NorthRock Partners LLC Takes $531,000 Position in Dell Technologies Inc. $DELL

NorthRock Partners LLC acquired a new stake in Dell Technologies Inc. (NYSE:DELL) during the second quarter, HoldingsChannel reports. The fund acquired 1,230 shares of the technology company’s stock, valued at approximately $531,000.

Other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its stake in shares of Dell Technologies by 3.6% in the second quarter. Integrated Wealth Concepts LLC now owns 18,027 shares of the technology company’s stock valued at $7,778,000 after buying an additional 621 shares in the last quarter. NewEdge Advisors LLC raised its position in Dell Technologies by 5.0% in the second quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock worth $207,355,000 after acquiring an additional 22,924 shares in the last quarter. IFP Advisors Inc lifted its holdings in Dell Technologies by 5.9% in the second quarter. IFP Advisors Inc now owns 2,981 shares of the technology company’s stock valued at $1,286,000 after acquiring an additional 166 shares during the period. JW Asset Management LLC acquired a new stake in Dell Technologies in the second quarter valued at $1,510,000. Finally, West Family Investments Inc. boosted its position in shares of Dell Technologies by 3.6% during the 2nd quarter. West Family Investments Inc. now owns 1,263 shares of the technology company’s stock worth $545,000 after purchasing an additional 44 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Stock Up 11.8%

Shares of NYSE:DELL opened at $566.62 on Friday. The company has a market capitalization of $367.23 billion, a P/E ratio of 32.89, a P/E/G ratio of 0.52 and a beta of 1.34. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $567.75. The stock’s fifty day simple moving average is $451.44 and its 200-day simple moving average is $323.46.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating 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 business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the previous year, the business posted $1.70 earnings per share. The company’s revenue was up 57.7% on a year-over-year basis. 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, sell-side analysts anticipate that Dell Technologies Inc. will post 25.14 earnings per share 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 issued a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Insider Activity at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 1,900 shares of the stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $534.45, for a total transaction of $1,015,455.00. Following the completion of the sale, the director owned 1,397,035 shares of the company’s stock, valued at approximately $746,645,355.75. This represents a 0.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Spv-2 L.P. Sl sold 48,097 shares of the stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $540.39, for a total value of $25,991,137.83. Following the completion of the sale, the director owned 47,386 shares of the company’s stock, valued at approximately $25,606,920.54. This represents a 50.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,432,945 shares of company stock valued at $694,663,063 over the last three months. Insiders own 41.50% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
• Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
• Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
• Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DELL. Jefferies Financial Group cut shares of Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Piper Sandler restated an “overweight” rating and set a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Wells Fargo & Company increased their target price on shares of Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a report on Friday, August 14th. Susquehanna set a $289.00 price target on shares of Dell Technologies and gave the company a “neutral” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. boosted their price target on Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research note 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $560.24.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.