Dell Technologies Inc. $DELL Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. cut its position in shares of Dell Technologies Inc. (NYSE:DELL) by 4.6% during the 4th quarter, Holdings Channel reports. The firm owned 96,365 shares of the technology company’s stock after selling 4,660 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Dell Technologies were worth $12,157,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of DELL. Brighton Jones LLC grew its holdings in shares of Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after acquiring an additional 901 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Dell Technologies in the 2nd quarter worth $328,000. Marshall Wace LLP acquired a new position in shares of Dell Technologies in the 2nd quarter worth $809,000. Gamco Investors INC. ET AL grew its holdings in shares of Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after acquiring an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after acquiring an additional 34,538 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

More Dell Technologies News

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

• Positive Sentiment: Bank of America says Dell is likely to beat Wall Street estimates on both revenue and earnings next week and raise its full-year guidance, driven by sustained AI server demand, stronger PC trends, and improving infrastructure solutions revenue. The firm reiterated its Buy rating and lifted its price target to $280 from $246. Dell set to deliver beat and raise for Q1, says Bank of America
• Positive Sentiment: Multiple articles highlighted Dell’s strong earnings surprise history and a favorable setup for another quarterly beat, reinforcing expectations that the upcoming report could again exceed estimates. Will Dell Technologies (DELL) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Dell unveiled new storage, AI server, and cyber resilience products at its tech event, underscoring its push to capitalize on enterprise AI spending and data-center refresh demand. Dell announces PowerStore Elite storage platform, unveils 18th generation of PowerEdge servers
• Positive Sentiment: Coverage also emphasized Dell’s expanding AI ecosystem and partnerships, including a tighter tie-up with Nvidia and momentum in on-premises agentic AI, which supports the bullish long-term growth narrative. Dell Becomes OpenAI’s On-Prem Channel For Frontier Models

Dell Technologies Trading Up 3.3%

DELL opened at $243.00 on Thursday. The stock has a market cap of $156.92 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 0.89 and a beta of 0.99. Dell Technologies Inc. has a 1 year low of $106.38 and a 1 year high of $263.99. The stock has a fifty day moving average price of $194.00 and a 200 day moving average price of $151.57.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business’s revenue for the quarter was up 39.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.68 earnings per share. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 11.87 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, April 21st. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a yield of 1.0%. Dell Technologies’s payout ratio is 28.90%.

Insider Activity

In other Dell Technologies news, COO Jeffrey W. Clarke sold 116,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total value of $21,167,680.00. Following the completion of the sale, the chief operating officer owned 1,687,414 shares of the company’s stock, valued at $307,919,306.72. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $176.81, for a total value of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. 42.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

DELL has been the topic of a number of research analyst reports. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Truist Financial initiated coverage on Dell Technologies in a report on Tuesday, March 31st. They set a “hold” rating and a $170.00 price target on the stock. Wolfe Research initiated coverage on Dell Technologies in a report on Thursday, April 9th. They set a “peer perform” rating on the stock. Piper Sandler lowered their price target on Dell Technologies from $172.00 to $167.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Finally, The Goldman Sachs Group lifted their price target on Dell Technologies from $215.00 to $230.00 in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $203.42.

About Dell Technologies

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.