Brighton Jones LLC decreased its position in Dell Technologies Inc. (NYSE:DELL – Free Report) by 11.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,190 shares of the technology company’s stock after selling 6,543 shares during the quarter. Brighton Jones LLC’s holdings in Dell Technologies were worth $26,462,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Noble Wealth Management PBC increased its holdings in Dell Technologies by 113.6% during the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock valued at $25,000 after purchasing an additional 25 shares during the period. Cornerstone Financial Management LLC raised its position in Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after purchasing an additional 23 shares during the last quarter. Premier Financial Group purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $34,000. Byrne Asset Management LLC purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $38,000. Finally, Retirement Wealth Solutions LLC grew its position in shares of Dell Technologies by 41.3% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock worth $48,000 after buying an additional 26 shares during the last quarter. 76.37% of the stock is owned by institutional investors.
Key Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
- Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
- Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks
Analyst Ratings Changes
Several research firms have recently issued reports on DELL. Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research note on Thursday, September 3rd. They set a “hold” rating and a $480.00 target price on the stock. Raymond James Financial raised their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. UBS Group reiterated an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Mizuho boosted their price objective on shares of Dell Technologies from $600.00 to $650.00 and gave the company an “outperform” rating in a research report on Tuesday, October 6th. Finally, Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $569.96.
Read Our Latest Stock Analysis on DELL
Insider Transactions at Dell Technologies
In related news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $460.00, for a total value of $930,120.00. Following the transaction, the director owned 25,686 shares in the company, valued at $11,815,560. The trade was a 7.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the sale, the director directly owned 1,404,569 shares in the company, valued at $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is currently owned by corporate insiders.
Dell Technologies Stock Up 3.8%
Shares of DELL opened at $329.02 on Friday. The business’s 50 day moving average price is $504.83 and its 200-day moving average price is $336.43. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The stock has a market cap of $209.19 billion, a P/E ratio of 19.10, a P/E/G ratio of 0.34 and a beta of 1.45.
Dell Technologies (NYSE:DELL – Get Free Report) 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. The company had revenue of $46.97 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter last year, the company earned $1.70 EPS. 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, equities analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.
Dell Technologies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.
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.
Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.
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