Dell Technologies Inc. $DELL Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ boosted its Dell stake 6.1% to 671,511 shares (about $85.8M); institutional investors own 76.37% of the stock while insiders have sold 3,571,688 shares (~$576.7M) in the past three months but still hold 42%.
• Analyst upgrades are piling up—Mizuho raised its target to $260 (outperform), Citigroup to $235 (buy) and JPMorgan to $205 (overweight)—with a MarketBeat consensus of "Moderate Buy" and a $186.84 target.
• Operational momentum: Dell topped quarterly estimates (EPS $3.89 vs. $3.53; revenue $33.38B, +39.5% YoY), is winning AI infrastructure deals (e.g., TotalEnergies supercomputer) and raised its quarterly dividend to $0.63 ($2.52 annual, ~1.1% yield).

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 6.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 671,511 shares of the technology company's stock after purchasing an additional 38,521 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.10% of Dell Technologies worth $85,819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC increased its stake in Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company's stock valued at $789,000 after purchasing an additional 71 shares during the last quarter. Westside Investment Management Inc. increased its stake in Dell Technologies by 35.8% in the third 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 during the last quarter. Pinnacle Associates Ltd. increased its stake in Dell Technologies by 0.4% in the third quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company's stock valued at $3,067,000 after purchasing an additional 78 shares during the last quarter. Meeder Asset Management Inc. increased its stake in Dell Technologies by 33.7% in the third quarter. Meeder Asset Management Inc. now owns 325 shares of the technology company's stock valued at $46,000 after purchasing an additional 82 shares during the last quarter. Finally, Lindenwold Advisors INC increased its stake in Dell Technologies by 1.0% in the third quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company's stock valued at $1,302,000 after purchasing an additional 87 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on DELL. Mizuho upped their price target on Dell Technologies from $215.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday. Citigroup upped their price target on Dell Technologies from $180.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. Truist Financial began coverage on Dell Technologies in a research note on Tuesday, March 31st. They set a "hold" rating and a $170.00 price target for the company. Weiss Ratings upgraded Dell Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, April 16th. Finally, JPMorgan Chase & Co. upped their price target on Dell Technologies from $165.00 to $205.00 and gave the stock an "overweight" rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $186.84.

Insider Buying and Selling

In related news, insider William F. Scannell sold 143,067 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the transaction, the insider owned 21,779 shares of the company's stock, valued at approximately $3,593,535. This represents a 86.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.81, for a total value of $67,541,420.00. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. 42.00% of the stock is owned by insiders.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $229.97 on Friday. Dell Technologies Inc. has a 1-year low of $95.64 and a 1-year high of $239.45. The business has a 50-day moving average of $175.62 and a 200-day moving average of $146.04. The company has a market capitalization of $148.50 billion, a price-to-earnings ratio of 26.37, a PEG ratio of 0.97 and a beta of 0.99.

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 for the quarter, topping 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 the consensus estimate of $31.60 billion. During the same quarter in the prior year, the business earned $2.68 earnings per share. The company's revenue was up 39.5% compared to the same quarter last year. 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. Research analysts expect that Dell Technologies Inc. will post 11.9 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st were given a $0.63 dividend. The ex-dividend date of this dividend was 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 1.1%. Dell Technologies's dividend payout ratio (DPR) is currently 28.90%.

Dell Technologies News Summary

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

• Positive Sentiment: TotalEnergies signed Dell (with NVIDIA) to build the Pangea 5 supercomputer — a sizable AI/data-center contract that reinforces Dell’s strength in AI infrastructure and recurring systems/services demand. TotalEnergies Pens AI Supercomputer Deal With Nvidia & Dell
• Positive Sentiment: Mizuho raised its price target to $260 and gave an “outperform” rating — a major sell‑side upgrade that signals additional upside versus current levels. Mizuho price target raise
• Positive Sentiment: Unusually large call‑option activity (notable spike in call volumes) indicates some traders are positioning for further gains, supporting near‑term upside interest.
• Positive Sentiment: Bullish coverage highlights Dell as a top AI‑infrastructure beneficiary and points to strong YTD performance, which underpins investor confidence in secular AI/data‑center trends. Why the Biggest Winner of the AI Infrastructure Boom Isn't Who Wall Street Thinks
• Neutral Sentiment: The board approved a plan to reincorporate from Delaware to Texas — a corporate‑governance/home‑state change that is unlikely to affect fundamentals but could have legal/administrative impacts and political visibility. Dell Technologies is ditching Delaware, changing its legal home to Texas
• Neutral Sentiment: Some analysts and articles are flagging that the stock’s sharp recent gains have pushed valuation metrics high — this raises the risk of volatility but doesn’t change Dell’s AI/data‑center exposure. Assessing Whether Dell Technologies (DELL) Shares Look Overvalued
• Negative Sentiment: Shares dipped more than the broader market today (a notable intraday pullback) as investors locked in gains after a rapid rally — profit‑taking and volatility after the run‑up are key drivers. Why Dell Technologies (DELL) Dipped More Than Broader Market Today
• Negative Sentiment: Large, multi‑year performance awards for COO Jeff Clarke (reported ~$132M–$154M) have drawn scrutiny — investors may view the grants as governance/compensation risk and potential long‑term dilution/expense. Dell Grants COO Jeff Clarke $132.4 Million Performance Award

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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