Dell Technologies (NYSE:DELL) Shares Up 3.9% – Still a Buy?

Shares of Dell Technologies Inc. (NYSE:DELL) traded up 3.9% during trading on Tuesday. The company traded as high as $418.17 and last traded at $408.1840. Approximately 4,462,783 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 8,173,898 shares. The stock had previously closed at $392.78.

Dell Technologies News Roundup

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

• Positive Sentiment: AI-server stocks bounced back after a steep decline, lifting Dell and peers. The sector recovery may have supported the stock, though recent losses remain a concern. Article: AI server stocks bounce
• Positive Sentiment: Dell and CrowdStrike announced integrated security for Dell AI Factory systems using NVIDIA technology. Dell also unveiled additional cybersecurity and resilience features for AI environments, broadening its AI infrastructure offering. Article: CrowdStrike and Dell AI security announcement Article: Dell AI cybersecurity tools
• Positive Sentiment: One market commentary ranked Dell among its top 10 inexpensive stocks heading into 2027, citing a valuation of about 13 times forward earnings. Another highlighted a reported $95 billion backlog and an analyst’s substantial upside estimate; these are supportive views, not guarantees. Article: Dell as a cheap AI stock Article: Analyst outlook and backlog
• Negative Sentiment: A report noted Dell’s inventory has nearly tripled year over year, raising questions about chip supply, demand and the risk of excess inventory. It also described pressure on PC demand tied to higher memory prices and tight supply. Article: Dell inventory and chip supply
• Negative Sentiment: A technical trading article pointed to Dell’s recent weakness and discussed a bearish options strategy if the decline continues, reflecting lingering downside concerns. Article: Bearish options strategy

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Cantor Fitzgerald began coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating for the company. KeyCorp reissued a “sector weight” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Mizuho boosted their price target on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 6th. Melius Research increased their price objective on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Daiwa Securities Group raised their price objective on Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Dell Technologies Stock Up 3.9%

The business’s 50 day simple moving average is $512.74 and its 200 day simple moving average is $331.65. The stock has a market cap of $259.53 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 0.51 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same period last year, the firm posted $1.70 earnings per share. The business’s revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Equities research analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the sale, the director owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the transaction, the director owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP raised its stake in shares of Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after acquiring an additional 1,474,347 shares during the period. Bank of America Corp DE boosted its holdings in Dell Technologies by 7.6% during the 1st 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 period. Robeco Institutional Asset Management B.V. grew its position in Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock valued at $350,288,000 after acquiring an additional 337,836 shares in the last quarter. Renaissance Technologies LLC increased its stake in Dell Technologies by 70.2% during the first quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock worth $118,432,000 after purchasing an additional 297,500 shares during the period. Finally, Quantinno Capital Management LP increased its stake in Dell Technologies by 73.4% during the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock worth $71,946,000 after buying an additional 185,527 shares during the period. 76.37% of the stock is owned by institutional investors.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.