5,516 Dell Technologies Inc. $DELL Shares Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC decreased its holdings in Dell Technologies Inc. (NYSE:DELL) by 54.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,651 shares of the technology company’s stock after selling 5,516 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Dell Technologies were worth $2,502,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DELL. Bank of America Corp DE boosted its stake in shares of 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 valued at $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Wellington Management Group LLP grew its holdings in shares of Dell Technologies by 140.1% in the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock worth $350,288,000 after buying an additional 337,836 shares during the period. NewEdge Advisors LLC increased its stake in Dell Technologies by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock worth $207,355,000 after buying an additional 22,924 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Dell Technologies by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock worth $157,869,000 after buying an additional 27,668 shares during the period. 76.37% of the stock is currently owned by institutional investors.

Key Stories Impacting Dell Technologies

Investors following DELL have been watching these stories:

• Positive Sentiment: Dell and KIOXIA introduced a 157-petabyte rack-scale storage solution, and Dell OEM Solutions launched an AMD-powered AI coding platform. The products target enterprise data-center storage and AI-computing needs. Article: Why Is Dell Talking Up 157 PB Storage and AI Racks?
• Neutral Sentiment: Investors are weighing Dell’s AI opportunity against execution risks: coverage highlights potential pressure from weak PC demand, rising costs and the profitability mix of its AI-server business. Article: Dell Has a $95 Billion AI Server Backlog. Is the Stock a Buy?
• Negative Sentiment: Recent weakness has also reflected analyst downgrade pressure, concerns about PC shipments and memory costs, and fears that Texas data-center restrictions could weigh on AI infrastructure growth. These issues remain risks despite the rebound. Article: Dell Falls as Downgrade Pressure and Weak PC Demand Concerns Weigh on Sentiment

Dell Technologies Trading Up 12.1%

DELL opened at $374.67 on Thursday. The company has a market capitalization of $238.22 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 0.35 and a beta of 1.45. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The business’s fifty day simple moving average is $499.22 and its 200-day simple moving average is $339.97.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 57.7% on a year-over-year basis. During the same period in the previous 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. On average, equities research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on DELL shares. Weiss Ratings lowered shares of Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, November 3rd. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Citigroup raised their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Evercore reaffirmed an “outperform” rating and set a $650.00 price target on shares of Dell Technologies in a research note on Wednesday, September 9th. 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 note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the sale, the director owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,819,650 shares of company stock worth $991,183,596 in the last three months. Insiders own 41.50% of the company’s stock.

About Dell Technologies

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.