Dell Technologies Inc. (NYSE:DELL – Get Free Report) was down 3.8% on Tuesday . The company traded as low as $431.01 and last traded at $440.54. Approximately 4,746,302 shares were traded during trading, a decline of 43% from the average session volume of 8,330,674 shares. The stock had previously closed at $457.88.
Dell Technologies News Summary
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Strong Lenovo results reinforced the AI-server demand outlook. Lenovo reported an AI server pipeline of approximately $54 billion, up 157%, suggesting continued spending on Nvidia-powered data-center infrastructure. Investors viewed the results as a positive read-through for Dell’s server business. Dell Rallies After Lenovo AI Server Pipeline Hits $54 Billion
- Positive Sentiment: Peer performance added to the momentum. Better-than-expected results and outlooks from Lenovo and Super Micro Computer, including Super Micro’s record backlog and robust AI-server guidance, lifted sentiment across the hardware sector and highlighted strong infrastructure demand. Super Micro Climbs on Record Backlog
- Positive Sentiment: Dell’s own operating momentum remains a key support. The company recently reported quarterly revenue of $43.84 billion, up 87.5% year over year, and earnings per share of $4.86 versus the $2.96 consensus estimate. Its reported server backlog and rapid AI-related growth are improving revenue visibility and encouraging analysts to expect another earnings beat. Will Dell Beat Estimates Again?
- Positive Sentiment: Technical momentum is attracting buyers. Coverage indicates DELL broke through important resistance and moved to a new all-time high, reinforcing bullish sentiment and potentially prompting additional momentum-focused buying. Did Dell Break Out?
- Neutral Sentiment: Dell is scheduled to report fiscal second-quarter 2027 results on September 3. The upcoming report could validate the AI-server growth narrative, but it also creates an event risk if results or guidance fall short of elevated expectations. Dell Earnings Scheduled for September 3
- Negative Sentiment: Some coverage cautions that rapid AI-server growth may compress margins, while reported insider activity has consisted predominantly of sales rather than purchases. These factors could limit upside or increase volatility after the stock’s substantial advance.
Wall Street Analyst Weigh In
Several brokerages recently commented on DELL. UBS Group set a $700.00 price objective on Dell Technologies in a research note on Friday, May 29th. Guggenheim upgraded Dell Technologies to a “buy” rating in a report on Monday, June 1st. Argus lifted their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Citic Securities boosted their price objective on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Finally, Royal Bank Of Canada began coverage on shares of Dell Technologies in a report on Friday, May 29th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has assigned 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 an average price target of $492.43.
Dell Technologies Trading Up 2.0%
The stock has a market cap of $320.29 billion, a price-to-earnings ratio of 39.08, a P/E/G ratio of 0.94 and a beta of 1.33. The company has a 50 day simple moving average of $418.45 and a 200-day simple moving average of $268.57.
Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the company earned $1.55 earnings per share. Dell Technologies’s quarterly 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. Equities analysts forecast that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.
Dell Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were issued a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is 20.02%.
Insider Buying and Selling at Dell Technologies
In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the sale, the director directly owned 89,222 shares of the company’s stock, valued at $40,465,745.88. The trade was a 40.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the transaction, the director owned 67,990 shares of the company’s stock, valued at approximately $30,836,184.60. This represents a 50.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. Company insiders own 41.50% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of DELL. Brighton Jones LLC boosted its holdings in shares of Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after buying an additional 901 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Dell Technologies during the second quarter worth $328,000. Marshall Wace LLP acquired a new stake in Dell Technologies in the second quarter valued at $809,000. Gamco Investors INC. ET AL grew its position in shares of Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after acquiring an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.
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.
Featured Articles
- Five stocks we like better than Dell Technologies
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Receive News & Ratings for Dell Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dell Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
