Dell Technologies (NYSE:DELL) Updates FY 2027 Earnings Guidance

Dell Technologies (NYSE:DELLGet Free Report) issued an update on its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 25.500-25.500 for the period, compared to the consensus estimate of 18.720. The company issued revenue guidance of $192.0 billion-$192.0 billion, compared to the consensus revenue estimate of $173.9 billion. Dell Technologies also updated its Q3 2027 guidance to 6.500-6.500 EPS.

Wall Street Analysts Forecast Growth

DELL has been the subject of several research reports. Piper Sandler increased their price objective on shares of Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Melius Research set a $565.00 target price on Dell Technologies in a report on Friday, May 29th. Morgan Stanley boosted their target price on Dell Technologies from $430.00 to $434.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. Truist Financial increased their price target on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a report on Wednesday, August 12th. One equities research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $485.23.

Check Out Our Latest Stock Report on Dell Technologies

Dell Technologies Stock Performance

DELL stock traded down $33.47 during trading on Tuesday, hitting $422.54. 14,592,096 shares of the company’s stock traded hands, compared to its average volume of 8,103,475. Dell Technologies has a 52 week low of $110.22 and a 52 week high of $514.00. The stock has a market capitalization of $273.85 billion, a price-to-earnings ratio of 33.56, a P/E/G ratio of 0.95 and a beta of 1.33. The business has a fifty day simple moving average of $433.55 and a 200 day simple moving average of $299.86.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Insider Buying and Selling

In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the transaction, the director owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $438.21, for a total value of $886,060.62. Following the sale, the director owned 25,267 shares in the company, valued at $11,072,252.07. The trade was a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 2,332,712 shares of company stock valued at $954,404,039. 41.50% of the stock is currently owned by company insiders.

Key Stories Impacting Dell Technologies

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

Institutional Investors Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP grew its holdings in Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. boosted its position in shares of Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares during the period. Michael & Susan Dell Foundation grew its stake in shares of Dell Technologies by 533.3% during the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after buying an additional 2,258,797 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Dell Technologies by 628.5% during the second quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after buying an additional 1,185,454 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Dell Technologies by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 3,203,732 shares of the technology company’s stock worth $392,802,000 after buying an additional 867,071 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

(Get Free Report)

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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Earnings History and Estimates for Dell Technologies (NYSE:DELL)

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