Dell Technologies Inc. (NYSE:DELL – Get Free Report)’s stock price rose 4.3% during trading on Monday . The company traded as high as $429.74 and last traded at $411.37. 7,141,321 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 8,725,507 shares. The stock had previously closed at $394.32.
Dell Technologies News Summary
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Evercore reportedly raised its price target on Dell, citing strong AI demand and noting that supply, not demand, is the main constraint on growth. Dell Technologies in spotlight as Evercore ups price target on AI prospects
- Positive Sentiment: Multiple market reports say Dell is benefiting from renewed attention around its AI server story, with traders reacting to strong first-quarter results, a large AI order backlog, and improved full-year guidance. Dell Gets Higher Target on AI Demand
- Positive Sentiment: Order-flow and technical traders are also pointing to bullish signals, including a “Power Inflow” alert and strong momentum after the stock’s recent breakout. Dell Shares Rise 4% After Key Trading Signal
- Neutral Sentiment: Raymond James said the financial impact of Dell ending its Enterprise Computing Distribution agreement with Arrow Electronics is likely immaterial, suggesting this is not a major earnings headwind. Raymond James says Dell Technologies Inc. Termination Earnings effect on Arrow likely immaterial
- Neutral Sentiment: One news item notes that Dell is drawing unusually heavy investor attention and search interest, reflecting broad market focus rather than a fresh fundamental change. Dell Technologies Wins Political And AI Attention
- Negative Sentiment: There is also growing scrutiny over Trump’s public promotion of Dell, with ethics concerns raised by critics; while this has boosted visibility, it could create headline risk. Trump’s Dell Shout-Out Sparks Ethics Firestorm
Wall Street Analyst Weigh In
DELL has been the topic of a number of research analyst reports. Evercore reissued an “outperform” rating on shares of Dell Technologies in a research note on Wednesday. Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a report on Monday, June 1st. Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Piper Sandler upped their price target on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Argus lifted their price target on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $492.76.
Dell Technologies Stock Up 3.5%
The company has a market capitalization of $279.96 billion, a PE ratio of 34.31, a P/E/G ratio of 0.88 and a beta of 1.31. The firm’s 50 day simple moving average is $340.27 and its 200-day simple moving average is $212.59.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.55 EPS. 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. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.
Dell Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given 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 yield of 0.6%. Dell Technologies’s payout ratio is 20.02%.
Insider Buying and Selling
In other news, Director Lynn Vojvodich Radakovich sold 12,022 shares of Dell Technologies stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $421.00, for a total transaction of $5,061,262.00. Following the sale, the director owned 25,267 shares in the company, valued at $10,637,407. This trade represents a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $396.37, for a total transaction of $6,611,055.23. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,901,953 shares of company stock valued at $1,403,598,971 over the last three months. Company insiders own 41.50% of the company’s stock.
Institutional Trading of Dell Technologies
Several large investors have recently modified their holdings of DELL. Campbell Capital Management Inc. raised its holdings in Dell Technologies by 34.0% in the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after acquiring an additional 20,362 shares in the last quarter. ProShare Advisors LLC grew its holdings in Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after acquiring an additional 7,642 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in Dell Technologies during the 4th quarter worth $23,332,000. Tectonic Advisors LLC bought a new stake in shares of Dell Technologies in the 4th quarter worth about $5,620,000. Finally, Nordea Investment Management AB raised its stake in shares of Dell Technologies by 437.4% in the 4th quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company’s stock valued at $98,578,000 after purchasing an additional 631,315 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.
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.
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