Caprock Group LLC Cuts Stake in Dell Technologies Inc. $DELL

Key Points

• Caprock Group LLC reduced its stake in Dell Technologies by 15.7% in Q4, selling 4,806 shares and finishing the quarter with 25,880 shares valued at about $3.26 million.
• Dell beat Q4 estimates with $3.89 EPS and $33.38 billion in revenue (up 39.5% year‑over‑year), set FY2027 EPS guidance at 12.90, and raised its quarterly dividend to $0.63 ($2.52 annualized, 1.2% yield).
• Insiders sold 3,571,688 shares worth roughly $576.65 million last quarter (including large director sales), even as Dell secured a $1.44 billion AI infrastructure order and received multiple analyst upgrades and higher price targets.

Caprock Group LLC cut its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,880 shares of the technology company's stock after selling 4,806 shares during the quarter. Caprock Group LLC's holdings in Dell Technologies were worth $3,258,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. WealthCollab LLC raised its position in Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company's stock valued at $31,000 after purchasing an additional 114 shares during the period. Red Tortoise LLC acquired a new stake in shares of Dell Technologies during the third quarter valued at about $36,000. State of Wyoming acquired a new stake in shares of Dell Technologies during the second quarter valued at about $33,000. Westside Investment Management Inc. grew its stake in shares of Dell Technologies by 35.8% during the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company's stock valued at $43,000 after acquiring an additional 78 shares in the last quarter. Finally, J.Safra Asset Management Corp acquired a new stake in shares of Dell Technologies during the third quarter valued at about $43,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

NYSE:DELL opened at $212.14 on Friday. The company has a market capitalization of $136.99 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 0.87 and a beta of 0.88. Dell Technologies Inc. has a one year low of $86.76 and a one year high of $219.26. The stock has a 50-day simple moving average of $159.82 and a 200 day simple moving average of $142.53.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping analysts' consensus estimates of $3.53 by $0.36. The business had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The company's revenue for the quarter was up 39.5% compared to the same quarter last year. During the same period last year, the firm earned $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, equities research analysts forecast that Dell Technologies Inc. will post 11.9 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, April 21st will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Dell Technologies's previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, April 21st. Dell Technologies's payout ratio is 28.90%.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: The company announced a $1.44 billion purchase agreement with Boost Run to supply large-scale AI compute and storage infrastructure — a material, revenue-driving enterprise order that directly validates Dell’s AI server pipeline and financing solutions. Dell Signs $1.4 Billion AI Deal
• Positive Sentiment: Analysts have been raising targets and ratings — Evercore boosted its price target to $240 (outperform) and Zacks upgraded Dell to “strong-buy” — which supports further upside and investor confidence in Dell’s AI growth opportunity. Evercore Raises Price Target
• Positive Sentiment: Market commentary highlights very large AI server orders and a sizable backlog (reported multi‑billion-dollar figures), reinforcing that Dell is a key beneficiary of enterprise AI infrastructure spending. Dell vs Apple: AI Server Orders
• Neutral Sentiment: Analyses note strong momentum and valuation re‑rating after a big run — Dell’s recent gains have been large (30‑day and 1‑year returns highlighted), prompting fresh attention on whether valuation now fully reflects AI tailwinds. Assessing Dell Valuation
• Negative Sentiment: The stock slipped amid broader-market weakness and likely short‑term profit‑taking after rapid gains; intraday weakness has outpaced the market in some reports. Dell Dips More Than Broader Market
• Negative Sentiment: Rumors of a potential strategic move in the PC/server space (reports about NVIDIA discussions with PC makers) create uncertainty about competitive dynamics and long‑term positioning for incumbents like Dell. That headline risk can pressure shares until clarity emerges. Potential NVIDIA Deal Coverage

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction that occurred 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 $9,529,526.06. The trade was a 69.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies 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 disclosure for this sale is available in the SEC filing. Insiders sold 3,571,688 shares of company stock valued at $576,654,105 over the last quarter. Insiders own 42.00% of the company's stock.

Wall Street Analysts Forecast Growth

DELL has been the subject of several recent analyst reports. Weiss Ratings upgraded Dell Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, April 16th. Dbs Bank upgraded Dell Technologies to a "moderate buy" rating in a research note on Monday, January 5th. Barclays raised their target price on Dell Technologies from $148.00 to $168.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. The Goldman Sachs Group raised their target price on Dell Technologies from $195.00 to $215.00 and gave the company a "buy" rating in a research note on Thursday, April 16th. Finally, Wall Street Zen upgraded Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $181.53.

Dell Technologies Company 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.

Want to see what other hedge funds are holding DELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dell Technologies Inc. (NYSE:DELL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.