Dell Technologies (NYSE:DELL) Trading Up 1.4% – Here’s Why

Dell Technologies Inc. (NYSE:DELL) shares rose 1.4% during mid-day trading on Tuesday . The stock traded as high as $426.56 and last traded at $417.39. Approximately 6,991,949 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 8,704,484 shares. The stock had previously closed at $411.80.

Key Dell Technologies News

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

• Positive Sentiment: Evercore ISI raised its price target on DELL to $500, reinforcing expectations that strong AI infrastructure demand can keep driving revenue and earnings growth. Why Is Dell Technologies Stock Surging Thursday?
• Positive Sentiment: News flow around Dell’s AI momentum and strong recent earnings has kept sentiment upbeat, with traders viewing the company as a beneficiary of the ongoing AI server buildout. Dell Gets Higher Target on AI Demand
• Positive Sentiment: Momentum trading and technical signals have also supported the stock, with reports of a “power inflow” and continued buying pressure. Dell Shares Rise 4% After Key Trading Signal
• Positive Sentiment: Broader market coverage has highlighted Dell as one of the AI-related winners, helping sustain investor interest in the shares. Stock Market Today: Dow Builds Gains Amid U.S.-Iran News; Arm, Dell Lead Upside (Live Coverage)
• Neutral Sentiment: Several filings showed sizable insider sales by Silver Lake-related directors, which may temper enthusiasm a bit, but do not by themselves change Dell’s operating outlook. SEC filing
• Negative Sentiment: Separately, Dell’s tighter shareholder proposal rules and the broader memory-chip supply crunch in the PC industry could be viewed as potential headwinds for governance sentiment and hardware margins. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?

Wall Street Analysts Forecast Growth

DELL has been the subject of a number of research reports. Morgan Stanley raised their price objective on Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 23rd. Wolfe Research downgraded Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research note on Friday, May 29th. UBS Group set a $700.00 price target on shares of Dell Technologies in a research report on Friday, May 29th. Loop Capital raised their target price on Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Susquehanna set a $289.00 price target on shares of Dell Technologies and gave the company a “neutral” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $492.76.

Dell Technologies Trading Up 4.2%

The stock’s fifty day moving average price is $344.59 and its 200 day moving average price is $214.76. The stock has a market cap of $291.78 billion, a P/E ratio of 35.77, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the company earned $1.55 EPS. The company’s revenue was up 87.5% on a year-over-year basis. 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. On average, analysts anticipate that Dell Technologies Inc. will post 17.74 earnings per share for the current year.

Dell Technologies Announces Dividend

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

Insider Activity

In other Dell Technologies news, COO Jeffrey W. Clarke sold 116,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the transaction, the chief operating officer owned 1,687,414 shares of the company’s stock, valued at $307,919,306.72. This represents a 6.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares of the company’s stock, valued at $11,123,203.13. The trade was a 88.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,055,405 shares of company stock worth $1,471,039,891 over the last ninety days. Company insiders own 41.50% 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. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies in the fourth quarter worth $25,000. Rossby Financial LCC lifted its holdings in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC bought a new stake in Dell Technologies in the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies during the fourth quarter valued at $29,000. Finally, WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% during the 2nd 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 last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

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.