Public Employees Retirement System of Ohio Makes New $50.69 Million Investment in Dell Technologies Inc. $DELL

Posted by Brian Himes on Aug 28th, 2026

Dell Technologies logo Public Employees Retirement System of Ohio acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 117,494 shares of the technology company’s stock, valued at approximately $50,694,000.

Several other institutional investors have also made changes to their positions in the company. State Street Corp grew its stake in shares of Dell Technologies by 1.8% in the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock valued at $1,852,450,000 after buying an additional 265,740 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Dell Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock valued at $939,808,000 after acquiring an additional 108,011 shares in the last quarter. Invesco Ltd. lifted its holdings in Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares during the last quarter. Finally, Deutsche Bank AG boosted its position in Dell Technologies by 24.6% during the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after purchasing an additional 1,090,336 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DELL has been the subject of several recent analyst reports. CLSA upgraded Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Sanford C. Bernstein upped their price target on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Daiwa Securities Group boosted their target price on shares of Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Finally, UBS Group upped their target price on shares of Dell Technologies from $440.00 to $455.00 and gave the company a “neutral” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $485.24.

Read Our Latest Research Report on DELL

More Dell Technologies News

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

Positive Sentiment: AI infrastructure demand remains the main catalyst. Dell discussed scaling AI networking from 800G to 1.6T and highlighted the specialized requirements of AI data centers. The commentary supports the view that demand for AI servers, networking equipment and related infrastructure remains strong. Dell AI networking transcript
Positive Sentiment: Investors expect another strong earnings performance. Analysts anticipate substantial year-over-year growth in revenue and earnings for the quarter ended July 2026. Optimism is reinforced by Dell’s previous quarterly results, when revenue and EPS exceeded consensus estimates by wide margins. Dell Q2 earnings expectations
Positive Sentiment: AI-focused analysts remain constructive. Mizuho identified Dell as a preferred way to participate in the data-center buildout, while other commentary suggests the company could deliver a further “beat-and-raise” quarter. Some bullish projections see additional upside if AI-server growth continues. Mizuho AI stock picks
Neutral Sentiment: September 1 earnings are the next major catalyst. Dell is scheduled to report fiscal second-quarter results after the market close, making guidance for AI-server demand, supply capacity and margins especially important. Dell earnings preview
Negative Sentiment: Valuation and execution risks are becoming more prominent. Dell may not be able to build servers quickly enough to meet demand, while the incremental volume is relatively low margin. Consensus expectations already appear higher than management’s guidance, raising the risk of a disappointing outlook or limited upside after earnings. Dell server capacity and valuation analysis
Negative Sentiment: Insider selling is a modest overhang. A Dell director sold approximately $886,000 of shares under a pre-arranged Rule 10b5-1 plan, though the transaction does not necessarily indicate weakening fundamentals. Dell SEC insider filing

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $471.55 on Friday. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $514.00. The business has a fifty day moving average of $431.85 and a 200-day moving average of $295.17. The firm has a market cap of $305.62 billion, a PE ratio of 37.45, a price-to-earnings-growth ratio of 0.96 and a beta of 1.33.

Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s revenue was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.55 EPS. On average, analysts anticipate that Dell Technologies Inc. will post 18.32 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 21st. Dell Technologies’s payout ratio is currently 20.02%.

Insider Buying and Selling at Dell Technologies

In related news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $438.21, for a total value of $886,060.62. Following the completion of the sale, the director owned 25,267 shares in the company, valued at approximately $11,072,252.07. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the completion of the transaction, the director directly owned 89,222 shares in the company, valued at $40,465,745.88. The trade was a 40.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 3,436,780 shares of company stock worth $1,449,756,744. 41.50% of the stock is currently owned by insiders.

Dell Technologies Profile

(Free Report)

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.