Oppenheimer & Co. Inc. Sells 1,999 Shares of Dell Technologies Inc. $DELL

Oppenheimer & Co. Inc. lowered its holdings in Dell Technologies Inc. (NYSE:DELL) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,755 shares of the technology company’s stock after selling 1,999 shares during the period. Oppenheimer & Co. Inc.’s holdings in Dell Technologies were worth $13,317,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC increased its holdings in shares of Dell Technologies by 31.8% in the third quarter. Park Avenue Securities LLC now owns 10,556 shares of the technology company’s stock valued at $5,678,000 after buying an additional 2,549 shares in the last quarter. Gratus Wealth Advisors LLC acquired a new stake in shares of Dell Technologies during the 3rd quarter valued at $211,000. Segment Wealth Management LLC bought a new stake in shares of Dell Technologies during the 3rd quarter worth $248,000. Insight Wealth Partners LLC boosted its stake in shares of Dell Technologies by 4.7% during the 3rd quarter. Insight Wealth Partners LLC now owns 1,308 shares of the technology company’s stock worth $704,000 after acquiring an additional 59 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in shares of Dell Technologies by 5.1% during the 3rd quarter. Verdence Capital Advisors LLC now owns 3,212 shares of the technology company’s stock worth $1,728,000 after acquiring an additional 155 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DELL shares. Morgan Stanley boosted their target price on Dell Technologies from $499.00 to $511.00 and gave the stock an “equal weight” rating in a research report on Monday, September 21st. Cantor Fitzgerald assumed coverage on Dell Technologies in a report on Wednesday, September 2nd. They set an “overweight” rating for the company. Melius Research increased their price target on Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. US Capital Advisors set a $625.00 price target on Dell Technologies in a research note on Wednesday, September 2nd. Finally, UBS Group restated an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. One equities 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 data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Stock Up 7.4%

Shares of NYSE:DELL opened at $501.74 on Wednesday. The company’s fifty day moving average is $512.69 and its two-hundred day moving average is $325.13. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The company has a market cap of $319.01 billion, a P/E ratio of 29.12 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same period last year, the business earned $1.70 EPS. The business’s quarterly 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. Equities 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 disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell unveiled expanded cyber-resilience capabilities covering identity systems, AI environments, infrastructure and quantum-safe storage. The offerings could support demand for Dell’s servers, storage and security-related services as enterprises deploy more AI. Dell extends cyber resilience
• Positive Sentiment: Management and industry commentary highlighted AI-agent guardrails as a way to enable greater autonomy while maintaining security and control. This supports Dell’s strategy of supplying on-premises AI infrastructure for businesses with sensitive workloads. Dell sees AI agent guardrails as a path to greater autonomy
• Positive Sentiment: Reports continue to point to Dell’s large AI-server backlog, NVIDIA partnership and real-world deployments, including Honeywell’s industrial AI platform. These developments provide evidence of potential demand across data centers, manufacturing and other enterprise markets. Dell and HPE AI server orders
• Neutral Sentiment: Industry forecasts call for strong growth in edge and converged infrastructure markets where Dell competes, but these broad projections do not guarantee near-term revenue or earnings gains for DELL. Global Edge Infrastructure Market Report
• Negative Sentiment: Barclays’ downgrade remains an overhang, with analysts questioning whether Dell has achieved a meaningful AI growth inflection and whether higher memory costs are inflating revenue more than underlying demand. Dell Sinks on Barclays Downgrade
• Negative Sentiment: A director’s sale of approximately $930,000 in shares could add investor caution, although it was executed under a pre-arranged Rule 10b5-1 plan and is therefore limited evidence of a change in business outlook.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 44,408 shares of Dell Technologies stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $582.30, for a total transaction of $25,858,778.40. Following the transaction, the director owned 43,740 shares of the company’s stock, valued at $25,469,802. The trade was a 50.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Egon Durban sold 1,850 shares of the company’s stock in a transaction dated 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. In the last 90 days, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is currently owned by company insiders.

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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.