1,881 Dell Technologies Inc. $DELL Shares Sold by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. cut its holdings in Dell Technologies Inc. (NYSE:DELL) by 77.6% during the 3rd quarter, Holdings Channel reports. The firm owned 544 shares of the technology company’s stock after selling 1,881 shares during the period. Confluence Wealth Services Inc.’s holdings in Dell Technologies were worth $293,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Kercheville Advisors LLC lifted 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 worth $10,113,000 after acquiring an additional 2,250 shares during the period. Plato Investment Management Ltd bought a new stake in Dell Technologies in the second quarter valued at $5,913,000. Gabelli Funds LLC increased its position in Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares during the period. Segall Bryant & Hamill LLC purchased a new position in Dell Technologies during the 1st quarter valued at $5,930,000. Finally, Jackson Square Capital LLC raised its holdings in Dell Technologies by 15.1% in the 3rd quarter. Jackson Square Capital LLC now owns 17,115 shares of the technology company’s stock worth $9,207,000 after purchasing an additional 2,243 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Down 0.5%

NYSE DELL opened at $371.83 on Friday. The firm has a market capitalization of $236.41 billion, a PE ratio of 21.58, a P/E/G ratio of 0.39 and a beta of 1.45. The stock’s 50 day moving average is $496.81 and its 200 day moving average is $341.25. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $595.51.

Dell Technologies (NYSE:DELL) last posted 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 business 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 quarterly revenue was up 57.7% compared to the same quarter last year. 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. On average, research analysts anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders 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 0.7%. Dell Technologies’s dividend payout ratio is currently 14.63%.

Recent Dell Technologies Headlines

Investors following DELL have been watching these headlines:

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and increased spending plans from cloud customer CoreWeave support the outlook for AI infrastructure demand. Dell Has a $95 Billion AI Server Backlog. Is the Stock a Buy?
• Positive Sentiment: Dell and KIOXIA introduced a high-capacity 157-petabyte storage rack, while Dell also launched an AMD-powered AI coding platform—products aimed at enterprise data-center and AI workloads. Why Is Dell Technologies (DELL) Talking Up 157 PB Storage And AI Racks?
• Negative Sentiment: Concerns about weaker PC demand and rising costs remain risks, tempering the positive AI backlog outlook. Dell Has a $95 Billion AI Server Backlog. Is the Stock a Buy?

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 44,408 shares of the stock in a transaction dated 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. This trade represents a 50.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of Dell Technologies stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $14,845,156.20. Following the transaction, the director directly owned 22,686 shares of the company’s stock, valued at approximately $13,210,057.80. This trade represents a 52.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings cut shares of Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, November 3rd. Evercore reaffirmed an “outperform” rating and set a $650.00 target price on shares of Dell Technologies in a research note on Wednesday, September 9th. Melius Research boosted their price target on shares of Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. increased their price target on shares of Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. Finally, US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a report on Wednesday, September 2nd. One research 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Company 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.