Dell Technologies Inc. $DELL Shares Purchased by Legal & General Group Plc

Legal & General Group Plc lifted its position in Dell Technologies Inc. (NYSE:DELL) by 3.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,231,007 shares of the technology company’s stock after purchasing an additional 68,815 shares during the quarter. Legal & General Group Plc’s holdings in Dell Technologies were worth $316,290,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Dell Technologies by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 30,085,610 shares of the technology company’s stock valued at $4,265,237,000 after purchasing an additional 964,080 shares during the last quarter. State Street Corp increased its holdings in shares of Dell Technologies by 2.1% during the 2nd quarter. State Street Corp now owns 14,099,317 shares of the technology company’s stock worth $1,728,576,000 after buying an additional 292,167 shares during the last quarter. Boston Partners raised its position in shares of Dell Technologies by 15.0% during 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 period. Norges Bank acquired a new position in Dell Technologies in the second quarter valued at approximately $528,279,000. Finally, Ameriprise Financial Inc. grew its position in Dell Technologies by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after acquiring an additional 867,071 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

More Dell Technologies News

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

• Positive Sentiment: Company fundamentals: Dell posted a sizable Q4 revenue and EPS beat driven by AI-server demand and a growing server backlog, which underpins optimism around a durable AI infrastructure ramp. What’s Behind The 60% Rally In Dell Stock?
• Positive Sentiment: Shareholder returns: Dell raised its quarterly dividend ~20%, boosting yield and signaling management confidence — a tangible catalyst for income-focused investors. As Dell Technologies Raises Its Dividend 20%, Should You Buy DELL Stock?
• Positive Sentiment: Analyst & institutional support: Several analysts have raised price targets and large mutual funds/institutions have increased positions, providing buying interest and higher target anchors. Mutual Funds Load Up On This Defense Name, Dell Stock
• Neutral Sentiment: Product & market expansion: Dell is pushing into edge AI (new rugged PowerEdge XR9700), expanding alliances and making acquisitions to broaden AI/edge offerings — strategically important but with execution and margin timing to watch. Dell Pushes Into Edge AI As Valuation Lags Analyst Targets
• Neutral Sentiment: Media/idea coverage: Dell is being highlighted in investment idea rundowns (Zacks, IBD), which keeps the name on screens but doesn’t add a single decisive catalyst. Buy 5 AI-Powered Stocks That Surged Past Month and Still Have Upside
• Negative Sentiment: Large insider selling: Director Ellen Kullman sold ~150k shares (~$21.8M) and other insiders (including Jennifer Saavedra) also executed sales this week — sizable disposals that can weigh on near-term sentiment. Insider Sale Filing — Ellen Jamison Kullman
• Negative Sentiment: Margin concerns: Coverage points to rising DRAM/component prices and a richer AI-server mix that could compress hardware gross margins even as revenue grows — a primary reason for recent pullbacks. Inside Dell’s Exploding AI Business
• Negative Sentiment: Sell‑pressure narrative: Reports summarizing multiple recent insider sales and profit‑taking after the post‑earnings rally have amplified short-term downside risk. Quiver Quant — Insider & Hedge Fund Activity

Dell Technologies Stock Performance

Shares of DELL opened at $147.47 on Thursday. The company’s 50-day simple moving average is $124.25 and its 200-day simple moving average is $132.62. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $168.08. The stock has a market capitalization of $97.73 billion, a PE ratio of 16.91, a P/E/G ratio of 0.67 and a beta of 0.97.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.68 earnings per share. 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. On average, sell-side analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be given a dividend of $0.63 per share. This is an increase 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 1.7%. The ex-dividend date of this dividend is Tuesday, April 21st. Dell Technologies’s dividend payout ratio is currently 24.08%.

Insider Activity

In related news, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction on Friday, March 6th. The stock was 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 approximately $9,529,526.06. This trade represents a 69.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jennifer D. Saavedra sold 10,200 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $145.00, for a total value of $1,479,000.00. Following the transaction, the insider directly owned 252,715 shares of the company’s stock, valued at $36,643,675. The trade was a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,174,964 shares of company stock worth $173,923,497. Corporate insiders own 42.00% of the company’s stock.

Analysts Set New Price Targets

DELL has been the subject of several recent analyst reports. Morgan Stanley raised their target price on Dell Technologies from $101.00 to $110.00 and gave the stock an “underweight” rating in a research note on Friday, February 27th. Citic Securities increased their price target on Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, November 28th. The Goldman Sachs Group initiated coverage on shares of Dell Technologies in a report on Tuesday, January 13th. They issued a “buy” rating and a $165.00 price objective on the stock. Barclays upped their target price on shares of Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Daiwa Securities Group increased their target price on shares of Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Sixteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.