Evergreen Capital Management 13F: Cuts DELL Stake by $7.7M

Evergreen Capital Management lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 18.0% during the period, according to a Form 13F filing filed with the SEC on October 23, 2026. The fund sold 14,340 shares, leaving it with 65,308 shares of the computer hardware provider valued at approximately $35.1 million.

DELL Dell Technologies Inc.

$456.44 ▲ +260.91% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Evergreen Capital Management's Dell Technologies Inc. Position

The fund held 79,648 shares of the company before the reported reduction. By shedding 14,340 shares, Evergreen Capital Management trimmed its exposure to the tech firm. Dell closed at $456.44 on the filing date of October 23, 2026.

Other Institutional Activity in Dell Technologies Inc.

Other institutional investors also adjusted their holdings in the hardware maker during the filing period. Verity & Verity lowered its Dell Technologies Inc. stake by 12.78%, shedding 23,613 shares to end with 161,054 shares worth about $86.6 million. Meanwhile, BSN Capital Partners completely closed out its position by selling all 40,786 shares.

Dell Technologies Inc. Stock Down 6.0%

Dell Technologies Inc. recently traded around $456.54 as of October 24, 2026, which is about equal to its closing price of $456.44 on the October 23 filing date. The stock sits 23.3% below its 52-week high of $595.51 and 314.2% above its 52-week low of $110.22. It trades below its 50-day moving average of $513.63 while holding above its 200-day moving average of $320.77.

Recent Earnings

Dell Technologies Inc. generated trailing-twelve-month revenue of $151.2 billion and earnings of $17.20 per share. The company posted a net profit margin of 7.5% and a year-over-year revenue growth rate of 57.7%. Its next earnings report is scheduled for release on November 27, 2026.

Dividend

The company pays an annual dividend of $2.52 per share, yielding 0.56% with a payout ratio of 13.4%.

Insider Buying and Selling at Dell Technologies Inc.

Several large insiders trimmed their holdings on October 9, 2026. L.P. Silver Lake Technology Investors V sold 450 shares valued at $262,040. L.P. Silver Lake Technology Investors IV sold 996 shares for a total value of $579,972. L.P. Sl Spv-2 sold 44,408 shares worth $25,858,975. L.P. Silver Lake Partners V de Aiv sold 25,494 shares valued at $14,845,272.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 10, 2026, RBC Capital initiated coverage with an outperform rating and a $640.00 price target. Morgan Stanley maintained an equal-weight rating on September 21, raising its target to $511.00 from $499.00. TD Cowen maintained a hold rating on September 29, lifting its target to $550.00 from $500.00. Mizuho maintained an outperform rating on October 6, raising its target to $650.00 from $600.00. Barclays downgraded the stock to an equal-weight rating on October 14 while lowering its target to $574.00 from $603.00. Overall, the stock carries a consensus buy rating from 25 analysts with a mean price target of $593.00.

About Dell Technologies Inc.

Headquartered in Round Rock, Texas, Dell Technologies Inc. designs, builds, and supports integrated technology hardware, infrastructure solutions, and client products for customers worldwide. The company operates through major segments focused on enterprise infrastructure and personal computing solutions.

Bottom Line

Investors tracking Evergreen Capital Management will look to upcoming quarterly results on November 27, 2026, for further insight into the company's financial momentum. Additional SEC filings in future reporting periods will show whether the fund continues trimming its position or shifts direction.