Mirador Capital Partners LP lessened its stake in Dell Technologies Inc. (NYSE:DELL – Free Report) by 36.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,976 shares of the technology company’s stock after selling 7,574 shares during the period. Mirador Capital Partners LP’s holdings in Dell Technologies were worth $6,980,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently made changes to their positions in DELL. Bill Few Associates Inc. grew its position in Dell Technologies by 4.5% in the third quarter. Bill Few Associates Inc. now owns 690 shares of the technology company’s stock worth $371,000 after acquiring an additional 30 shares in the last quarter. Riversedge Advisors LLC raised its stake in shares of Dell Technologies by 49.6% during the third quarter. Riversedge Advisors LLC now owns 977 shares of the technology company’s stock valued at $525,000 after acquiring an additional 324 shares during the last quarter. Wedmont Private Capital grew its position in shares of Dell Technologies by 22.1% in the 3rd quarter. Wedmont Private Capital now owns 4,825 shares of the technology company’s stock worth $2,772,000 after buying an additional 874 shares during the last quarter. Douglas Lane & Associates LLC purchased a new position in shares of Dell Technologies during the third quarter valued at approximately $237,000. Finally, Legacy Wealth Asset Management LLC bought a new position in shares of Dell Technologies during the third quarter valued at approximately $1,864,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have issued reports on DELL. US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 2nd. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a research report on Wednesday, September 2nd. Truist Financial boosted their price target on shares of Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft began coverage on shares of Dell Technologies in a research note on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price target for the company. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $571.12.
Dell Technologies Trading Up 2.3%
Dell Technologies stock opened at $587.88 on Friday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $595.51. The company has a market capitalization of $373.78 billion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 0.60 and a beta of 1.37. The business’s fifty day simple moving average is $508.07 and its two-hundred day simple moving average is $381.38.
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 (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.70 EPS. 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 EPS for the current year.
Dell Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.4%. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.
Insider Transactions at Dell Technologies
In other Dell Technologies news, 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 transaction, the director owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’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 $42,942,324.04. Following 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 position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,697,272 shares of company stock valued at $920,162,797. 41.50% of the stock is owned by insiders.
More Dell Technologies News
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 Company Profile
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.
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