Allworth Financial LP Reduces Stake in Dell Technologies Inc. $DELL

Allworth Financial LP lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 11.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,908 shares of the technology company’s stock after selling 10,229 shares during the quarter. Allworth Financial LP’s holdings in Dell Technologies were worth $11,470,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Phoenix Financial Ltd. grew its holdings in shares of Dell Technologies by 95.3% during the third quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock worth $4,923,000 after purchasing an additional 16,488 shares in the last quarter. Stonegate Investment Group LLC raised its stake in Dell Technologies by 24,493.8% in the third quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock valued at $58,402,000 after purchasing an additional 410,271 shares in the last quarter. Commerzbank Aktiengesellschaft FI lifted its position in Dell Technologies by 637.3% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock valued at $2,741,000 after purchasing an additional 16,711 shares during the last quarter. Providence Capital Advisors LLC purchased a new position in Dell Technologies in the 3rd quarter worth approximately $7,060,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Dell Technologies by 4.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock worth $40,990,000 after buying an additional 12,695 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Trading Up 5.1%

DELL stock opened at $156.84 on Friday. The stock has a market capitalization of $103.93 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 0.70 and a beta of 0.97. The firm’s 50-day moving average price is $127.79 and its two-hundred day moving average price is $133.54. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $168.08.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same period in the prior year, the business posted $2.68 earnings per share. Dell Technologies’s revenue for the quarter was up 39.5% on a year-over-year basis. 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. Equities analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, April 21st will be issued a dividend of $0.63 per share. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, April 21st. Dell Technologies’s dividend payout ratio is currently 24.08%.

Insiders Place Their Bets

In related news, insider Jennifer D. Saavedra sold 10,200 shares of Dell Technologies stock in a transaction on Monday, March 9th. The shares were sold at an average price of $145.00, for a total value of $1,479,000.00. Following the sale, the insider owned 252,715 shares in the company, valued at $36,643,675. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $152.28, for a total transaction of $11,308,008.24. Following the transaction, the director directly owned 92 shares in the company, valued at approximately $14,009.76. The trade was a 99.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,512,388 shares of company stock worth $225,864,078. Insiders own 42.00% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Renewed AI infrastructure momentum — Coverage highlights large enterprise AI orders/backlog and new AI product pushes (including announcements around GTC with NVIDIA) that support a multi‑year growth story for AI servers and services. This is the main catalyst behind investor enthusiasm. Article Title
• Positive Sentiment: Strong underlying results and guidance — Analysts and reports point to Dell’s record FY revenue, large AI-optimized server backlog, raised capital return (dividend hike and added buyback authorization) and management’s FY27 AI revenue target (~$50B), which underpin bullish analyst views and higher price targets. Article Title
• Positive Sentiment: High‑profile bullish commentary — Jim Cramer publicly called DELL a buy, adding to retail interest and positive sentiment around the company’s positioning in enterprise AI. Article Title
• Neutral Sentiment: Mixed execution narrative — Dell is simultaneously reshaping costs (facility consolidation, hiring limits) and investing in AI voice/infrastructure partnerships; near‑term efficiency moves may help margins but create execution and timing uncertainty. Article Title
• Negative Sentiment: Significant insider selling — Filings show large share sales by director entities (IV (GP) L.L.C. and V (GP) L.L.C.) totaling many millions of dollars of stock sold in mid‑March, which investors often view as a negative signal on near‑term insider conviction. SEC Filing
• Negative Sentiment: Workforce reductions called out in multiple reports — Dell trimmed roughly 10% of its workforce (reported ~11,000 roles) as part of multi‑year cost actions; while this can boost near‑term margins, it signals persistent cost pressures and restructuring risk. Article Title

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on DELL shares. Mizuho lifted their price objective on shares of Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. UBS Group reduced their target price on Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Evercore reaffirmed an “outperform” rating and set a $160.00 price target on shares of Dell Technologies in a research note on Thursday, February 19th. Daiwa Securities Group upped their price objective on Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Finally, Morgan Stanley increased their price objective on Dell Technologies from $101.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, February 27th. Seventeen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $163.28.

About Dell Technologies

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.