QRG Capital Management Inc. Sells 29,001 Shares of Dell Technologies Inc. $DELL

QRG Capital Management Inc. lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 47.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,840 shares of the technology company’s stock after selling 29,001 shares during the period. QRG Capital Management Inc.’s holdings in Dell Technologies were worth $4,514,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DELL. Allspring Global Investments Holdings LLC lifted its holdings in shares of Dell Technologies by 4.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock valued at $40,990,000 after acquiring an additional 12,695 shares during the period. Carnegie Investment Counsel increased its position in shares of Dell Technologies by 904.0% during the 3rd quarter. Carnegie Investment Counsel now owns 18,484 shares of the technology company’s stock worth $2,620,000 after purchasing an additional 16,643 shares in the last quarter. Shikiar Asset Management Inc. bought a new position in Dell Technologies during the 3rd quarter valued at about $5,417,000. William Allan Corp boosted its position in Dell Technologies by 47.6% in the second quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock valued at $3,175,000 after buying an additional 8,355 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Dell Technologies by 8.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 800,382 shares of the technology company’s stock worth $113,470,000 after buying an additional 63,924 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

DELL has been the topic of several recent analyst reports. Mizuho boosted their target price on Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Dbs Bank raised Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. The Goldman Sachs Group initiated coverage on Dell Technologies in a research note on Tuesday, January 13th. They issued a “buy” rating and a $165.00 target price for the company. Bank of America upped their price target on shares of Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Finally, Wells Fargo & Company raised their price objective on shares of Dell Technologies from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.79.

Key Dell Technologies News

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

• Positive Sentiment: Barclays upgraded Dell, and other brokers (Goldman cited in coverage) called DELL a buy on strong AI-server demand and improving earnings momentum, supporting the rally. Barclays upgrades Dell Technologies (DELL)
• Positive Sentiment: Analyst pieces (Barron’s / 247WallSt summaries) emphasize AI upside, expense discipline and accelerating earnings—factors that underpin buy ratings and investor optimism. Analysts Say Dell Is Becoming an AI Winner. Buy the Stock.
• Neutral Sentiment: Dell showed new consumer and prosumer products at CES (UltraSharp and XPS/Alienware updates) — positive for brand and PC revenue but less material to near-term AI/server earnings. Dell introduces 52-inch 6K UltraSharp and 32-inch QD-OLED monitors at CES 2026
• Neutral Sentiment: Dell circulated an internal memo asking staff to prepare for a major transformation, signaling potential restructuring that could improve long-term margins but adds short-term execution risk. Dell tells staff to get ready for the ‘biggest transformation in company history.’ Read the memo
• Neutral Sentiment: Media quotes from CEO Michael Dell are being circulated (tone-positive) but add little new financial information. Quote of the day by Dell’s CEO Michael Dell
• Neutral Sentiment: Coverage about options activity in Pure Storage (mentioned in MarketBeat) is industry-related but not directly about DELL; it signals investor interest in AI infrastructure broadly. Why Options Traders Are Loading Up on Pure Storage (DELL)
• Negative Sentiment: A Barchart piece flagged margin concerns despite strong AI-server demand, arguing the recent pullback may reflect investor worry about margin pressure—this is weighing on the stock at least temporarily. Dell Stock Drops On Margin Concerns. Is the Pullback a Buying Opportunity?
• Negative Sentiment: A Zacks comparison argues Cisco may be the stronger AI-infrastructure play given networking strength and earnings momentum, highlighting competitive risk for Dell in the AI stack. DELL vs. CSCO: Which AI Infrastructure Stock Is the Better Buy Now?

Dell Technologies Stock Up 0.7%

Shares of DELL stock opened at $120.50 on Monday. The firm has a market cap of $79.85 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 0.81 and a beta of 1.03. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $168.08. The stock has a 50-day moving average price of $128.72 and a 200 day moving average price of $134.08.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. Sell-side analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Insider Activity at Dell Technologies

In related news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the sale, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 42.00% of the stock is currently owned by company insiders.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.