Dell Technologies Inc. $DELL Stock: Retirement Systems of Alabama Increases Stake

Retirement Systems of Alabama raised its position in shares of Dell Technologies Inc. (NYSE:DELL) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 63,394 shares of the technology company’s stock after buying an additional 2,622 shares during the quarter. Retirement Systems of Alabama’s holdings in Dell Technologies were worth $34,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kercheville Advisors LLC raised its stake in Dell Technologies by 13.6% in the third quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock valued at $10,113,000 after buying an additional 2,250 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in Dell Technologies in the second quarter worth about $5,913,000. Gabelli Funds LLC boosted its holdings in Dell Technologies by 49.0% in the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after acquiring an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Dell Technologies during the first quarter worth about $5,930,000. Finally, Jackson Square Capital LLC increased its holdings in shares of Dell Technologies by 15.1% during the third quarter. Jackson Square Capital LLC now owns 17,115 shares of the technology company’s stock valued at $9,207,000 after acquiring an additional 2,243 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: Dell’s AI-server growth remains a potential support: a recent report points to strong AI demand, a $95 billion backlog and raised fiscal 2027 guidance. DELL Rallies 130% in a Year: Can AI Momentum Fuel More Gains?
• Neutral Sentiment: Dell will discuss its fiscal third-quarter 2027 results on a public webcast on Nov. 24; the announcement is a scheduled event, not a new financial update. Dell Technologies to Hold Conference Call Nov. 24
• Negative Sentiment: AI-server stocks sold off alongside Nvidia, dragging Dell lower. Reports also point to fears about possible restrictions or a moratorium affecting Texas data-center development, which could weigh on expectations for AI infrastructure demand. Dell Sinks 12% in a Week on Texas Data Center Fears
• Negative Sentiment: Analyst downgrades and valuation concerns are adding to caution after Dell’s sharp run-up. Investors are also watching weaker PC-demand forecasts and memory-cost pressure, which could challenge the company’s non-AI business and margins. Dell Falls as Downgrade Pressure and Weak PC Demand Concerns Weigh on Sentiment
• Negative Sentiment: The same report highlights substantial insider selling in recent months, which may reinforce investor concerns about near-term upside. Insider and market sentiment analysis

Dell Technologies Stock Down 3.6%

Shares of NYSE DELL opened at $333.81 on Wednesday. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The business’s 50 day moving average price is $500.18 and its 200 day moving average price is $338.68. The firm has a market cap of $212.24 billion, a P/E ratio of 19.37, a P/E/G ratio of 0.36 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results 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. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same period last year, the firm posted $1.70 EPS. Dell Technologies’s revenue for the quarter was up 57.7% compared to the same quarter last year. 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. As a group, research analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.8%. Dell Technologies’s payout ratio is currently 14.63%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Truist Financial increased their price objective 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. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a research note on Wednesday, September 2nd. Piper Sandler reaffirmed an “overweight” rating and issued a $558.00 price target (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Insiders Place Their Bets

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction dated 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 transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the transaction, the director owned 64,209 shares of the company’s stock, valued at $33,217,884.06. The trade was a 58.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,819,650 shares of company stock valued at $991,183,596 over the last 90 days. 41.50% of the stock is currently owned by insiders.

Dell Technologies Profile

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.