Wakefield Asset Management LLLP bought a new stake in Dell Technologies Inc. (NYSE:DELL – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,577 shares of the technology company’s stock, valued at approximately $450,000.
A number of other hedge funds and other institutional investors have also modified their holdings of DELL. Navalign LLC acquired a new stake in shares of Dell Technologies in the fourth quarter valued at about $29,000. WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the last quarter. State of Wyoming acquired a new stake in shares of Dell Technologies in the second quarter valued at about $33,000. J.Safra Asset Management Corp acquired a new stake in shares of Dell Technologies in the third quarter valued at about $43,000. Finally, Westside Investment Management Inc. increased its position in Dell Technologies by 35.8% during the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after buying an additional 78 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.
Dell Technologies Trading Down 2.2%
Dell Technologies stock opened at $242.36 on Friday. Dell Technologies Inc. has a 12 month low of $106.38 and a 12 month high of $263.99. The stock’s 50 day moving average is $188.45 and its 200-day moving average is $150.05. The company has a market capitalization of $156.51 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 0.98 and a beta of 0.99.
Dell Technologies Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st were given a $0.63 dividend. 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 annualized dividend and a dividend yield of 1.0%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.90%.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Citigroup boosted their price target on Dell Technologies from $180.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Bank of America boosted their price target on Dell Technologies from $205.00 to $246.00 in a research report on Monday, April 27th. Wall Street Zen downgraded Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. boosted their price target on Dell Technologies from $205.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Weiss Ratings raised Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. One research 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, the company has a consensus rating of “Moderate Buy” and an average price target of $194.79.
Check Out Our Latest Report on DELL
Dell Technologies News Roundup
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: JPMorgan boosted its price target on Dell Technologies to $280 from $205 and reiterated an overweight rating, signaling confidence that AI server demand can keep driving growth. MarketScreener
- Positive Sentiment: New reports highlighted Dell as a major AI infrastructure winner, with commentary suggesting the company has room to run and may be undervalued relative to its long-term AI server opportunity. This Will Be Dell’s Stock Price in 2027
- Positive Sentiment: Dell and Kioxia unveiled a high-density 2U server capable of scaling to 9.8 petabytes of flash storage, reinforcing Dell’s positioning in next-generation AI and enterprise infrastructure. Kioxia and Dell Technologies First to Deliver High-Density Server with 9.8 PB of Flash Storage
- Positive Sentiment: Dell is drawing increased investor attention, with multiple articles describing it as one of 2026’s key AI infrastructure trades and a trending stock among Zacks users. Zacks Trending Stock Article
- Neutral Sentiment: Dell announced it will hold its first-quarter fiscal 2027 earnings conference call on May 28, which is a routine event but may set up the next catalyst for the stock. Dell Technologies to Hold Conference Call May 28 to Discuss First Quarter Fiscal 2027 Financial Results
Insider Activity at Dell Technologies
In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was 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 is available at this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $145.13, for a total value 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 position. The SEC filing for this sale provides additional information. Insiders sold 3,571,688 shares of company stock worth $576,654,105 in the last ninety days. 42.00% of the stock is owned by company 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.
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