Truist Financial Corp Acquires 21,995 Shares of Dell Technologies Inc. $DELL

Truist Financial Corp grew its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 8.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 291,699 shares of the technology company’s stock after purchasing an additional 21,995 shares during the period. Truist Financial Corp’s holdings in Dell Technologies were worth $41,354,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Dell Technologies during the 2nd quarter valued at $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 valued at $168,462,000 after acquiring an additional 1,185,454 shares during the period. Ameriprise Financial Inc. boosted its stake in Dell Technologies by 37.1% during 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 in the last quarter. Jennison Associates LLC grew its holdings in Dell Technologies by 189.4% in the third quarter. Jennison Associates LLC now owns 1,187,965 shares of the technology company’s stock worth $168,418,000 after purchasing an additional 777,541 shares during the period. Finally, Boston Partners increased its stake in shares of Dell Technologies by 15.0% during the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after purchasing an additional 771,966 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Price Performance

DELL stock opened at $118.42 on Friday. The company has a market capitalization of $78.48 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 0.78 and a beta of 1.03. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The business has a 50 day simple moving average of $126.16 and a two-hundred day simple moving average of $133.35.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. Dell Technologies’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.15 earnings per share. 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. Sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is 28.00%.

Insiders Place Their Bets

In other news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the transaction, the director directly owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 42.00% of the stock is currently owned by insiders.

Key Dell Technologies News

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

• Positive Sentiment: Dell, Nvidia and NxtGen will build India’s largest “AI factory” — a national AI infrastructure deployment (reported as >4,000 NVIDIA Blackwell GPUs). This expands Dell’s addressable market for servers, OEM solutions and services in a high-growth AI region, supporting enterprise revenue and GPU server demand. Dell, NxtGen to build India’s largest AI factory
• Positive Sentiment: Zacks highlights Dell as a strong value stock on style/valuation metrics — this type of analyst/retail attention can support buying interest from value-focused funds and individual investors. Here’s Why Dell Technologies (DELL) is a Strong Value Stock
• Positive Sentiment: Dell’s most recent quarter beat EPS expectations (reported $2.59 vs. $2.47 est.), revenue grew ~10.8% year-over-year, and management set FY‑2026 EPS guidance (9.92). That earnings credibility helps justify current multiples and supports the stock on positive growth/AI exposure.
• Neutral Sentiment: Zacks also featured Dell in a broader piece on computer/technology stocks using the Earnings ESP tool — useful for traders but not an immediate fundamental change. Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
• Neutral Sentiment: Retail promotions (e.g., heavy discounts on consumer models) are showing up in press — small near-term boost to unit sales but limited impact on enterprise/server-led revenue drivers. Dell work and play machine is $530 off as a hot deal
• Neutral Sentiment: Short social/viral items referencing Michael Dell (video clips) are circulating — largely noise for fundamentals but worth monitoring for any reputational or PR impact. Michael Dell wants Trump Accounts to teach financial literacy.
• Negative Sentiment: Short interest jumped ~20.4% in January to ~25.9M shares (≈6.7% of float), raising the number of bearish bets. Elevated shorting can increase volatility and place downward pressure on the stock if negative news or macro weakness appears.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. TD Cowen upped their price target on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday, January 21st. Zacks Research downgraded shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Piper Sandler reaffirmed an “overweight” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Finally, Daiwa Capital Markets increased their target price on Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Eighteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.26.

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.