Dell Technologies (NYSE:DELL) Shares Up 3.5% – What’s Next?

Dell Technologies Inc. (NYSE:DELL) shares were up 3.5% on Wednesday . The company traded as high as $449.45 and last traded at $431.97. 9,651,803 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 8,720,580 shares. The stock had previously closed at $417.28.

More Dell Technologies News

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

• Positive Sentiment: Evercore boosted its view on Dell Technologies (DELL) because of strong AI prospects, reinforcing the idea that Dell’s AI server backlog and revenue pipeline could keep driving growth. Dell Technologies in spotlight as Evercore ups price target on AI prospects
• Positive Sentiment: News flow around President Trump’s public endorsement of Dell has added momentum, with traders reacting to the additional visibility and “buy Dell” headlines on top of already strong AI enthusiasm. Dell Stock Jumps After Trump Urges Americans to ‘Buy Dell Computers’
• Positive Sentiment: Barchart highlighted Dell’s unusually strong technical trend and surging cash flow, pointing to 313% cash flow growth and a broadly bullish trading setup that may be supporting the stock. Dell Stock Has A-Plus Fundamentals as Cash Flow Surges 313%
• Neutral Sentiment: Several recent market and analyst notes show Dell remains one of the most watched AI infrastructure names, with strong buy ratings and elevated price targets, but some analysts still flag valuation concerns after the stock’s sharp run. Dell Shares Jump 230% This Year as Trump Tells Americans to “Buy Dell”
• Negative Sentiment: There are still overhangs from governance and insider-selling headlines, including a recent bylaw change that tightens shareholder proposal rules and a long pattern of insider sales, which could limit enthusiasm if investors turn more cautious. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?

Analyst Upgrades and Downgrades

Several research firms have commented on DELL. The Goldman Sachs Group upped their price objective on shares of Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a report on Monday, June 1st. Wells Fargo & Company raised their target price on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. William Blair assumed coverage on shares of Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating on the stock. Finally, Evercore restated an “outperform” rating on shares of Dell Technologies in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $492.76.

Dell Technologies Stock Up 3.5%

The stock has a fifty day moving average price of $340.27 and a two-hundred day moving average price of $212.59. The company has a market cap of $279.96 billion, a price-to-earnings ratio of 34.31, a P/E/G ratio of 0.88 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period last year, the firm earned $1.55 earnings per share. Dell Technologies’s revenue for the quarter was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Analysts predict that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Insider Buying and Selling

In other news, Director Lynn Vojvodich Radakovich sold 12,022 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $421.00, for a total transaction of $5,061,262.00. Following the sale, the director directly owned 25,267 shares of the company’s stock, valued at approximately $10,637,407. This represents a 32.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Spv-2 L.P. Sl sold 34,257 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $13,809,681.84. Following the completion of the transaction, the director owned 91,809 shares in the company, valued at $37,010,044.08. The trade was a 27.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,901,953 shares of company stock valued at $1,403,598,971 in the last quarter. Corporate insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Dell Technologies by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. State Street Corp boosted its position in shares of Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after acquiring an additional 265,740 shares in the last quarter. Bank of America Corp DE increased its stake in Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Geode Capital Management LLC raised its position in Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock valued at $939,808,000 after purchasing an additional 108,011 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

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.