Harmony Asset Management LLC Takes Position in Dell Technologies Inc. $DELL

Harmony Asset Management LLC bought a new stake in Dell Technologies Inc. (NYSE:DELL) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 11,507 shares of the technology company’s stock, valued at approximately $1,449,000.

Other institutional investors have also modified their holdings of the company. Navalign LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at about $29,000. WealthCollab LLC raised its stake in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in shares of Dell Technologies in the 4th quarter valued at about $32,000. State of Wyoming acquired a new stake in shares of Dell Technologies in the 2nd quarter valued at about $33,000. Finally, Westside Investment Management Inc. raised its stake in shares of Dell Technologies by 35.8% in the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock valued at $43,000 after purchasing an additional 78 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: Bank of America says Dell is likely to beat Wall Street estimates on both revenue and earnings next week and raise its full-year guidance, driven by sustained AI server demand, stronger PC trends, and improving infrastructure solutions revenue. The firm reiterated its Buy rating and lifted its price target to $280 from $246. Dell set to deliver beat and raise for Q1, says Bank of America
• Positive Sentiment: Multiple articles highlighted Dell’s strong earnings surprise history and a favorable setup for another quarterly beat, reinforcing expectations that the upcoming report could again exceed estimates. Will Dell Technologies (DELL) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Dell unveiled new storage, AI server, and cyber resilience products at its tech event, underscoring its push to capitalize on enterprise AI spending and data-center refresh demand. Dell announces PowerStore Elite storage platform, unveils 18th generation of PowerEdge servers
• Positive Sentiment: Coverage also emphasized Dell’s expanding AI ecosystem and partnerships, including a tighter tie-up with Nvidia and momentum in on-premises agentic AI, which supports the bullish long-term growth narrative. Dell Becomes OpenAI’s On-Prem Channel For Frontier Models

Dell Technologies Trading Up 3.3%

NYSE DELL opened at $243.00 on Thursday. Dell Technologies Inc. has a 52 week low of $106.38 and a 52 week high of $263.99. The stock has a market cap of $156.92 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 0.89 and a beta of 0.99. The company has a 50-day moving average price of $194.00 and a two-hundred day moving average price of $151.57.

Dell Technologies (NYSE:DELL) last posted 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 firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the prior year, the firm earned $2.68 EPS. Dell Technologies’s quarterly 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, equities research analysts expect that Dell Technologies Inc. will post 11.87 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. Shareholders of record on Tuesday, April 21st were given a $0.63 dividend. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. The ex-dividend date was Tuesday, April 21st. This represents a $2.52 annualized dividend and a yield of 1.0%. Dell Technologies’s payout ratio is currently 28.90%.

Analyst Ratings Changes

A number of brokerages recently weighed in on DELL. Bank of America boosted their price objective on shares of Dell Technologies from $246.00 to $280.00 and gave the company a “buy” rating in a research report on Monday. Piper Sandler lowered their price objective on shares of Dell Technologies from $172.00 to $167.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Morgan Stanley boosted their price objective on shares of Dell Technologies from $101.00 to $110.00 and gave the company an “underweight” rating in a research report on Tuesday, April 28th. Barclays boosted their price objective 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, Citigroup boosted their price objective on shares of Dell Technologies from $180.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average target price of $203.42.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director owned 65,662 shares of the company’s stock, valued at $9,529,526.06. This trade represents a 69.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 3,571,688 shares of company stock valued at $576,654,105. 42.00% of the stock is owned by insiders.

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.