Shares of Dell Technologies Inc. (NYSE:DELL – Get Free Report) were down 5.7% during mid-day trading on Wednesday . The company traded as low as $364.17 and last traded at $369.63. Approximately 6,246,028 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 8,500,375 shares. The stock had previously closed at $392.10.
Dell Technologies News Summary
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Analysts’ consensus price target implies approximately 25.2% upside for Dell Technologies (DELL). While price targets are not always reliable, the article notes that upward revisions to earnings estimates provide a more constructive signal. Wall Street Analysts Think Dell Technologies Could Surge
- Positive Sentiment: DELL has benefited from a broader rebound in AI infrastructure stocks after strong cloud-industry results reinforced expectations for sustained AI and data-center investment. Dell’s own recent results showed exceptionally strong server and networking growth, and management expects roughly $60 billion in fiscal 2027 AI-server revenue. A reported AI and high-performance-computing platform win with Texas A&M Engineering Experiment Station adds to evidence of institutional demand. Dell Jumps as AI Infrastructure Trade Rebounds
- Positive Sentiment: Recent quarterly performance remains a key support: Dell reported EPS of $4.86 versus a $2.96 consensus estimate and revenue of $43.84 billion versus expectations of $35.74 billion. Revenue increased 87.5% year over year, while the company issued fiscal 2027 EPS guidance of $17.90.
- Neutral Sentiment: Investor attention toward DELL has increased significantly, but the attention itself does not establish a fundamental change in the company’s outlook. Dell Technologies Is Attracting Investor Attention
- Negative Sentiment: Reported insider activity is heavily weighted toward selling, including sales by executives and large shareholders, with no purchases listed over the past six months. This may raise caution about valuation, although sales can also reflect portfolio diversification or scheduled transactions.
Analyst Upgrades and Downgrades
DELL has been the topic of several research reports. Sanford C. Bernstein upped their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Piper Sandler increased their target price on Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. HSBC raised Dell Technologies to a “buy” rating in a report on Friday, May 29th. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating on the stock. Finally, Argus lifted their price objective on shares of Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. One 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $494.67.
Dell Technologies Trading Up 0.6%
The firm’s 50-day moving average price is $402.83 and its 200 day moving average price is $247.57. The company has a market capitalization of $264.02 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 0.79 and a beta of 1.31.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. 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 anticipate that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.
Insider Buying and Selling
In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the sale, the director owned 36,659 shares in the company, valued at $16,789,455.41. The trade was a 82.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the transaction, the director owned 24,287 shares of the company’s stock, valued at $11,123,203.13. This represents a 88.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Dell Technologies
Several hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Dell Technologies in the fourth quarter worth $607,349,000. Wellington Management Group LLP increased its position 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 period. Invesco Ltd. lifted its holdings in Dell Technologies by 50.4% in 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 lifted its stake in shares of Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after purchasing an additional 2,258,797 shares during the period. Finally, Vanguard Group Inc. grew its stake in Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the period. 76.37% of the stock is currently 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.
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