Fideuram Intesa Sanpaolo Private Banking S.P.A. Takes Position in Dell Technologies Inc. $DELL

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Dell Technologies Inc. (NYSE:DELL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 48,290 shares of the technology company’s stock, valued at approximately $6,079,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DELL. Navalign LLC purchased a new stake in shares of Dell Technologies during the 4th quarter valued at approximately $29,000. WealthCollab LLC boosted its stake in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares during the period. iA Global Asset Management Inc. acquired a new stake in Dell Technologies during the 4th quarter worth approximately $32,000. State of Wyoming acquired a new stake in Dell Technologies during the 2nd quarter worth approximately $33,000. Finally, Westside Investment Management Inc. lifted its holdings in Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after buying an additional 78 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell unveiled new AI infrastructure offerings, including Deskside Agentic AI, PowerStore Elite storage, PowerEdge 18th-gen servers, and PowerRack, all aimed at helping enterprises deploy AI faster with better security, lower latency, and data-sovereignty control.
• Positive Sentiment: Multiple reports highlighted Dell’s growing AI momentum, including strong enterprise demand, a record AI backlog, and surging AI server orders, reinforcing the case that AI infrastructure is driving Dell’s growth outlook.
• Positive Sentiment: Analysts turned more constructive, with Evercore and Bank of America both raising price targets, signaling confidence that Dell’s AI server and data-center pipeline can keep supporting earnings growth.
• Neutral Sentiment: Dell and OpenAI-related coverage suggested the company is becoming an on-prem channel for frontier models and enterprise AI tools, which adds to the AI story but is still early in monetization.
• Negative Sentiment: Some commentary warned that Dell’s stock may already be rich after its recent run, and there are lingering concerns that supply constraints and lofty valuation could limit near-term upside.

Insider Activity

In other news, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The disclosure for this sale is available in the SEC filing. In the last ninety 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 Price Performance

Dell Technologies stock opened at $235.42 on Wednesday. The company has a market cap of $152.02 billion, a PE ratio of 27.00, a P/E/G ratio of 0.97 and a beta of 0.99. The company has a fifty day moving average price of $192.07 and a two-hundred day moving average price of $150.99. Dell Technologies Inc. has a 12 month low of $106.38 and a 12 month high of $263.99.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. The company had revenue of $33.38 billion for the quarter, compared to analysts’ expectations of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The firm’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same period last year, the business posted $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. Equities research analysts anticipate that Dell Technologies Inc. will post 11.87 earnings per share for the current year.

Dell Technologies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were paid a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. 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. Dell Technologies’s dividend payout ratio (DPR) is 28.90%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DELL shares. Citigroup lifted their price target on shares of Dell Technologies from $180.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Evercore boosted their price objective on shares of Dell Technologies from $240.00 to $270.00 and gave the company an “outperform” rating in a research note on Tuesday. Wolfe Research began coverage on shares of Dell Technologies in a research note on Thursday, April 9th. They set a “peer perform” rating on the stock. Barclays increased their price objective on shares of Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, The Goldman Sachs Group increased their price objective on shares of Dell Technologies from $215.00 to $230.00 in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $198.16.

Dell Technologies 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.