Dell Technologies Inc. $DELL Shares Sold by Viking Fund Management LLC

Viking Fund Management LLC trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL) by 24.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,000 shares of the technology company’s stock after selling 14,000 shares during the quarter. Viking Fund Management LLC’s holdings in Dell Technologies were worth $5,413,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Dell Technologies in the 2nd quarter valued at approximately $528,279,000. Wellington Management Group LLP grew its holdings in Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares during the period. Invesco Ltd. raised its position in Dell Technologies by 82.3% in the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock worth $688,315,000 after acquiring an additional 2,191,317 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Dell Technologies by 541.9% in the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after acquiring an additional 1,685,529 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of Dell Technologies by 628.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after purchasing an additional 1,185,454 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Trading Up 7.4%

Shares of DELL opened at $176.78 on Wednesday. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $178.31. The stock has a market cap of $114.15 billion, a P/E ratio of 20.27, a PEG ratio of 0.77 and a beta of 0.96. The company has a 50-day moving average of $130.58 and a two-hundred day moving average of $134.58.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $31.60 billion. During the same period in the prior year, the business earned $2.68 earnings per share. The company’s quarterly revenue was up 39.5% on a year-over-year basis. 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 forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.4%. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, April 21st. Dell Technologies’s payout ratio is presently 28.90%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on DELL shares. Morgan Stanley increased their price target on shares of Dell Technologies from $101.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 27th. Piper Sandler lowered their target price on shares of Dell Technologies from $172.00 to $167.00 and set an “overweight” rating on the stock 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 Tuesday, March 17th. UBS Group decreased their price target on Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Seventeen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $164.22.

More Dell Technologies News

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

• Positive Sentiment: Dell expanded its cybersecurity and resilience offerings aimed at AI deployments and emerging quantum risks — a product push that reinforces its positioning in the AI/server market and can drive incremental enterprise spending. Dell Technologies Expands Cybersecurity and Resilience for the AI Era and Emerging Quantum Risks
• Positive Sentiment: Bank of America raised its price target on DELL to $172 and maintained a Buy, supplying fresh sell‑side support that likely helped buying interest. Bank of America Boosts Dell Technologies Price Target to $172.00
• Positive Sentiment: Other analysts turned positive — Goldman (reported PT lift) and several five‑star/sell‑side notes highlight strong AI/server demand and reiterate Outperform/Buy views, supporting momentum. Dell Hits All-Time High as Goldman Hikes PT Five-Star Analyst Note
• Neutral Sentiment: Broader market tailwinds — easing geopolitical risk and a strong tape — are lifting technology stocks generally, which amplifies Dell’s company‑specific catalysts. Geopolitical Thaw: Why This Rally Has Legs
• Negative Sentiment: Significant insider selling was reported: Director V (Gp) L.L.C. disclosed multiple large sales (hundreds of thousands of shares across March 20–23) and filings show material proceeds — such large disposals can weigh on sentiment even if unrelated to operations. SEC Filing: Director V (Gp) L.L.C. Sale
• Negative Sentiment: Other insiders (including the CAO) also sold shares recently — persistent insider selling can prompt investor caution about timing or diversification despite strong fundamentals. InsiderTrades: CAO Richard Troy Sharp Sale

Insiders Place Their Bets

In other Dell Technologies news, CAO Richard Troy Sharp sold 1,538 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $149.26, for a total value of $229,561.88. Following the transaction, the chief accounting officer directly owned 8,030 shares in the company, valued at approximately $1,198,557.80. This represents a 16.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jennifer D. Saavedra sold 10,200 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $145.00, for a total transaction of $1,479,000.00. Following the sale, the insider directly owned 252,715 shares in the company, valued at $36,643,675. This represents a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 2,452,455 shares of company stock valued at $379,485,653. Insiders own 42.00% of the company’s stock.

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.