M&T Bank Corp Acquires 135,057 Shares of Dell Technologies Inc. $DELL

M&T Bank Corp raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 555.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 159,358 shares of the technology company’s stock after acquiring an additional 135,057 shares during the period. M&T Bank Corp’s holdings in Dell Technologies were worth $20,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DELL. WealthCollab LLC grew its holdings in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares during the period. State of Wyoming acquired a new stake in shares of Dell Technologies during the second quarter worth about $33,000. Red Tortoise LLC bought a new position in shares of Dell Technologies during the 3rd quarter valued at about $36,000. J.Safra Asset Management Corp acquired a new position in shares of Dell Technologies in the 3rd quarter valued at approximately $43,000. Finally, Westside Investment Management Inc. increased its stake in Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after purchasing an additional 78 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies News Roundup

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

• Positive Sentiment: The company announced a $1.44 billion purchase agreement with Boost Run to supply large-scale AI compute and storage infrastructure — a material, revenue-driving enterprise order that directly validates Dell’s AI server pipeline and financing solutions. Dell Signs $1.4 Billion AI Deal
• Positive Sentiment: Analysts have been raising targets and ratings — Evercore boosted its price target to $240 (outperform) and Zacks upgraded Dell to “strong-buy” — which supports further upside and investor confidence in Dell’s AI growth opportunity. Evercore Raises Price Target
• Positive Sentiment: Market commentary highlights very large AI server orders and a sizable backlog (reported multi‑billion-dollar figures), reinforcing that Dell is a key beneficiary of enterprise AI infrastructure spending. Dell vs Apple: AI Server Orders
• Neutral Sentiment: Analyses note strong momentum and valuation re‑rating after a big run — Dell’s recent gains have been large (30‑day and 1‑year returns highlighted), prompting fresh attention on whether valuation now fully reflects AI tailwinds. Assessing Dell Valuation
• Negative Sentiment: The stock slipped amid broader-market weakness and likely short‑term profit‑taking after rapid gains; intraday weakness has outpaced the market in some reports. Dell Dips More Than Broader Market
• Negative Sentiment: Rumors of a potential strategic move in the PC/server space (reports about NVIDIA discussions with PC makers) create uncertainty about competitive dynamics and long‑term positioning for incumbents like Dell. That headline risk can pressure shares until clarity emerges. Potential NVIDIA Deal Coverage

Dell Technologies Trading Down 1.2%

NYSE DELL opened at $212.14 on Friday. The company has a market cap of $136.99 billion, a PE ratio of 24.33, a PEG ratio of 0.87 and a beta of 0.88. The stock has a 50 day moving average of $159.82 and a 200-day moving average of $142.53. Dell Technologies Inc. has a 12 month low of $86.76 and a 12 month high of $219.26.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share 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 analyst estimates of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. Dell Technologies’s revenue for the quarter was up 39.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.68 EPS. 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 predict that Dell Technologies Inc. will post 11.9 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, April 21st. This represents a $2.52 annualized dividend and a dividend yield of 1.2%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio is presently 28.90%.

Analyst Ratings Changes

A number of research analysts have weighed in on DELL shares. The Goldman Sachs Group lifted their price target on shares of Dell Technologies from $195.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Dbs Bank raised Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. lifted their price objective on shares of Dell Technologies from $165.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Truist Financial began coverage on shares of Dell Technologies in a research report on Tuesday, March 31st. They issued a “hold” rating and a $170.00 price objective on the stock. Finally, Bank of America raised their target price on shares of Dell Technologies from $172.00 to $205.00 and gave the company a “buy” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $181.53.

Insider Buying and Selling

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the transaction, the director directly owned 65,662 shares in the company, valued at $9,529,526.06. The trade was a 69.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,571,688 shares of company stock worth $576,654,105 over the last three months. 42.00% of the stock is owned by 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.