Sumitomo Mitsui DS Asset Management Company Ltd Has $5.88 Million Stock Holdings in Dell Technologies Inc. $DELL

Key Points

• Sumitomo Mitsui DS Asset Management increased its Dell Technologies stake by 13.5% in the fourth quarter, ending with 46,732 shares valued at about $5.88 million.
• Dell reported strong quarterly results, with EPS of $3.89 versus $3.53 expected and revenue of $33.38 billion, while also raising its quarterly dividend to $0.63 per share from $0.53.
• Despite the earnings beat, the stock has seen significant insider selling and recent volatility, even as analysts remain broadly positive with a consensus rating of Moderate Buy.

Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,732 shares of the technology company's stock after buying an additional 5,556 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Dell Technologies were worth $5,883,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased 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 in the last quarter. State Street Corp increased 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 in the last quarter. Invesco Ltd. increased 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 in the last quarter. Ameriprise Financial Inc. increased 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 in the last quarter. Finally, Wellington Management Group LLP increased 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 in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the firm's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Ellen Jamison Kullman sold 150,346 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $145.13, for a total value of $21,819,714.98. Following the transaction, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. This trade represents a 69.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,571,688 shares of company stock worth $576,654,105. Company insiders own 42.00% of the company's stock.

Dell Technologies Trading Down 3.7%

Shares of 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 stock has a market cap of $148.50 billion, a P/E ratio of 26.37, a price-to-earnings-growth ratio of 0.97 and a beta of 0.99. The stock's 50-day moving average price is $175.62 and its two-hundred day moving average price is $146.04.

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, topping analysts' consensus estimates 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 firm had revenue of $33.38 billion for the quarter, compared to analysts' expectations of $31.60 billion. During the same quarter last 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. As a group, equities analysts forecast that Dell Technologies Inc. will post 11.9 EPS for the current year.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.1%. This is an increase from Dell Technologies's previous quarterly dividend of $0.53. The ex-dividend date was Tuesday, April 21st. Dell Technologies's dividend payout ratio (DPR) is 28.90%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Morgan Stanley lifted their price objective on Dell Technologies from $101.00 to $110.00 and gave the stock an "underweight" rating in a research report on Tuesday, April 28th. The Goldman Sachs Group lifted their price objective on Dell Technologies from $215.00 to $230.00 in a research report on Thursday, April 30th. Daiwa Securities Group lifted their price objective on Dell Technologies from $150.00 to $170.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Bank of America lifted their price objective on Dell Technologies from $205.00 to $246.00 in a research report on Monday, April 27th. Finally, Evercore lifted their price objective on Dell Technologies from $205.00 to $240.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 22nd. 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's stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $186.84.

Key Stories Impacting Dell Technologies

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 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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