Dell Technologies Inc. $DELL Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 8.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,849 shares of the technology company’s stock after acquiring an additional 5,847 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Dell Technologies were worth $11,037,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of Dell Technologies in the second quarter valued at about $528,279,000. AQR Capital Management LLC lifted its position in Dell Technologies by 628.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after acquiring an additional 1,185,454 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Dell Technologies by 37.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock valued at $392,802,000 after purchasing an additional 867,071 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of Dell Technologies by 189.4% in the third quarter. Jennison Associates LLC now owns 1,187,965 shares of the technology company’s stock valued at $168,418,000 after purchasing an additional 777,541 shares during the period. Finally, Boston Partners grew its position in Dell Technologies by 15.0% in the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after buying an additional 771,966 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Activity at Dell Technologies

In related news, Director Egon Durban sold 71,000 shares of the company’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 transaction of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 42.00% of the stock is currently owned by company insiders.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell and Ooredoo announced a collaboration to advance AI innovation and deepen cooperation across cloud/edge offerings — a strategic partnership that can drive regional sales and services adoption. Dell Technologies and Ooredoo collaborate
• Positive Sentiment: Reports highlight strong AI-driven sales and “jaw-dropping” dividend news, signaling management confidence in cash flow and shareholder returns as AI demand accelerates. Dividend and AI sales coverage
• Positive Sentiment: Dell is planning an ~$8M upgrade to its Round Rock campus — modest capex but a sign of ongoing investment in infrastructure and employee-facing operations. Round Rock campus upgrade
• Positive Sentiment: McLaren Racing extended its relationship with Dell, reinforcing brand visibility and performance use-cases for Dell’s infrastructure and edge solutions. McLaren partnership
• Positive Sentiment: Independent testing (Principled Technologies) found a Dell Pro 14 outperforming HP and Lenovo AI PCs in real-world AI tasks — supports product competitiveness in AI endpoints. Principled Technologies report
• Positive Sentiment: 6WIND announced a VSR appliance built on Dell PowerEdge servers (Intel Xeon 6) — another OEM/ISV endorsement that may support server demand. 6WIND on PowerEdge
• Positive Sentiment: Dell’s CFO will present at the Morgan Stanley TMT conference in early March — provides management access to investors to discuss AI traction, margin outlook and capital allocation. Investor conference presentation
• Neutral Sentiment: Analyst and media pieces are re-assessing Dell’s valuation after recent share weakness — useful context for investors but not news-driving by itself. Valuation assessment
• Neutral Sentiment: A Zacks comparison of Dell vs. Super Micro highlights growth trade-offs: SMCI’s faster AI-driven revenue growth versus Dell’s scale and margin pressure — frames competitive dynamics. DELL vs SMCI analysis
• Negative Sentiment: Morgan Stanley cut its price target on DELL to $101 and kept an “underweight” rating — a substantive near-term headwind that could pressure sentiment and weigh on the stock. Morgan Stanley price target cut
• Negative Sentiment: Market coverage noted recent intraday weakness with the stock underperforming some market moves — a reminder investors remain sensitive to guidance, margins and analyst positioning. DELL stock sinks coverage

Dell Technologies Trading Up 0.6%

Shares of NYSE DELL opened at $116.81 on Thursday. The company’s 50-day moving average price is $121.90 and its 200 day moving average price is $132.39. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $168.08. The stock has a market cap of $77.41 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 0.67 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last announced its quarterly 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. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same quarter in the prior year, the firm earned $2.15 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. 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. As a group, research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were paid a $0.525 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $2.10 annualized dividend and a yield of 1.8%. Dell Technologies’s payout ratio is presently 28.00%.

Analyst Ratings Changes

A number of brokerages have commented on DELL. Citic Securities upped their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, November 28th. JPMorgan Chase & Co. increased their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, November 17th. Wall Street Zen lowered Dell Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Evercore set a $180.00 price objective on Dell Technologies and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Finally, The Goldman Sachs Group initiated coverage on shares of Dell Technologies in a research report on Tuesday, January 13th. They set a “buy” rating and a $165.00 target price on the stock. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $160.37.

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.