarter. Bell Investment Advisors Inc lifted its stake in shares of Dell Technologies by 19.3% during the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company's stock worth $53,000 after purchasing an additional 52 shares during the last quarter. Finally, Vectors Research Management LLC boosted its position in Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company's stock valued at $2,404,000 after purchasing an additional 55 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Spv-2 L.P. Sl sold 131,040 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $52,170,955.20. Following the sale, the director owned 12,619 shares in the company, valued at $5,024,002.47. This represents a 91.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the business's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the transaction, the director owned 8,585 shares of the company's stock, valued at $3,417,946.05. This represents a 94.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,527,629 shares of company stock valued at $619,325,485 over the last three months. 41.50% of the stock is currently owned by insiders.

Dell Technologies Price Performance

Shares of DELL stock opened at $525.66 on Friday. The business has a fifty day moving average of $439.28 and a 200 day moving average of $308.94. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $534.99. The firm has a market capitalization of $340.68 billion, a price-to-earnings ratio of 30.51, a price-to-earnings-growth ratio of 0.75 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 for the quarter, beating 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 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 previous year, the business earned $1.70 EPS. The company's quarterly revenue was up 57.7% compared to the same quarter last year. 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 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued 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 14.63%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DELL shares. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an "overweight" rating in a report on Friday, August 14th. UBS Group reaffirmed an "outperform" rating on shares of Dell Technologies in a research report on Wednesday. Roth Capital initiated coverage on shares of Dell Technologies in a research note on Friday, May 29th. They set a "buy" rating for the company. Argus increased their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the company a "buy" rating in a research report on Friday, May 29th. Finally, Mizuho raised their target price on shares of Dell Technologies from $500.00 to $600.00 and gave the company an "outperform" rating in a research note on Wednesday. One research 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 MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $553.79.

More Dell Technologies News

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

• Positive Sentiment: AI demand remains the primary catalyst. Dell reported record AI-server orders and a roughly $95 billion backlog, supporting expectations for sustained data-center growth. Broad enterprise IT-refresh demand is providing an additional tailwind. DELL Stock Hits 52-Week High: Does it Have More Room to Run?
• Positive Sentiment: The latest earnings beat reset expectations higher. Dell posted quarterly revenue of $46.97 billion, up 57.7% year over year and above the $44.89 billion consensus. Adjusted earnings of $7.04 per share exceeded estimates by $2.13, while management raised its fiscal outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
• Positive Sentiment: Analyst support strengthened. Goldman Sachs increased its price target by $60, while JPMorgan raised its target to $635. Other firms, including UBS, Morgan Stanley and TD Cowen, also expressed constructive views, reinforcing bullish sentiment around Dell’s AI-server opportunity. Goldman Sachs resets Dell stock price target by $60
• Positive Sentiment: Dell is increasingly viewed as a potential major AI beneficiary because its growth is being supported by reported customer orders and revenue rather than expectations alone. Its performance has also helped validate the broader AI infrastructure trade. Bank of America sees upside in surging AI stock
• Neutral Sentiment: Valuation and execution are becoming more important. After a sharp 2026 rally and a move near its 52-week high, investors are debating whether the backlog can translate into profitable growth at current expectations.
• Negative Sentiment: Some commentary cautions that Dell’s margins, supply availability and ability to convert the backlog into cash flow could limit further upside. The stock’s substantial gains also increase the risk of profit-taking or consolidation if future results merely meet, rather than exceed, elevated expectations. Dell Just Jumped 16% and One Strategist Says That Is the Whole Tech Argument Right Now

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

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