Dell Technologies Inc. (NYSE:DELL – Get Free Report) shares shot up 9.9% during mid-day trading on Wednesday . The company traded as high as $484.74 and last traded at $484.49. 6,167,773 shares changed hands during trading, a decline of 26% from the average session volume of 8,316,934 shares. The stock had previously closed at $440.97.
Dell Technologies News Roundup
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: AI infrastructure demand remains the primary catalyst. Strong results and outlooks from Lenovo and Super Micro Computer reinforced expectations for continued hyperscaler spending on Nvidia-powered servers, supporting Dell’s AI infrastructure business. DELL Stock Climbs 4% in Thursday Pre-Market
- Positive Sentiment: Recent financial performance has been exceptionally strong. Dell reported quarterly revenue of $43.84 billion, up 87.5% year over year, and EPS of $4.86 versus the $2.96 consensus estimate. Its reported $43 billion backlog and expectations for accelerating AI-server demand are helping sustain bullish sentiment. Will Dell Beat Estimates Again?
- Positive Sentiment: Industry trends are favorable. Analysts and financial publications continue to identify Dell as a major beneficiary of enterprise AI analytics, data-center construction and the broader “AI factory” buildout. The company is scheduled to report its next quarterly results on September 3. Top Big Data Stocks Tapping the Surging Demand for AI Analytics
- Neutral Sentiment: Technical momentum is still notable. DELL recently broke through resistance and reached an all-time high of $514, while its 50-day and 200-day moving averages remain far below the current trading range. This indicates strong momentum but also an increasingly extended move.
- Negative Sentiment: Valuation and insider selling are growing concerns. With a market capitalization above $300 billion and a price-to-earnings ratio near 39, the stock’s strong AI outlook may already be substantially reflected in its price. Reported insider activity has consisted entirely of sales during the past six months, including transactions by senior executives and investment entities. Dell Technologies Stock Opinions on Market Strength
Analyst Ratings Changes
Several equities research analysts recently issued reports on DELL shares. TD Cowen lifted their price target on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. raised their target price on Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. UBS Group set a $700.00 target price on Dell Technologies in a research report on Friday, May 29th. Royal Bank Of Canada initiated coverage on Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating on the stock. Finally, Evercore reissued an “outperform” rating on shares of Dell Technologies in a report on Wednesday, July 8th. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $494.33.
Dell Technologies Price Performance
The company has a fifty day moving average of $419.91 and a two-hundred day moving average of $271.24. The stock has a market capitalization of $318.59 billion, a P/E ratio of 39.04, a price-to-earnings-growth ratio of 1.01 and a beta of 1.33.
Dell Technologies (NYSE:DELL – Get Free Report) last released its 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. The company had revenue of $43.84 billion for 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%.Dell Technologies’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same quarter last year, the business posted $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, equities research analysts predict that Dell Technologies Inc. will post 18.17 EPS for the current fiscal year.
Dell Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies’s payout ratio is presently 20.02%.
Insider Buying and Selling at Dell Technologies
In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the firm’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. This trade represents a 44.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares of the company’s stock, valued at $30,836,184.60. This trade represents a 50.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 over the last three months. 41.50% of the stock is currently owned by company insiders.
Institutional Trading of Dell Technologies
Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC increased its position in Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Dell Technologies during the second quarter worth about $328,000. Marshall Wace LLP acquired a new stake in shares of Dell Technologies in the 2nd quarter worth about $809,000. Gamco Investors INC. ET AL lifted its position in 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 purchasing an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after purchasing an additional 34,538 shares during the last quarter. 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.
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