Dell Technologies Inc. $DELL Shares Sold by Formidable Asset Management LLC

Formidable Asset Management LLC reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 62.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,514 shares of the technology company’s stock after selling 4,243 shares during the quarter. Formidable Asset Management LLC’s holdings in Dell Technologies were worth $1,352,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DELL. Bank of America Corp DE lifted its position in Dell Technologies by 7.6% in the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after buying an additional 1,011,101 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of 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 valued at $1,090,294,000 after buying an additional 1,474,347 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after acquiring an additional 27,668 shares in the last quarter. Swiss National Bank grew its holdings in shares of Dell Technologies by 4.7% during the 1st quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock valued at $152,806,000 after acquiring an additional 41,700 shares in the last quarter. Finally, Amundi increased its stake in shares of Dell Technologies by 5.8% in the first quarter. Amundi now owns 845,709 shares of the technology company’s stock worth $138,806,000 after acquiring an additional 46,240 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
• Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
• Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks

Dell Technologies Trading Up 3.8%

Dell Technologies stock opened at $329.02 on Friday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51. The firm’s fifty day simple moving average is $504.83 and its 200-day simple moving average is $336.43. The company has a market capitalization of $209.19 billion, a P/E ratio of 19.10, a P/E/G ratio of 0.34 and a beta of 1.45.

Dell Technologies (NYSE:DELL) 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 firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. Dell Technologies’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same period in the prior 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. On average, equities research analysts predict 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 was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.8%. Dell Technologies’s payout ratio is currently 14.63%.

Insider Activity at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the transaction, the director owned 1,404,569 shares of the company’s stock, valued at approximately $823,639,261.60. This represents a 0.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the firm’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 value of $25,858,778.40. Following the completion of the transaction, the director directly owned 43,740 shares in the company, valued at $25,469,802. The trade was a 50.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,819,650 shares of company stock worth $991,183,596 in the last 90 days. Insiders own 41.50% of the company’s stock.

Analyst Upgrades and Downgrades

DELL has been the subject of several recent research reports. US Capital Advisors set a $625.00 price objective on Dell Technologies in a report on Wednesday, September 2nd. Daiwa Securities Group boosted their target price on Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a research note on Friday, September 18th. Cantor Fitzgerald assumed coverage on Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating on the stock. Weiss Ratings downgraded Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, Truist Financial lifted their price target on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a report on Wednesday, September 2nd. One 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. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

About Dell Technologies

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.