Dell Technologies (NYSE:DELL) Price Target Raised to $160.00

Dell Technologies (NYSE:DELL) had its price target raised by Citic Securities from $150.00 to $160.00 in a report released on Friday,MarketScreener reports. Citic Securities currently has a buy rating on the technology company’s stock.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, November 17th. Raymond James Financial boosted their target price on Dell Technologies from $152.00 to $161.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st. Fox Advisors lowered Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Wells Fargo & Company lifted their price target on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Finally, Piper Sandler reissued an “overweight” rating on shares of Dell Technologies in a research note on Wednesday. Seventeen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.05.

Dell Technologies Price Performance

Shares of DELL opened at $133.06 on Friday. Dell Technologies has a 1 year low of $66.25 and a 1 year high of $168.08. The stock has a 50 day simple moving average of $143.67 and a two-hundred day simple moving average of $130.87. The firm has a market cap of $89.46 billion, a P/E ratio of 17.74, a P/E/G ratio of 0.89 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same period in the previous year, the business posted $2.15 EPS. The business’s quarterly revenue was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. Q4 2026 guidance at 3.500-3.500 EPS. On average, equities analysts anticipate that Dell Technologies will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. Dell Technologies’s payout ratio is 28.00%.

Insider Buying and Selling

In other news, Director William D. Green sold 42,736 shares of the firm’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $160.00, for a total value of $6,837,760.00. Following the completion of the sale, the director directly owned 47,619 shares of the company’s stock, valued at approximately $7,619,040. This trade represents a 47.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 19,256 shares of the business’s stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $154.21, for a total transaction of $2,969,467.76. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,537,755 shares of company stock valued at $642,644,973 over the last three months. Insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Winnow Wealth LLC purchased a new position in shares of Dell Technologies in the 2nd quarter valued at approximately $25,000. N.E.W. Advisory Services LLC bought a new position in Dell Technologies in the first quarter worth $26,000. Cheviot Value Management LLC purchased a new position in Dell Technologies during the first quarter valued at $27,000. Flaharty Asset Management LLC bought a new stake in shares of Dell Technologies during the 1st quarter valued at $27,000. Finally, Westside Investment Management Inc. grew its position in shares of Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).