Legacy Wealth Asset Management LLC Makes New $1.86 Million Investment in Dell Technologies Inc. $DELL

Legacy Wealth Asset Management LLC acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,465 shares of the technology company’s stock, valued at approximately $1,864,000.

Several other large investors have also bought and sold shares of the business. Chapin Davis Inc. boosted its stake in shares of Dell Technologies by 0.6% in the 3rd quarter. Chapin Davis Inc. now owns 22,236 shares of the technology company’s stock valued at $11,962,000 after purchasing an additional 143 shares in the last quarter. Inspirion Wealth Advisors LLC acquired a new position in Dell Technologies during the 3rd quarter worth approximately $238,000. Mn Services Vermogensbeheer B.V. lifted its stake in Dell Technologies by 1.9% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 89,512 shares of the technology company’s stock valued at $48,153,000 after purchasing an additional 1,700 shares during the last quarter. GAMMA Investing LLC boosted its position in Dell Technologies by 7.8% in the third quarter. GAMMA Investing LLC now owns 12,846 shares of the technology company’s stock valued at $6,911,000 after buying an additional 925 shares in the last quarter. Finally, Grove Bank & Trust boosted its holdings in shares of Dell Technologies by 163.1% during the 3rd quarter. Grove Bank & Trust now owns 321 shares of the technology company’s stock valued at $173,000 after acquiring an additional 199 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DELL has been the topic of a number of research reports. Daiwa Securities Group boosted their price objective on Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research report on Friday, September 18th. JPMorgan Chase & Co. increased their target price on Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a research report on Wednesday, September 2nd. Cantor Fitzgerald began coverage on Dell Technologies in a research note on Wednesday, September 2nd. They set an “overweight” rating on the stock. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Finally, Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $571.12.

Insider Activity

In other news, Director Silver Lake Partners Iv, L.P. sold 3,600 shares of Dell Technologies stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $572.50, for a total value of $2,061,000.00. Following the completion of the transaction, the director directly owned 1,401,636 shares of the company’s stock, valued at approximately $802,436,610. This trade represents a 0.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 46,323 shares of the business’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $575.43, for a total value of $26,655,643.89. Following the completion of the transaction, the director directly owned 22,254 shares in the company, valued at $12,805,619.22. This represents a 67.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,697,272 shares of company stock worth $920,162,797. 41.50% of the stock is owned by insiders.

Dell Technologies Trading Down 0.7%

Shares of DELL stock opened at $575.17 on Friday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51. The stock has a market cap of $365.70 billion, a price-to-earnings ratio of 33.38, a PEG ratio of 0.60 and a beta of 1.37. The stock has a 50-day moving average of $504.43 and a 200-day moving average of $379.92.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the prior year, the business posted $1.70 earnings per share. The firm’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. Sell-side analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders 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 dividend on an annualized basis and a yield of 0.4%. Dell Technologies’s dividend payout ratio is 14.63%.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Evercore ISI raised its price target for Dell Technologies to $650 from $500, reinforcing the bullish view that AI-server demand can support further upside. The target increase follows Dell’s stronger-than-expected earnings, including $46.97 billion of quarterly revenue and $7.04 in adjusted earnings per share. Evercore ISI Adjusts Price Target on Dell Technologies
• Positive Sentiment: Wedbush analyst Dan Ives added DELL to his Ives AI 30 “Winner List.” The inclusion strengthens Dell’s positioning as a leading beneficiary of enterprise AI infrastructure spending and could generate additional investor demand ahead of an anticipated ETF rebalance. Dan Ives Updates AI 30
• Positive Sentiment: Dell’s new Windows PCs and workstations, developed with NVIDIA and Microsoft for “agentic AI,” broaden its AI opportunity beyond data-center servers. The products may support demand from developers, creators and enterprise customers. Dell Technologies Drives the Agentic AI Era
• Neutral Sentiment: CEO Michael Dell said the company plans to contribute $1,000 to the Trump Accounts of employees’ children. The initiative increases Dell’s public profile but is philanthropic and does not directly change earnings expectations. Dell Pledges $1,000 to Trump Accounts
• Negative Sentiment: Silver Lake-affiliated directors sold approximately 127,000 Dell shares worth about $73 million in transactions dated October 6. Several sales reduced individual holdings by roughly 68% to 72%, creating a potential supply and confidence overhang even though Silver Lake retained a large remaining position. SEC Insider-Trading Filing
• Negative Sentiment: President Donald Trump’s independently managed accounts also reduced their Dell holdings in August, including a sale valued between $500,001 and $1 million. The transactions may add to concerns about profit-taking after Dell’s extraordinary AI-driven rally. Trump Asked Americans to Buy Dell, Then His Money Managers Sold Dell Stock

Dell Technologies 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.