SMART Wealth LLC Acquires New Position in Dell Technologies Inc. $DELL

Key Points

• SMART Wealth LLC acquired 6,530 Dell shares in the second quarter, valued at approximately $2.8 million. Institutional investors collectively own 76.37% of the company.
• Dell reported a strong quarterly performance, with revenue rising 57.7% year over year to $46.97 billion and adjusted EPS of $7.04, beating estimates. AI-server demand, including a reported $95 billion backlog, remains the primary growth catalyst.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and average price target of $553.79, although insider selling and concerns about valuation, margins and backlog execution present risks.

SMART Wealth LLC bought a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,530 shares of the technology company's stock, valued at approximately $2,818,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Retirement Investments LLC purchased a new position in shares of Dell Technologies during the fourth quarter worth approximately $25,000. Rossby Financial LCC boosted its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company's stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC bought a new position in shares of Dell Technologies during the 4th quarter valued at $29,000. Kemnay Advisory Services Inc. bought a new position in shares of Dell Technologies during the 4th quarter valued at $29,000. Finally, WealthCollab LLC raised its position in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company's stock worth $31,000 after purchasing an additional 114 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Analyst Upgrades and Downgrades

DELL has been the subject of several analyst reports. Melius Research upped their price target on shares of Dell Technologies from $650.00 to $735.00 and gave the company a "buy" rating in a research report on Wednesday. Weiss Ratings reiterated a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. Susquehanna set a $289.00 target price on Dell Technologies and gave the company a "neutral" rating in a research note on Friday, May 29th. Evercore raised their price target on Dell Technologies from $550.00 to $575.00 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, Roth Capital started coverage on Dell Technologies in a research report on Friday, May 29th. They issued a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $553.79.

Trending Headlines about Dell Technologies

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

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 shares of the company's stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the completion of the transaction, the director directly owned 89,222 shares in the company, valued at approximately $40,465,745.88. This represents a 40.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $438.21, for a total transaction of $886,060.62. Following the completion of the sale, the director directly owned 25,267 shares of the company's stock, valued at approximately $11,072,252.07. This represents a 7.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,527,629 shares of company stock worth $619,325,485. 41.50% of the stock is currently owned by insiders.

Dell Technologies Trading Up 1.8%

Dell Technologies stock opened at $525.66 on Friday. The firm has a market cap of $340.69 billion, a P/E ratio of 30.51, a P/E/G ratio of 0.73 and a beta of 1.34. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $534.99. The firm has a 50-day moving average of $439.28 and a 200-day moving average of $308.94.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (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 company 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. Dell Technologies's 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. Research analysts forecast that Dell Technologies Inc. will post 21.28 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business 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. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies's payout ratio is 14.63%.

Dell Technologies Company Profile

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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