Ninety One UK Ltd Sells 53,298 Shares of Dell Technologies Inc. $DELL

Ninety One UK Ltd trimmed its position in Dell Technologies Inc. (NYSE:DELL) by 14.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 304,358 shares of the technology company’s stock after selling 53,298 shares during the period. Ninety One UK Ltd’s holdings in Dell Technologies were worth $163,729,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Collective Family Office LLC raised its stake in Dell Technologies by 1.5% in the 3rd quarter. Collective Family Office LLC now owns 1,299 shares of the technology company’s stock valued at $699,000 after acquiring an additional 19 shares during the period. Cornerstone Financial Management LLC lifted its holdings in Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after purchasing an additional 23 shares during the last quarter. Noble Wealth Management PBC boosted its position in Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after purchasing an additional 25 shares during the period. Retirement Wealth Solutions LLC boosted its position in Dell Technologies by 41.3% during the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock worth $48,000 after purchasing an additional 26 shares during the period. Finally, Bill Few Associates Inc. increased its holdings in shares of Dell Technologies by 4.5% in the third 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. 76.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DELL shares. 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 report on Wednesday, September 2nd. JPMorgan Chase & Co. boosted their price objective on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a report on Wednesday, September 2nd. Susquehanna restated a “positive” rating on shares of Dell Technologies in a report on Tuesday, September 29th. Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 target price on the stock. Finally, Cantor Fitzgerald assumed coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They set an “overweight” rating on the stock. 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $569.96.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: CEO Michael Dell said AI demand remains strong and that memory and semiconductor supplies could stay constrained through 2029 or 2030. Persistent supply tightness could support long-term demand for Dell’s AI servers and infrastructure. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
• Positive Sentiment: Dell is partnering with Honeywell and NVIDIA on Forge Cognition, an agentic-AI platform for buildings and industrial facilities. The project broadens Dell’s potential enterprise-AI opportunity beyond hyperscale data centers. Honeywell Launches Forge Cognition AI Platform With Nvidia and Dell Technologies
• Neutral Sentiment: Dell’s latest reported quarter showed strong operating momentum, with revenue up 57.7% year over year and EPS of $7.04 versus the $4.91 consensus estimate. However, investors are now focused more heavily on forward demand, margins and valuation than on past results.
• Neutral Sentiment: Silver Lake-related entities reported several large stock sales at prices near $582, reducing some positions but retaining substantial ownership. The transactions may reflect portfolio management, although the lack of insider purchases adds to the cautious tone. SEC ownership filing
• Negative Sentiment: Barclays cut Dell to Equal Weight from Overweight, arguing that the stock’s valuation had risen too far and that there was not yet a meaningful enterprise-AI demand inflection. Reports cited a lower price target, including $574 in one account, which pressured the shares after their substantial rally. Dell stock plunges after Barclays downgrade
• Negative Sentiment: Investors are questioning whether Dell’s AI-server backlog represents durable demand or is partly being driven by elevated memory and component prices. A richer AI-system mix could also create margin pressure, limiting the earnings benefit of strong revenue growth. Why Dell’s stock was one of the S&P 500’s biggest laggards
• Negative Sentiment: A hotter inflation report increased concerns about higher-for-longer interest rates, adding macro pressure to high-growth technology stocks and intensifying the broader AI-sector sell-off. AI stocks drop after hot inflation report

Dell Technologies Stock Down 8.6%

Shares of NYSE DELL traded down $43.51 during midday trading on Thursday, reaching $464.43. 9,825,938 shares of the company were exchanged, compared to its average volume of 8,282,731. The stock has a market cap of $295.29 billion, a P/E ratio of 26.86, a PEG ratio of 0.59 and a beta of 1.37. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51. The stock’s 50-day moving average price is $513.95 and its 200-day moving average price is $390.78.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion during 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%. The firm’s revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given 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 payout ratio is presently 14.63%.

Insider Activity

In related news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $565.28, for a total value of $1,142,996.16. Following the transaction, the director owned 25,267 shares of the company’s stock, valued at approximately $14,282,929.76. This trade represents a 7.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Egon Durban sold 1,850 shares of the firm’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total value of $1,014,540.00. Following the completion of the transaction, the director owned 1,405,236 shares in the company, valued at $770,631,422.40. This represents a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,817,628 shares of company stock valued at $990,253,476. Corporate insiders own 41.50% of the company’s stock.

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.