Rakuten Investment Management Inc. Takes Position in Dell Technologies Inc. $DELL

Rakuten Investment Management Inc. bought a new position in Dell Technologies Inc. (NYSE:DELL) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 51,359 shares of the technology company’s stock, valued at approximately $7,460,000.

A number of other hedge funds have also added to or reduced their stakes in DELL. Norges Bank purchased a new stake in shares of Dell Technologies in the second quarter worth approximately $528,279,000. AQR Capital Management LLC raised its position in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after buying an additional 1,185,454 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Dell Technologies by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after acquiring an additional 867,071 shares in the last quarter. Boston Partners boosted its holdings in Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock worth $725,586,000 after acquiring an additional 771,966 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Dell Technologies by 2.1% in the 2nd quarter. State Street Corp now owns 14,099,317 shares of the technology company’s stock worth $1,728,576,000 after acquiring an additional 292,167 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Raymond James Financial raised their price target on shares of Dell Technologies from $161.00 to $166.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Susquehanna lifted their target price on shares of Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. UBS Group reduced their target price on Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Barclays raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 price target for the company in a research report on Thursday, January 15th. Finally, Daiwa Capital Markets boosted their price objective on Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. Eighteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $161.26.

Insider Buying and Selling at Dell Technologies

In other news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the sale, the director owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. The trade was a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 42.00% of the stock is owned by insiders.

Dell Technologies Trading Up 3.3%

Shares of NYSE DELL opened at $117.03 on Friday. The stock has a fifty day simple moving average of $126.84 and a two-hundred day simple moving average of $133.69. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The firm has a market cap of $77.55 billion, a price-to-earnings ratio of 15.60, a price-to-earnings-growth ratio of 0.76 and a beta of 1.03.

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 firm had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business’s revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.15 earnings per share. 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. Analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be paid a $0.525 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.8%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Dell Technologies News Roundup

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

• Positive Sentiment: Strong partner network and AI/server demand: Dell’s partner-led go-to-market and enterprise server orders are lifting Infrastructure Solutions Group (ISG) revenue and backlog, supporting upside to Q4 revenue outlook and near-term growth expectations. DELL ISG growth story
• Positive Sentiment: CEO strategy — investing in storage, AI and partner programs: Michael Dell outlined 2026 priorities (storage, AI infrastructure, partner ecosystem), signaling continued capex and product focus that should sustain server/order momentum. Michael Dell investment plans
• Positive Sentiment: New education hardware and programs expand TAM: Dell launched rugged, AI-ready student laptops and school programs, broadening revenue streams and positioning the company for long-term OEM wins in education and edge-AI deployments. Education PCs and programs
• Positive Sentiment: New contract participation — Azerbaijan supercomputer: Dell won a role in a national supercomputing project, reinforcing strength in high-performance computing (HPC) and public-sector deals. Azerbaijan supercomputer project
• Neutral Sentiment: Earnings previews signal expected strength but not surprising beats yet: Multiple previews anticipate double-digit EPS growth for the coming quarter, setting expectations for a solid report that could move the stock depending on guidance vs. consensus. Earnings preview (Yahoo)
• Negative Sentiment: Pricing pressure risk in storage: Jim Cramer highlighted potential pricing pressure from storage suppliers, which could compress gross margins if Dell is forced to lower prices or absorb higher input costs. This commentary raises near-term margin risk despite revenue strength. Cramer pricing pressure comments

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.