Patton Fund Management Inc. Has $4.72 Million Stake in Dell Technologies Inc. $DELL

Key Points

• Patton Fund Management boosted its stake in Dell by 1,876.1% in Q4 to 37,527 shares, worth about $4.72 million.
• Dell beat expectations with $3.89 EPS and $33.38 billion revenue, raised FY2027 guidance to 12.90 EPS, and increased its quarterly dividend to $0.63 (annualized $2.52, ~1.3% yield).
• Sentiment is mixed: M&A chatter (Nvidia) and AI/server demand have lifted the stock, but heavy insider selling (≈2.62M shares, ~$406.7M in the past three months) and divergent analyst views temper enthusiasm.

Patton Fund Management Inc. raised its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 1,876.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,527 shares of the technology company's stock after purchasing an additional 35,628 shares during the period. Patton Fund Management Inc.'s holdings in Dell Technologies were worth $4,724,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Armstrong Advisory Group Inc. increased its stake in Dell Technologies by 3.6% in the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company's stock valued at $259,000 after purchasing an additional 63 shares in the last quarter. 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 in 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 in 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 in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in Dell Technologies by 2.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company's stock valued at $504,000 after purchasing an additional 81 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Stock Performance

Shares of DELL stock opened at $189.82 on Tuesday. Dell Technologies Inc. has a 52-week low of $80.74 and a 52-week high of $191.37. The company has a 50-day simple moving average of $147.13 and a two-hundred day simple moving average of $139.25. The company has a market capitalization of $122.58 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 0.72 and a beta of 0.88.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. During the same period in the prior year, the firm posted $2.68 EPS. The firm's quarterly 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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st will be paid a $0.63 dividend. The ex-dividend date is 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 1.3%. Dell Technologies's dividend payout ratio is presently 24.08%.

Analyst Ratings Changes

DELL has been the subject of several research reports. Truist Financial initiated coverage on shares of Dell Technologies in a research report on Tuesday, March 31st. They issued a "hold" rating and a $170.00 price target for the company. JPMorgan Chase & Co. reduced their price target on shares of Dell Technologies from $170.00 to $155.00 and set an "overweight" rating for the company in a research report on Thursday, February 19th. Wolfe Research assumed coverage on shares of Dell Technologies in a research report on Thursday, April 9th. They set a "peer perform" rating for the company. Dbs Bank raised shares of Dell Technologies to a "moderate buy" rating in a research report on Monday, January 5th. Finally, Weiss Ratings downgraded shares of Dell Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, April 1st. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $170.47.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of the business's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $145.13, for a total value of $21,819,714.98. Following the transaction, the director directly owned 65,662 shares in the company, valued at $9,529,526.06. The trade was a 69.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of the business's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $152.28, for a total transaction of $11,308,008.24. Following the completion of the transaction, the director owned 92 shares in the company, valued at approximately $14,009.76. The trade was a 99.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,615,022 shares of company stock valued at $406,651,043 in the last three months. Insiders own 42.00% of the company's stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Takeover speculation lifted the tape — reports that Nvidia could be pursuing a large PC acquisition sparked buyer interest in Dell as a potential target, lifting shares as traders priced in an M&A upside. Read More.
• Positive Sentiment: Fundamentals support the move — Dell recently beat earnings and revenue expectations and issued solid near-term guidance, giving investors a fundamental reason to accumulate shares beyond pure M&A chatter. Read More.
• Positive Sentiment: AI/server narrative remains a tailwind — coverage highlighting Dell’s role in AI infrastructure (servers, storage) reinforces expectations for sustained demand and premium multiple expansion. Read More.
• Neutral Sentiment: Analyst views mixed — some firms initiated or maintained constructive ratings but others flag near-term risks (memory pricing, supply constraints), so broker sentiment is supportive but not unanimous. Read More.
• Neutral Sentiment: Product refreshes improve positioning but are incremental — new Pro PC/XPS updates show competitiveness in endpoints but are unlikely to drive near-term stock moves versus the M&A/AI narratives. Read More.
• Negative Sentiment: Insider selling noted — Dell’s CFO sold ~19,500 shares in early April, which can be interpreted as near-term profit-taking by insiders. Read More.
• Negative Sentiment: After-hours pullback — the stock gave back some regular-session gains in extended trading, suggesting some traders view the rally as speculative or are locking in profits. Read More.
• Negative Sentiment: Deal odds questioned by experts — prominent commentators say an Nvidia acquisition of Dell is unlikely, which could remove the speculative M&A upside if that view gains traction. Read More.

About Dell Technologies

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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