Teacher Retirement System of Texas Sells 17,412 Shares of Dell Technologies Inc. $DELL

Key Points

• Teacher Retirement System of Texas trimmed its stake in Dell by 14.1%, selling 17,412 shares and leaving it with 106,213 shares valued at about $13.37 million.
• Dell reported an EPS beat (Q EPS $3.89 vs. $3.53 est.) and revenue of $33.38 billion (up 39.5% YoY), set FY2027 EPS guidance of ~12.9, signed a $1.44 billion AI deal, and raised its quarterly dividend to $0.63.

Teacher Retirement System of Texas lowered its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 14.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,213 shares of the technology company's stock after selling 17,412 shares during the period. Teacher Retirement System of Texas' holdings in Dell Technologies were worth $13,370,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company's stock worth $31,000 after purchasing an additional 114 shares during the period. State of Wyoming bought a new position in shares of Dell Technologies during the second quarter worth approximately $33,000. Red Tortoise LLC bought a new position in shares of Dell Technologies during the third quarter worth approximately $36,000. J.Safra Asset Management Corp bought a new position in shares of Dell Technologies during the third quarter worth approximately $43,000. Finally, Westside Investment Management Inc. increased its stake in shares of Dell Technologies by 35.8% during the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company's stock worth $43,000 after purchasing an additional 78 shares during the period. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Performance

Shares of DELL opened at $216.13 on Friday. Dell Technologies Inc. has a 52-week low of $86.76 and a 52-week high of $219.26. The business's fifty day moving average is $161.80 and its 200-day moving average is $143.02. The firm has a market cap of $139.57 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 0.86 and a beta of 0.88.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $31.60 billion. During the same quarter last year, the company posted $2.68 EPS. The company's revenue for the quarter 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, research analysts forecast that Dell Technologies Inc. will post 11.9 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, April 21st. This is a positive change from Dell Technologies's previous quarterly dividend of $0.53. Dell Technologies's dividend payout ratio is 28.90%.

Insider Buying and Selling at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total value of $74,883,300.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction on 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 completion of the transaction, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. The trade was a 69.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,571,688 shares of company stock worth $576,654,105. Corporate insiders own 42.00% of the company's stock.

Wall Street Analysts Forecast Growth

DELL has been the topic of a number of recent research reports. Weiss Ratings upgraded Dell Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, April 16th. Wall Street Zen upgraded Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 21st. Raymond James Financial raised their price objective on Dell Technologies from $166.00 to $182.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Bank of America raised their price objective on Dell Technologies from $172.00 to $205.00 and gave the stock a "buy" rating in a research note on Wednesday, April 8th. Finally, The Goldman Sachs Group raised their price objective on Dell Technologies from $195.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.53.

Dell Technologies News Summary

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

• Positive Sentiment: Signed a $1.44 billion AI purchase agreement to support Boost Run’s AI deployments — a tangible revenue win that reinforces Dell’s exposure to hyperscaler/enterprise AI spending and underpins near-term server demand. Dell Signs $1.4 Billion AI Deal
• Positive Sentiment: Evercore raised its price target to $240 and reaffirmed an outperform rating — adds institutional validation and creates upside potential relative to the prior consensus. Evercore raises price target
• Positive Sentiment: Zacks upgraded DELL from Hold to Strong Buy — another near-term buy signal that can help attract momentum traders and retail flows. Zacks upgrade
• Positive Sentiment: Analysts and coverage pieces highlight massive AI server exposure (reported ~$64B in AI server orders and ~$43B backlog) — supports consensus that Dell is a key beneficiary of the AI infrastructure cycle. Dell vs Apple AI coverage
• Neutral Sentiment: Performance/sector comparisons and valuation pieces note strong short‑term momentum (large recent share gains and improved revenue/earnings profile) but also raise questions about premium valuation after the rally. Useful context for longer‑term positioning rather than immediate catalysts. Assessing Dell valuation
• Neutral Sentiment: Articles comparing DELL to peers note outperformance year‑to‑date, which explains part of the momentum but also increases sensitivity to any negative news flow. DELL outperforming peers
• Negative Sentiment: Yesterday’s intraday pullback and reporting of a small decline highlight volatility after the rally — profit‑taking or rotation could pressure the stock if new orders or guidance slow. Dell dips more than market
• Negative Sentiment: Uncertainty from M&A speculation in the PC/server space (NVIDIA/HP reports) could re‑rate competitive dynamics — a large consolidation elsewhere might shift OEM bargaining power or alter partner relationships. Potential NVIDIA deal

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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