Oppenheimer Asset Management Inc. Acquires 49,870 Shares of Dell Technologies Inc. $DELL

Key Points

• Oppenheimer Asset Management boosted its Dell stake by 93.9% in Q4, buying 49,870 shares to hold 102,998 shares valued at about $12.97 million.
• Wall Street and institutions are increasingly bullish—multiple analysts raised price targets (consensus rating "Moderate Buy" with an average target of $184.47 and some targets up to $230) while institutional investors own roughly 76.37% of the stock.
• Dell reported a strong quarter—EPS $3.89 vs. $3.53 expected and revenue $33.38B (up 39.5% y/y)—and raised its quarterly dividend to $0.63 (annualized $2.52, ~1.2% yield).

Oppenheimer Asset Management Inc. raised its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 93.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,998 shares of the technology company's stock after acquiring an additional 49,870 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Dell Technologies were worth $12,965,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted 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 boosted 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. boosted 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. boosted its stake in shares of Dell Technologies by 19.9% in the third quarter. Ameriprise Financial Inc. now owns 3,840,921 shares of the technology company's stock valued at $544,670,000 after buying an additional 637,189 shares during the period. Finally, Wellington Management Group LLP boosted its stake in shares of Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company's stock valued at $426,129,000 after buying an additional 2,937,137 shares during the period. Institutional investors own 76.37% of the company's stock.

Wall Street Analysts Forecast Growth

DELL has been the subject of several recent research reports. Morgan Stanley boosted their price target on Dell Technologies from $101.00 to $110.00 and gave the company an "underweight" rating in a research note on Tuesday. Barclays boosted their price objective on shares of Dell Technologies from $148.00 to $168.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Raymond James Financial boosted their price objective on shares of Dell Technologies from $166.00 to $182.00 and gave the company an "outperform" rating in a research report on Friday, February 27th. Weiss Ratings upgraded shares of Dell Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, April 16th. Finally, Wall Street Zen upgraded shares of Dell Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $184.47.

Insiders Place Their Bets

In related news, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total value of $67,541,420.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William F. Scannell sold 143,067 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the sale, the insider owned 21,779 shares of the company's stock, valued at $3,593,535. The trade was a 86.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,571,688 shares of company stock valued at $576,654,105 over the last ninety days. 42.00% of the stock is currently owned by corporate insiders.

More Dell Technologies News

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

• Positive Sentiment: Dell led AI-server peers in April, gaining the most of the group as investors reward exposure to agentic/AI server demand — a direct driver of revenue and margin outlook. Dell, Super Micro, or HPE: Which AI Server Stock Crushed It in April?
• Positive Sentiment: Goldman Sachs raised its price target on DELL to $230 (from $215), signaling stronger analyst conviction and providing fresh catalyst for buy-side flows. Goldman Sachs Lifts Dell Technologies Price Target to $230 From $215
• Positive Sentiment: Trust3 AI expanded a strategic partnership with Dell to deliver a secure, governed AI-ready data lakehouse — a commercial tie-up that supports pipeline growth for Dell’s data center and software offerings. Trust3 AI and Dell Technologies Partner to Deliver Secure, Governed AI-Ready Data Lakehouse Infrastructure
• Positive Sentiment: Portfolio managers and commentators are highlighting Dell as a “downstream winner” from the latest AI cycle, reinforcing the idea that non-chip hardware and systems companies can capture durable demand. The downstream winners of the AI trade's latest phase
• Positive Sentiment: Street commentary noted a new street-high price target on Dell as analysts bet agentic AI will sustain momentum into 2027, which can support multiple expansion. Dell Stock Just Got a New Street-High Price Target. Should You Buy Shares Here?
• Neutral Sentiment: Short-term market coverage notes DELL outpaced the broader market on recent sessions (momentum ahead of earnings), but trading volume remains below average — highlighting possible concentration of gains in sentiment-driven flows. Why Dell Technologies (DELL) Outpaced the Stock Market Today
• Neutral Sentiment: Peer upgrades (e.g., Bank of America lifting HPE) underline sector-wide bullishness on the next AI phase; positive for sentiment but increases competitive visibility for Dell. Bank of America Lifts Hewlett Packard Enterprise (HPE) Target

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $210.23 on Friday. The company has a fifty day moving average of $169.13 and a 200-day moving average of $144.50. The company has a market capitalization of $135.76 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 0.85 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 announced its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) 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 the consensus estimate 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 for the quarter was up 39.5% compared to the same quarter last year. During the same period in the prior year, the business 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 analysts forecast that Dell Technologies Inc. will post 11.9 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business 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. The ex-dividend date was Tuesday, April 21st. This is a positive change 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%. Dell Technologies's dividend payout ratio (DPR) is currently 28.90%.

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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