Dell Technologies Inc. $DELL Stock: McKinley Carter Wealth Services Inc. Grows Holdings

McKinley Carter Wealth Services Inc. increased its position in Dell Technologies Inc. (NYSE:DELL) by 7.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,702 shares of the technology company’s stock after buying an additional 1,222 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Dell Technologies were worth $8,985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Wellington Management Group LLP grew its position in Dell Technologies by 140.1% during the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after acquiring an additional 1,474,347 shares during the period. Bank of America Corp DE increased its stake in Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Auto Owners Insurance Co increased its stake in Dell Technologies by 12,488.0% during the fourth quarter. Auto Owners Insurance Co now owns 522,024 shares of the technology company’s stock worth $6,571,000 after acquiring an additional 517,877 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of Dell Technologies by 70.2% in the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock worth $118,432,000 after purchasing an additional 297,500 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of Dell Technologies by 73.4% in the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock worth $71,946,000 after purchasing an additional 185,527 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell was selected as a core AI infrastructure partner for Honeywell’s Forge Cognition platform, alongside NVIDIA. The partnership could expand Dell’s enterprise and industrial AI exposure through deployments at data centers and edge locations. Dell Lands Core AI Infrastructure Role in New Industrial Platform
• Positive Sentiment: Commentary continues to point to strong AI-server demand and a record backlog. CEO Michael Dell’s expectation that memory shortages could persist for several years underscores the scale of AI infrastructure demand, although it also creates supply and cost risks. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
• Neutral Sentiment: Dell says its just-in-time manufacturing and customer-funded model could reduce inventory and balance-sheet exposure if AI spending slows. The strategy may limit downside in a downturn, but it also signals that investors are increasingly focused on the possibility of an AI investment slowdown. Michael Dell Has Tips to Beat an AI Bust
• Negative Sentiment: Barclays downgraded Dell to Equal Weight from Overweight, arguing that the stock’s valuation has risen sharply while evidence of a broad enterprise-AI spending inflection remains limited. The downgrade contributed to continued selling after Dell’s major rally. Barclays Downgrades Dell Technologies
• Negative Sentiment: Investors are questioning whether AI-server revenue growth is being driven by durable demand or elevated memory and component prices. Higher costs could pressure margins and reduce the earnings benefit of rising sales. Dell Stock’s Stellar Year Hits a Snag
• Negative Sentiment: AI hardware stocks broadly weakened amid concerns about how customers are financing massive infrastructure projects, while hotter inflation increased pressure on high-growth technology valuations. Dell’s recent insider sales added another source of investor caution. AI Financing Worries Extend Hardware Selloff

Insiders Place Their Bets

In related news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The stock was 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. The trade was a 52.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was 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 owned 43,740 shares of the company’s stock, valued at approximately $25,469,802. This represents a 50.38% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,817,628 shares of company stock valued at $990,253,476. Company insiders own 41.50% of the company’s stock.

Dell Technologies Stock Performance

Dell Technologies stock traded down $22.71 during trading on Friday, reaching $450.68. 8,365,510 shares of the company’s stock were exchanged, compared to its average volume of 7,358,615. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51. The firm has a market cap of $286.55 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 0.49 and a beta of 1.37. The company’s 50-day moving average is $514.56 and its two-hundred day moving average is $393.30.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion for 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 was up 57.7% compared to the same quarter last year. During the same period last year, the company posted $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. Analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. TD Cowen increased their target price on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a research report on Tuesday, September 29th. UBS Group reissued an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Morgan Stanley raised their price target on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a report on Monday, September 21st. Finally, Truist Financial lifted their price target on shares of Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report 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 issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Company 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.