Midwest Trust Co Makes New $458,000 Investment in Dell Technologies Inc. $DELL

Midwest Trust Co acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,641 shares of the technology company’s stock, valued at approximately $458,000.

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after acquiring an additional 1,355,841 shares during the last quarter. State Street Corp lifted its position in Dell Technologies by 2.5% during the third quarter. State Street Corp now owns 14,450,258 shares of the technology company’s stock worth $2,048,613,000 after acquiring an additional 350,941 shares during the last quarter. Invesco Ltd. lifted its position in Dell Technologies by 82.3% during the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock worth $688,315,000 after acquiring an additional 2,191,317 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Dell Technologies by 19.9% during the third quarter. Ameriprise Financial Inc. now owns 3,840,921 shares of the technology company’s stock worth $544,670,000 after acquiring an additional 637,189 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Key Dell Technologies News

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

• Positive Sentiment: Mizuho raised its price target on Dell to $300 from $260 and kept an Outperform rating, saying agentic AI workloads should keep driving durable demand for Dell’s servers and AI infrastructure. Mizuho Hikes Dell Price Target to $300 as Agentic AI Server Demand Powers the Bull Case
• Positive Sentiment: Recent headlines continue to frame Dell as a beneficiary of AI spending, including commentary that investor attention remains focused on Dell’s server demand tied to AI adoption and federal AI initiatives. Dell’s John Roese on Data Layer’s Role in Federal AI Adoption
• Positive Sentiment: Market commentary also noted that Dell has been a strong AI winner this year, with a sharp multi-month rally reflecting enthusiasm for its role in AI infrastructure. Is It Too Late To Consider Dell (DELL) After AI-Fueled Share Price Surge?

Insider Buying and Selling 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 dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total transaction of $74,883,300.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of the company’s 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 transaction, the director owned 65,662 shares in the company, valued at $9,529,526.06. This represents a 69.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,571,688 shares of company stock worth $576,654,105. 42.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

DELL has been the subject of several research reports. UBS Group downgraded shares of Dell Technologies from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $167.00 to $243.00 in a research report on Sunday. Daiwa Securities Group lifted their price target on shares of Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Wolfe Research assumed coverage on shares of Dell Technologies in a research note on Thursday, April 9th. They issued a “peer perform” rating on the stock. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Finally, Barclays lifted their price objective on shares of Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $190.84.

Dell Technologies Stock Down 3.1%

Shares of Dell Technologies stock opened at $239.37 on Wednesday. Dell Technologies Inc. has a twelve month low of $103.89 and a twelve month high of $263.99. The stock has a market cap of $154.57 billion, a price-to-earnings ratio of 27.45, a P/E/G ratio of 1.00 and a beta of 0.99. The company’s fifty day moving average is $182.69 and its 200 day moving average is $148.15.

Dell Technologies (NYSE:DELL) last issued 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. 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 for the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the previous year, the firm 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. As a group, equities analysts anticipate that Dell Technologies Inc. will post 11.9 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were issued a $0.63 dividend. The ex-dividend date 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 yield of 1.1%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.90%.

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.