VIRGINIA RETIREMENT SYSTEMS ET Al Invests $9.83 Million in Dell Technologies Inc. $DELL

Key Points

• Virginia Retirement Systems bought 22,782 Dell shares valued at approximately $9.83 million, while institutional investors collectively own 76.37% of the company.
• Dell reported strong quarterly results, with $7.04 in adjusted EPS and $46.97 billion in revenue, surpassing estimates and reflecting 57.7% year-over-year revenue growth. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $553.79.
• Dell’s shares have surged near their 12-month high amid strong AI-server demand, but valuation and execution risks remain. Insiders sold more than 1.24 million shares worth approximately $558.4 million last quarter, while the company declared a quarterly dividend of $0.63 per share.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 22,782 shares of the technology company's stock, valued at approximately $9,830,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the fourth quarter valued at about $25,000. Rossby Financial LCC grew its stake in Dell Technologies by 968.4% in the fourth 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 acquired a new position in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. bought a new stake in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Finally, WealthCollab LLC boosted its holdings in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company's stock valued at $31,000 after buying an additional 114 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DELL. Fox Advisors raised shares of Dell Technologies from an "equal weight" rating to an "overweight" rating and set a $625.00 price target on the stock in a research report on Wednesday, September 2nd. UBS Group reiterated an "outperform" rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a report on Thursday, September 3rd. They set a "hold" rating and a $480.00 price target for the company. Susquehanna set a $289.00 price objective on Dell Technologies and gave the company a "neutral" rating in a research note on Friday, May 29th. Finally, HSBC upgraded Dell Technologies to a "buy" rating in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Dell Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $553.79.

Dell Technologies Stock Up 1.7%

Dell Technologies stock opened at $533.27 on Wednesday. The company's 50-day moving average price is $443.55 and its two-hundred day moving average price is $316.11. The stock has a market cap of $345.62 billion, a P/E ratio of 30.95, a P/E/G ratio of 0.54 and a beta of 1.34. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $538.47.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The business's revenue was up 57.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.70 earnings per share. 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. Equities analysts anticipate that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Record AI server orders of $60.9 billion helped drive quarterly revenue to $46.97 billion, while earnings of $7.04 per share exceeded the $4.91 consensus estimate. The results reinforce expectations for rapid growth in AI-related infrastructure. Dell Q2 2027 Earnings Call Transcript
• Positive Sentiment: Coverage emphasizes that Dell is benefiting from an “on-premise” AI buildout, as enterprises install servers and AI systems internally rather than relying exclusively on public cloud providers. This broadens the potential demand opportunity beyond hyperscale data centers. Dell’s latest reinvention and on-premise AI
• Positive Sentiment: Analysts and financial commentators continue to raise Dell’s profile as a leading AI infrastructure investment, citing surging earnings, strong demand and the company’s roughly $95 billion AI backlog. Wall Street optimism has supported the stock’s recent momentum. Wall Street raises Dell targets after earnings
• Neutral Sentiment: Dell’s consumer PC business is also expanding with the lower-priced Dell 14S laptop, supported by improving PC demand. However, competition from HP and Apple limits the significance of this opportunity relative to the much larger AI server business. Dell expands consumer PC reach
• Negative Sentiment: At roughly $524 per share after a gain of more than 300% over the past year, valuation and execution risk are becoming more important. Investors are questioning how much of the AI backlog will convert into revenue and profitable margins, while the stock’s proximity to its high leaves less room for disappointment. Is Dell Making Money Where You Think It Is?

Insider Buying and Selling at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the sale, the director owned 73,185 shares of the company's stock, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the company's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the transaction, the director owned 64,209 shares in the company, valued at $33,217,884.06. This trade represents a 58.68% 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 1,248,199 shares of company stock worth $558,352,352 in the last quarter. Company insiders own 41.50% of the company's stock.

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, 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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