Comerica Bank Buys 24,954 Shares of Dell Technologies Inc. $DELL

Comerica Bank lifted its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 27.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,455 shares of the technology company's stock after buying an additional 24,954 shares during the period. Comerica Bank's holdings in Dell Technologies were worth $14,408,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Dell Technologies by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company's stock valued at $3,957,850,000 after buying an additional 1,355,841 shares during the period. State Street Corp lifted its stake in shares of Dell Technologies by 2.5% in the third quarter. State Street Corp now owns 14,450,258 shares of the technology company's stock valued at $2,048,613,000 after buying an additional 350,941 shares during the period. Invesco Ltd. lifted its stake in shares of Dell Technologies by 82.3% in the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company's stock valued at $688,315,000 after buying an additional 2,191,317 shares during the period. Ameriprise Financial Inc. lifted its stake in Dell Technologies by 19.9% during the third quarter. Ameriprise Financial Inc. now owns 3,840,921 shares of the technology company's stock worth $544,670,000 after purchasing an additional 637,189 shares during the period. Finally, Wellington Management Group LLP lifted its stake in Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company's stock worth $426,129,000 after purchasing an additional 2,937,137 shares during the period. Institutional investors own 76.37% of the company's stock.

Dell Technologies Trading Down 4.6%

NYSE DELL opened at $205.96 on Wednesday. The firm has a market cap of $133.00 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 0.88 and a beta of 0.88. The company has a 50 day moving average of $165.56 and a 200-day moving average of $143.62. Dell Technologies Inc. has a 1-year low of $86.76 and a 1-year high of $221.50.

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

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, April 21st. This is a positive change from Dell Technologies's previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a dividend yield of 1.2%. Dell Technologies's dividend payout ratio (DPR) is 28.90%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DELL. Morgan Stanley raised their price target on shares of Dell Technologies from $101.00 to $110.00 and gave the stock an "underweight" rating in a research note on Tuesday. Truist Financial began coverage on shares of Dell Technologies in a research note on Tuesday, March 31st. They set a "hold" rating and a $170.00 price target for the company. Piper Sandler cut their price target on shares of Dell Technologies from $172.00 to $167.00 and set an "overweight" rating for the company in a research note on Friday, February 27th. Daiwa Securities Group raised their price target on shares of Dell Technologies from $150.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday, March 6th. Finally, Weiss Ratings upgraded shares of Dell Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $183.68.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: BofA raised its Dell price target to $246 and said "agentic AI" will drive a surge in CPU/server demand, supporting a larger TAM for Dell's server and infrastructure business. BofA lifts Dell target
• Positive Sentiment: Analysts and media are highlighting an early-stage AI server cycle that benefits Dell's AI server and storage exposure — reinforcing upside case for sustained revenue and margin improvements. AI server cycle analysis
• Positive Sentiment: Dell won a EuroHPC/IT4LIA contract to build an AI supercomputer, a tangible revenue/credibility win in the high-performance computing / AI infrastructure market. EuroHPC contract
• Positive Sentiment: Coverage pieces and screener lists are flagging Dell as a top-performing large‑cap YTD (roughly +69%), which supports continued investor interest and flows into the name. InsiderMonkey roundup
• Neutral Sentiment: Media reports note Dell recently hit an all‑time high — useful context for momentum but not a direct catalyst. All-time high report
• Neutral Sentiment: Several articles review bullish Wall Street views and the AI opportunity; these summarize analyst optimism but don't change fundamentals immediately. Yahoo analysis
• Negative Sentiment: Morgan Stanley raised its target to $110 but maintained an "underweight" rating — the low target (well below the current price) introduces a starkly different risk view and likely contributed to short‑term selling pressure. Morgan Stanley note
• Negative Sentiment: The stock's rapid run (~69% YTD) and a wide range of analyst targets ($110 to $246) increase volatility and make profit‑taking and rotation more likely in the short term. No external link

Insider Activity at Dell Technologies

In other news, CFO David Alan Kennedy sold 19,500 shares of the firm's stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer owned 183,097 shares of the company's stock, valued at approximately $33,420,695.41. This trade represents a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider William F. Scannell sold 143,067 shares of the firm's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares of the company's stock, valued at approximately $3,593,535. This represents a 86.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. Insiders own 42.00% of the company's stock.

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.

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