2,948 Shares in Dell Technologies Inc. $DELL Bought by Sacks & Associates LLC

Sacks & Associates LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL) during the third quarter, HoldingsChannel.com reports. The fund purchased 2,948 shares of the technology company’s stock, valued at approximately $1,586,000. Dell Technologies accounts for approximately 1.1% of Sacks & Associates LLC’s investment portfolio, making the stock its 26th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gallagher Capital Advisors LLC raised its stake in Dell Technologies by 2.8% during the third quarter. Gallagher Capital Advisors LLC now owns 2,800 shares of the technology company’s stock valued at $1,506,000 after buying an additional 75 shares during the last quarter. Tilia Fiduciary Partners Inc. bought a new position in shares of Dell Technologies during the third quarter valued at $3,048,000. Prism Advisors Inc. purchased a new position in Dell Technologies in the 3rd quarter worth approximately $69,000. Argus Investors Counsel Inc. lifted its position in Dell Technologies by 6.8% in the 3rd quarter. Argus Investors Counsel Inc. now owns 3,568 shares of the technology company’s stock valued at $1,919,000 after acquiring an additional 227 shares in the last quarter. Finally, Bill Few Associates Inc. boosted its stake in Dell Technologies by 4.5% during the 3rd quarter. Bill Few Associates Inc. now owns 690 shares of the technology company’s stock valued at $371,000 after purchasing an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Evercore ISI raised its price target for Dell to $650 from $500, adding to a series of bullish target increases. The revisions reflect expectations for sustained AI-server growth, a large backlog and strong customer demand. Evercore ISI raises Dell price target
• Positive Sentiment: Wedbush analyst Dan Ives added DELL to his Ives AI 30 “Winner List.” The inclusion reinforces the view that Dell is a major beneficiary of the ongoing AI infrastructure spending cycle. Dan Ives adds Dell to AI 30
• Positive Sentiment: Dell’s UAE technology forum is highlighting how businesses can scale AI and modernize infrastructure, supporting the company’s enterprise pipeline and long-term demand outlook. Its enhanced AI Data Platform and NVIDIA-powered capabilities also strengthen its competitive positioning. Dell Technologies Forum UAE
• Neutral Sentiment: CEO Michael Dell’s pledge to contribute to employees’ children’s Trump Accounts and continued public attention around the initiative raise Dell’s visibility, but the program is philanthropic and has limited direct impact on operating results. Dell pledges employee Trump Account contributions
• Negative Sentiment: Several Silver Lake-affiliated directors sold roughly $73 million of Dell stock on October 6, with some transactions reducing their positions by about 68% to 72%. The sales may create a near-term supply and investor-confidence overhang. Dell insider-selling filing
• Negative Sentiment: A disclosure also showed that an account managed independently for President Donald Trump sold between $500,001 and $1 million of Dell shares, followed by a smaller sale. The transactions could temper enthusiasm around his public support for the stock. Trump-linked account sells Dell shares

Dell Technologies Price Performance

Shares of DELL opened at $587.88 on Friday. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51. The firm has a market capitalization of $373.78 billion, a P/E ratio of 34.12, a PEG ratio of 0.60 and a beta of 1.37. The business has a fifty day moving average of $508.07 and a 200 day moving average of $381.38.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. Dell Technologies’s revenue was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Insider Buying and Selling

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were 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 directly owned 73,185 shares in the company, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,697,272 shares of company stock worth $920,162,797. 41.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DELL has been the subject of several recent analyst reports. Raymond James Financial boosted their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Truist Financial lifted their price objective on Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a report on Wednesday, September 2nd. Melius Research boosted their target price on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. TD Cowen upped their target price on shares of Dell Technologies from $500.00 to $550.00 and gave the company a “hold” rating in a research note on Tuesday, September 29th. Finally, Daiwa Securities Group lifted their price target on shares of Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $571.12.

About Dell Technologies

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.