Ilmarinen Mutual Pension Insurance Co Has $9.37 Million Position in Dell Technologies Inc. $DELL

Key Points

• Ilmarinen Mutual Pension Insurance Co increased its Dell Technologies stake by 13.8% in Q4, ending with 74,401 shares valued at about $9.37 million.
• Institutional ownership remains heavy, with major funds like Vanguard, State Street, and Geode also adding to their positions; overall, 76.37% of Dell’s stock is held by institutions and hedge funds.
• Dell’s latest results and outlook were strong: it beat earnings and revenue estimates, driven by surging AI server demand, and management raised FY2027 guidance to $165 billion-$169 billion in revenue and $17.90 EPS.

Ilmarinen Mutual Pension Insurance Co grew its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 13.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,401 shares of the technology company's stock after buying an additional 9,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co's holdings in Dell Technologies were worth $9,366,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Dell Technologies by 4.5% in the 4th 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 in the last quarter. State Street Corp raised its position in shares of Dell Technologies by 2.5% in the 3rd 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 in the last quarter. Geode Capital Management LLC raised its position in shares of Dell Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock valued at $939,808,000 after buying an additional 108,011 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Dell Technologies by 82.3% during the 3rd quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company's stock valued at $688,315,000 after purchasing an additional 2,191,317 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Dell Technologies by 19.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,840,921 shares of the technology company's stock valued at $544,670,000 after purchasing an additional 637,189 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DELL shares. UBS Group lowered shares of Dell Technologies from a "buy" rating to a "neutral" rating and lifted their price target for the company from $167.00 to $243.00 in a report on Sunday, May 10th. JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $205.00 to $280.00 and gave the company an "overweight" rating in a report on Friday, May 15th. Raymond James Financial increased their price target on Dell Technologies from $166.00 to $182.00 and gave the company an "outperform" rating in a research note on Friday, February 27th. Evercore increased their price target on Dell Technologies from $240.00 to $270.00 and gave the company an "outperform" rating in a research note on Tuesday, May 19th. Finally, Bank of America reiterated a "buy" rating on shares of Dell Technologies in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $211.32.

Insider Activity

In other Dell Technologies news, COO Jeffrey W. Clarke sold 116,000 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the sale, the chief operating officer directly owned 1,687,414 shares in the company, valued at approximately $307,919,306.72. This trade represents a 6.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Alan Kennedy sold 19,500 shares of the stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $182.53, for a total value of $3,559,335.00. Following the sale, the chief financial officer owned 183,097 shares of the company's stock, valued at approximately $33,420,695.41. The trade was a 9.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 3,571,688 shares of company stock worth $576,654,105. 41.50% of the stock is owned by insiders.

Key Dell Technologies News

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

• Positive Sentiment: Dell reported fiscal Q1 revenue of $43.8 billion, far above estimates, with EPS of $5.24 and non-GAAP EPS of $4.86 both topping forecasts by a wide margin. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI infrastructure demand was the standout catalyst: AI-optimized server revenue jumped sharply, and Dell said its backlog/orders and data-center momentum support continued growth. Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised FY2027 guidance to $165 billion-$169 billion in revenue and $17.90 EPS, signaling confidence that AI and server spending will keep accelerating. Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Dell also won a $9.7 billion Pentagon software contract, which added an extra boost to sentiment ahead of earnings and reinforced the company’s government/enterprise footprint. Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump

Dell Technologies Stock Performance

NYSE:DELL opened at $318.22 on Friday. The firm's fifty day moving average is $211.39 and its 200-day moving average is $157.54. Dell Technologies Inc. has a 52 week low of $106.38 and a 52 week high of $327.73. The firm has a market cap of $205.49 billion, a P/E ratio of 36.49, a P/E/G ratio of 1.12 and a beta of 0.99.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts' consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the firm posted $1.55 EPS. The company's quarterly revenue was up 87.5% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 12.21 earnings per share for the current year.

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.

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.