Dell Technologies Inc. $DELL Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lowered its position in shares of Dell Technologies Inc. (NYSE:DELL) by 2.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 155,884 shares of the technology company’s stock after selling 3,373 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Dell Technologies were worth $22,100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Phoenix Financial Ltd. lifted its stake in shares of Dell Technologies by 95.3% in the third quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock worth $4,923,000 after acquiring an additional 16,488 shares in the last quarter. Stonegate Investment Group LLC grew its stake in Dell Technologies by 24,493.8% during the 3rd quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock valued at $58,402,000 after purchasing an additional 410,271 shares in the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in Dell Technologies by 637.3% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock valued at $2,741,000 after purchasing an additional 16,711 shares in the last quarter. Providence Capital Advisors LLC purchased a new stake in Dell Technologies during the 3rd quarter worth approximately $7,060,000. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Dell Technologies by 4.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock valued at $40,990,000 after purchasing an additional 12,695 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director V (Gp) L.L.C. Slta sold 4,417 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $146.75, for a total transaction of $648,194.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 65,662 shares of the company’s stock, valued at $9,529,526.06. This trade represents a 69.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,174,964 shares of company stock valued at $173,923,497. 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: Dell is first to ship NVIDIA’s GB300 desktop for autonomous AI agents and will support NVIDIA NemoClaw and OpenShell — a direct product tie-up that strengthens Dell’s AI developer footprint and GPU-based device pipeline. Dell Technologies First to Ship NVIDIA GB300 Desktop for Autonomous AI Agents with NVIDIA NemoClaw and NVIDIA OpenShell
• Positive Sentiment: Dell marks two years of its Dell AI Factory with NVIDIA and reports 4,000+ customers and claimed ROI improvements — signaling traction in enterprise AI services and recurring infrastructure sales. Dell AI Factory with NVIDIA Delivers Proven Path to Enterprise AI ROI
• Positive Sentiment: Advancements to the Dell AI Data Platform with NVIDIA promise automated AI data orchestration and higher storage performance for agentic workloads — a product move that addresses customers’ AI infrastructure bottlenecks. Dell AI Data Platform with NVIDIA Supercharges Enterprise AI
• Positive Sentiment: Analyses highlight Dell’s record AI server orders and a stronger-than-expected Q4 ($33.4B quarter, large AI backlog), which supports revenue visibility for AI infrastructure sales. Record AI Orders Pushed Dell to a $33.4 Billion Quarter
• Neutral Sentiment: Morgan Stanley nudged Dell’s price target higher to $110 but kept an Underweight rating, reflecting continued analyst debate over margin sustainability despite strong AI demand. Morgan Stanley Raises Dell PT to $110
• Neutral Sentiment: PC makers (including Dell) are considering price increases amid memory shortages — potentially supporting near-term ASPs but risking volume impact. PC Makers Brace for Price Hikes
• Negative Sentiment: Dell reported a ~10% decline in workforce (~11,000 jobs) in fiscal 2026, signaling cost control and hiring limits; investors may view this as a sign of caution on growth and margin uncertainty even if it reduces expenses. Dell workforce drops 10% in fiscal 2026, filing shows

Dell Technologies Stock Performance

DELL stock opened at $156.62 on Tuesday. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $168.08. The stock has a market capitalization of $103.79 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 0.71 and a beta of 0.96. The stock’s fifty day moving average is $125.86 and its two-hundred day moving average is $133.05.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping the consensus estimate of $3.53 by $0.36. The business had revenue of $33.38 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 39.5% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently declared 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 an increase from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a dividend yield of 1.6%. Dell Technologies’s dividend payout ratio (DPR) is 24.08%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DELL. Evercore reissued an “outperform” rating and set a $160.00 price target on shares of Dell Technologies in a research report on Thursday, February 19th. Wall Street Zen raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Raymond James Financial increased their price objective on shares of Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. UBS Group decreased their price objective on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. cut their target price on shares of Dell Technologies from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Sixteen equities research analysts have rated the stock with 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, Dell Technologies presently has an average rating of “Moderate Buy” and an average price target of $163.28.

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.