Dell Technologies Inc. $DELL Shares Bought by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 34.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,158 shares of the technology company’s stock after purchasing an additional 20,976 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Dell Technologies were worth $11,648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DELL. Winnow Wealth LLC acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at about $25,000. Westside Investment Management Inc. boosted its position in Dell Technologies by 84.7% during the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after purchasing an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Dell Technologies during the second quarter worth approximately $28,000. Johnson Financial Group Inc. grew its holdings in Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares during the period. Finally, WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Up 2.8%

DELL opened at $122.41 on Friday. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $168.08. The firm has a market capitalization of $81.12 billion, a PE ratio of 16.32, a PEG ratio of 0.69 and a beta of 1.03. The firm’s 50-day moving average price is $121.36 and its 200 day moving average price is $132.24.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. Dell Technologies’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior 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. As a group, analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, January 20th. Dell Technologies’s dividend payout ratio is presently 28.00%.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of research analyst reports. Dbs Bank raised shares of Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. Barclays raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 price objective on the stock in a report on Thursday, January 15th. The Goldman Sachs Group began coverage on shares of Dell Technologies in a research note on Tuesday, January 13th. They set a “buy” rating and a $165.00 target price for the company. Citigroup decreased their price target on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Evercore reiterated an “outperform” rating and set a $160.00 price objective on shares of Dell Technologies in a research note on Thursday. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $158.53.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Q4 earnings preview highlights sustained AI momentum: analysts note record recent revenue, 24% ISG growth, a robust AI-server backlog and management guidance for Q4 revenue of $31–32B and EPS of $3.50 — supporting a bullish near-term outlook into the report. Dell Technologies Q4 Earnings Preview: Sustaining Growth With AI Momentum
• Positive Sentiment: Dell rolled out an “AI India Blueprint” and is accelerating local content in India-made servers — moves that expand addressable market, lower supply‑chain risk and could improve margins as India becomes a manufacturing hub. This is being read as strategic revenue/GM support in a high-growth AI market. Dell Technologies Unveils ‘AI India Blueprint’ at India AI Impact Summit 2026
• Positive Sentiment: Sell‑side activity is supportive: Evercore added Dell to a “tactical outperform” list and other bullish commentary is circulating, which can amplify buying ahead of earnings. Evercore adds Dell to Tactical Outperform list ahead of earnings
• Neutral Sentiment: Dell and Ooredoo announced an AI collaboration to advance innovation in the Middle East — strategically positive but likely to have slower, incremental revenue effects. Dell Technologies and Ooredoo collaborate to advance AI innovation and deepen cooperation
• Neutral Sentiment: Local operations news — an $8M Round Rock campus upgrade and dividend coverage pieces — are supportive for corporate stability but unlikely to move near-term fundamentals materially. Dell eying $8M upgrade to Round Rock campus
• Negative Sentiment: Some analysts trimmed price targets ahead of earnings (JPMorgan lowered its PT to $155; Citigroup to $160). Although ratings were largely maintained, lower targets can cap upside and temper investor enthusiasm. JPMorgan adjusts price target on Dell Technologies to $155 from $170, maintains overweight rating Citigroup Lowers Dell Technologies Price Target to $160

Insider Activity

In other news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares in the company, valued at $161,935,755.36. The trade was a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 42.00% of the stock is 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.