Dell Technologies Inc. $DELL Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. raised its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 706.3% in the third quarter, Holdings Channel.com reports. The fund owned 935,933 shares of the technology company’s stock after purchasing an additional 819,851 shares during the period. Victory Capital Management Inc.’s holdings in Dell Technologies were worth $132,687,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DELL. Brighton Jones LLC grew its stake in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Dell Technologies during the second quarter worth about $328,000. Assetmark Inc. grew its position in shares of Dell Technologies by 1,738.9% during the second quarter. Assetmark Inc. now owns 7,466 shares of the technology company’s stock worth $915,000 after buying an additional 7,060 shares in the last quarter. TIAA Trust National Association increased its stake in shares of Dell Technologies by 37.8% during the second quarter. TIAA Trust National Association now owns 7,372 shares of the technology company’s stock worth $904,000 after buying an additional 2,024 shares during the period. Finally, Mission Wealth Management LP raised its holdings in Dell Technologies by 9.4% in the second quarter. Mission Wealth Management LP now owns 3,322 shares of the technology company’s stock valued at $407,000 after acquiring an additional 285 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Activity at Dell Technologies

In other news, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the sale, the director directly owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 277,567 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $149.43, for a total value of $41,476,836.81. Following the transaction, the director directly owned 796 shares in the company, valued at $118,946.28. This represents a 99.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 571,001 shares of company stock valued at $84,899,807 over the last three months. Insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

NYSE:DELL opened at $146.99 on Thursday. The firm has a market cap of $97.41 billion, a price-to-earnings ratio of 16.86, a price-to-earnings-growth ratio of 0.74 and a beta of 0.97. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The firm’s fifty day moving average price is $122.42 and its 200 day moving average price is $132.12.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, February 26th. The technology company reported $3.89 EPS 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 during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter last year, the business earned $2.68 EPS. The business’s revenue 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, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be paid a dividend of $0.63 per share. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, April 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.7%. Dell Technologies’s dividend payout ratio (DPR) is currently 24.08%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on DELL shares. Bank of America increased their price objective on shares of Dell Technologies from $135.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, January 21st. Citic Securities lifted 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. Raymond James Financial upped their price objective on Dell Technologies from $166.00 to $182.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Finally, Mizuho raised their target price on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Sixteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average target price of $162.17.

Dell Technologies News Summary

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

• Positive Sentiment: Q4 results and margin beat — analysts and commentators say the “structural margin” bear case is weakening after Dell’s fiscal Q4 showed stronger margins and revenue beat, which helped change sentiment on the stock. The Structural Margin Bear Case for Dell Is Beginning to Crack
• Positive Sentiment: AI server growth driving revenue and guidance — detailed coverage highlights a 39% Y/Y revenue gain, Infrastructure Solutions growth (AI servers up sharply), and FY2027 guidance implying continued double‑digit growth and meaningful upside from AI infrastructure. That underpins revenue/cash‑flow forecasts. Dell: Impressive Growth Proposition
• Positive Sentiment: Product and edge-market expansion — Dell launched the rugged PowerEdge XR9700 for edge AI/5G use cases, expanding addressable markets (telecom, industrial) and reinforcing the company’s AI infrastructure story. Dell’s Rugged PowerEdge XR9700 Targets Edge AI And 5G Growth
• Positive Sentiment: Cash generation & capital returns highlighted — MarketBeat and other coverage point to record cash from AI sales, improving margins and continued buybacks/dividends that support shareholder returns. Dell Just Shocked Wall Street—Is This AI Rally Just Starting?
• Neutral Sentiment: Corporate presentation / investor Q&A — Dell’s Morgan Stanley TMT presentation reiterated strategy and AI tailwinds; useful for modeling but largely confirms existing bullish data rather than adding new catalysts. Dell Technologies Inc. (DELL) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Industry competition — Apple’s push on low-cost Macs and renewed PC momentum are industry-level considerations; they’re not Dell-specific catalysts but could influence PC segment pricing and mix over time. Apple’s New MacBook Is Cheaper Than an iPhone. The Stock Is Down.
• Negative Sentiment: Large director share sales — filings show Director V (Gp) L.L.C. sold sizable blocks (~$33–41M and ~$41M in separate filings), dramatically reducing ownership; insider selling can cap near-term upside and raise investor caution. SEC ownership filing — Director sales

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.