Dell Technologies Inc. $DELL Shares Bought by Truist Financial Corp

Key Points

• Truist Financial increased its stake in Dell by 15.4% in Q4 to 336,503 shares, worth about $42.36 million.
• Dell beat expectations with Q results (EPS $3.89 vs. $3.53 est.) and revenue of $33.38 billion (up 39.5% YoY), and provided FY2027 EPS guidance of 12.90, signaling strong momentum.
• Insider selling was heavy—3.57 million shares (~$576.7M) sold last quarter—despite ~76% institutional ownership and a MarketBeat consensus of "Moderate Buy" with a $184.47 price target.

Truist Financial Corp raised its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 15.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 336,503 shares of the technology company's stock after acquiring an additional 44,804 shares during the quarter. Truist Financial Corp owned approximately 0.05% of Dell Technologies worth $42,359,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DELL. WealthCollab LLC raised its stake in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company's stock worth $31,000 after buying an additional 114 shares during the period. Red Tortoise LLC acquired a new position in shares of Dell Technologies during the 3rd quarter worth approximately $36,000. State of Wyoming acquired a new position in shares of Dell Technologies during the 2nd quarter worth approximately $33,000. Westside Investment Management Inc. raised its stake in shares of 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 buying an additional 78 shares during the period. Finally, J.Safra Asset Management Corp acquired a new position in shares of Dell Technologies during the 3rd quarter worth approximately $43,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DELL has been the subject of several research analyst reports. Bank of America upped their target price on Dell Technologies from $205.00 to $246.00 in a research note on Monday, April 27th. The Goldman Sachs Group upped their target price on Dell Technologies from $215.00 to $230.00 in a research note on Thursday, April 30th. Piper Sandler reduced their target price on Dell Technologies from $172.00 to $167.00 and set an "overweight" rating for the company in a research note on Friday, February 27th. Raymond James Financial upped their target price on Dell Technologies from $166.00 to $182.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Finally, Barclays boosted their price target on Dell Technologies from $148.00 to $168.00 and gave the stock an "overweight" rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have issued 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 a consensus price target of $184.47.

Dell Technologies Stock Up 2.3%

Shares of NYSE:DELL opened at $216.46 on Wednesday. The business has a fifty day moving average of $171.01 and a two-hundred day moving average of $144.85. The stock 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. Dell Technologies Inc. has a 52-week low of $92.53 and a 52-week high of $221.50.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $33.38 billion during the quarter, compared to analysts' expectations of $31.60 billion. During the same period in the prior year, the business earned $2.68 EPS. The firm'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. On average, equities analysts anticipate that Dell Technologies Inc. will post 11.9 earnings per share for the current year.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were issued a $0.63 dividend. This is a boost from Dell Technologies's previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, April 21st. Dell Technologies's payout ratio is currently 28.90%.

Insider Buying and Selling

In other news, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 65,662 shares in the company, valued at approximately $9,529,526.06. This represents a 69.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total value of $74,883,300.00. The SEC filing for this sale provides additional information. Insiders sold 3,571,688 shares of company stock worth $576,654,105 over the last quarter. 42.00% of the stock is currently owned by insiders.

Key Headlines Impacting 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'

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.

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