Dell Technologies Inc. $DELL Position Decreased by Monte Financial Group LLC

by · The Markets Daily

Monte Financial Group LLC cut its stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 25.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,408 shares of the technology company’s stock after selling 2,935 shares during the quarter. Monte Financial Group LLC’s holdings in Dell Technologies were worth $4,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Noble Wealth Management PBC increased its holdings in shares of Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares during the last quarter. Cornerstone Financial Management LLC raised its position in shares of 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 buying an additional 23 shares in the last quarter. Premier Financial Group bought a new stake in shares of Dell Technologies during the 2nd quarter worth $34,000. Byrne Asset Management LLC bought a new stake in shares of Dell Technologies during the 2nd quarter worth $38,000. Finally, Retirement Wealth Solutions LLC grew its position in Dell Technologies by 41.3% in the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock worth $48,000 after acquiring an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Performance

DELL stock opened at $315.83 on Friday. The firm has a market cap of $200.81 billion, a P/E ratio of 18.33, a P/E/G ratio of 0.39 and a beta of 1.45. The firm’s fifty day moving average is $507.68 and its 200 day moving average is $335.34. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share 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 the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were issued a $0.63 dividend. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.8%. Dell Technologies’s payout ratio is currently 14.63%.

Insider Activity

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

Key Stories Impacting Dell Technologies

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

  • Positive Sentiment: A Zacks article identifies Dell as a Strong Buy, citing demand for AI infrastructure and semiconductors. Another analysis argues that the selloff has eased valuation concerns despite expectations for solid growth. Zacks article Barchart analysis
  • Positive Sentiment: Dell’s AI server backlog and expanded cybersecurity offerings for AI workloads could strengthen its role in enterprise AI infrastructure, supporting the longer-term growth case. Yahoo Finance article
  • Negative Sentiment: The post-midterm selloff in AI hardware continued, with Dell among the steeply declining server stocks. Reports point to investor concern that a new political landscape and local resistance could slow data-center projects; UBS estimates that nearly a third of planned U.S. capacity for 2028 could be delayed if construction pauses spread. The Motley Fool article
  • Negative Sentiment: Broader weakness in chip and tech stocks added pressure. Coverage cited memory-shortage concerns and disappointing outlooks elsewhere in the semiconductor industry, though those issues were not specifically tied to data-center demand. TIKR article

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DELL shares. UBS Group restated an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. Piper Sandler reiterated an “overweight” rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. Cantor Fitzgerald initiated coverage on Dell Technologies in a research report on Wednesday, September 2nd. They set an “overweight” rating on the stock. Finally, TD Cowen raised their price objective on Dell Technologies from $500.00 to $550.00 and gave the company a “hold” rating in a report on Tuesday, September 29th. One 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 company. According to MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $569.96.

Check Out Our Latest Report on DELL

About Dell Technologies

(Free Report)

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.

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