Truist Financial Corp Grows Position in Dell Technologies Inc. $DELL

Truist Financial Corp lifted its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 15.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 336,503 shares of the technology company’s stock after purchasing an additional 44,804 shares during the quarter. Truist Financial Corp’s holdings in Dell Technologies were worth $42,359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Flagship Harbor Advisors LLC lifted its stake in Dell Technologies by 1.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock worth $789,000 after acquiring an additional 71 shares in the last quarter. Westside Investment Management Inc. lifted its stake in Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after acquiring an additional 78 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in Dell Technologies by 0.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock worth $3,067,000 after acquiring an additional 78 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in Dell Technologies by 33.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 325 shares of the technology company’s stock worth $46,000 after acquiring an additional 82 shares in the last quarter. Finally, Lindenwold Advisors INC lifted its stake in Dell Technologies by 1.0% during the 3rd quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock worth $1,302,000 after acquiring an additional 87 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: The Board unanimously recommended changing Dell’s state of incorporation from Delaware to Texas and will ask shareholders to approve the redomestication at the June 25, 2026 annual meeting — investors view this as aligning legal domicile with HQ and simplifying corporate structure. Dell Technologies Board Unanimously Recommends Redomestication to Texas
• Positive Sentiment: Dell expanded its AI infrastructure push by integrating Trust3 AI’s governance into its storage/data lakehouse offering, which targets regulated industries and could drive higher-margin enterprise bookings as regulated AI workloads scale. Dell Targets Regulated AI Growth With Trust3 Data Governance Integration
• Neutral Sentiment: Wall Street commentary is cautiously optimistic: analysts note Dell’s strong recent earnings and guidance but flag valuation and execution risks; some retail/quant coverage calls it a “trending” or value name to watch. These views help explain investor interest but temper runaway expectations. Dell Technologies Stock: Analyst Estimates & Ratings
• Negative Sentiment: Dell granted COO Karen Clarke roughly $132 million in performance‑linked stock options, a large compensation package that raises near‑term dilution and governance scrutiny risks for some investors. Dell Offers COO Clarke $132 Mn in Performance-Linked Stock Options
• Negative Sentiment: Insider selling activity was noted in April while institutions and analysts buy, creating mixed signals about near‑term conviction among management vs. the market. Leading Insider Sales: April Activity Ramps in These Stocks (DELL)
• Negative Sentiment: The redomestication is part of a wider “Dexit” trend drawing scrutiny — some investors worry Texas corporate law may offer different shareholder protections compared with Delaware, introducing governance uncertainty even as the market currently rewards the move. Dell plans to reincorporate in Texas as pattern emerges among companies joining ‘Dexit’

Analyst Ratings Changes

DELL has been the topic of several research reports. The Goldman Sachs Group increased their target price on Dell Technologies from $215.00 to $230.00 in a research note on Thursday, April 30th. JPMorgan Chase & Co. increased their target price on Dell Technologies from $165.00 to $205.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Weiss Ratings raised Dell Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, April 16th. Morgan Stanley increased their target price on Dell Technologies from $101.00 to $110.00 and gave the stock an “underweight” rating in a research note on Tuesday, April 28th. Finally, Truist Financial started coverage on Dell Technologies in a research report on Tuesday, March 31st. They issued a “hold” rating and a $170.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $184.47.

Dell Technologies Stock Performance

DELL opened at $216.46 on Wednesday. Dell Technologies Inc. has a one year low of $92.53 and a one year high of $221.50. The company has a market cap of $139.78 billion, a P/E ratio of 24.82, a PEG ratio of 0.86 and a beta of 0.99. The business’s 50-day simple moving average is $171.01 and its 200-day simple moving average is $144.85.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $33.38 billion for the quarter, compared to the consensus estimate of $31.60 billion. During the same quarter in the prior year, the business posted $2.68 EPS. The business’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, analysts predict that Dell Technologies Inc. will post 11.9 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, April 21st. This represents a $2.52 dividend on an annualized basis and a yield of 1.2%. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio (DPR) is 28.90%.

Insider Buying and Selling

In related news, Director Ellen Jamison Kullman sold 150,346 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was 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 trade represents a 69.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total value of $74,883,300.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,571,688 shares of company stock worth $576,654,105 in the last 90 days. 42.00% of the stock is currently owned by company insiders.

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.