Gabelli Funds LLC Raises Stock Holdings in Dell Technologies Inc. $DELL

Gabelli Funds LLC lifted its holdings in Dell Technologies Inc. (NYSE:DELL) by 38.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,944 shares of the technology company’s stock after buying an additional 8,644 shares during the quarter. Gabelli Funds LLC’s holdings in Dell Technologies were worth $3,895,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DELL. Brighton Jones LLC raised its holdings in shares of Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Dell Technologies in the second quarter worth approximately $328,000. Marshall Wace LLP purchased a new stake in shares of Dell Technologies in the second quarter worth approximately $809,000. Gamco Investors INC. ET AL raised its holdings in shares of Dell Technologies by 30.2% in the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after buying an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of Dell Technologies by 147.2% in the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after buying an additional 34,538 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 4.2%

Shares of NYSE:DELL opened at $253.11 on Friday. Dell Technologies Inc. has a 52-week low of $106.38 and a 52-week high of $263.99. The stock has a market cap of $163.44 billion, a P/E ratio of 29.03, a price-to-earnings-growth ratio of 0.92 and a beta of 0.99. The business’s 50 day moving average is $196.18 and its 200 day moving average is $152.21.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.36. The company had revenue of $33.38 billion for 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%.Dell Technologies’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 11.87 EPS for the current fiscal year.

Dell Technologies Increases Dividend

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

Analyst Upgrades and Downgrades

DELL has been the topic of several recent analyst reports. Morgan Stanley increased their price target on Dell Technologies from $110.00 to $170.00 and gave the stock an “underweight” rating in a report on Thursday. Weiss Ratings raised Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Mizuho increased their price objective on Dell Technologies from $215.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price objective on shares of Dell Technologies in a research note on Wednesday. Finally, Zacks Research raised Dell Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $206.58.

Key Dell Technologies News

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

• Positive Sentiment: Bank of America reportedly expects Dell to deliver a “beat and raise” next week, citing strong demand for AI servers, better-than-expected PC trends, and improving Infrastructure Solutions Group revenue. The firm also lifted its price target to $280, reinforcing bullish sentiment ahead of earnings.
• Positive Sentiment: Multiple previews ahead of Dell’s fiscal first-quarter results say Wall Street is looking for earnings and revenue growth, with analysts pointing to Dell’s large AI server backlog as a key driver. Investors appear to be betting that the company can keep outperforming expectations.
• Positive Sentiment: Dell announced that Arthur Lewis, president of Infrastructure Solutions Group, will present at the Bank of America Global Technology Conference in June. While not a major catalyst by itself, the conference appearance keeps attention on Dell’s AI and infrastructure strategy.
• Neutral Sentiment: Recent commentary around Dell’s AI strategy, including coverage of Michael Dell’s keynote and new storage, AI server, and cyber-resilience offerings, adds to the narrative that Dell is evolving beyond a traditional PC maker. This supports the long-term story, but is not an immediate earnings driver.
• Neutral Sentiment: Broader tech coverage this week also highlighted AI infrastructure demand across the sector, including Nvidia-related articles that referenced Dell’s role in enterprise AI deployments. That backdrop is supportive, but indirect.
• Negative Sentiment: Some articles flagged potential margin pressure and supply-chain constraints in AI servers, which could matter if Dell’s results show weaker profitability than expected. Investors may be watching closely for signs that growth is coming at the expense of margins.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CFO David Alan Kennedy sold 19,500 shares of the stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the sale, the chief financial officer owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. This trade represents a 9.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeffrey W. Clarke sold 116,000 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $182.48, for a total value of $21,167,680.00. Following the sale, the chief operating officer directly owned 1,687,414 shares in the company, valued at $307,919,306.72. This trade represents a 6.43% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 3,571,688 shares of company stock worth $576,654,105. 42.00% of the stock is currently owned by company insiders.

Dell Technologies 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.