Dell Technologies Inc. (NYSE:DELL – Get Free Report) shares were up 12.1% during mid-day trading on Wednesday. The company traded as high as $384.69 and last traded at $374.6740. 9,086,841 shares changed hands during trading, an increase of 11% from the average session volume of 8,210,934 shares. The stock had previously closed at $334.38.
Top Dell Technologies Stories
Investors following DELL have been watching these stories:
- Positive Sentiment: CoreWeave reported better-than-expected quarterly results, raised its revenue outlook and lifted the low end of its 2026 capital-spending range to $37 billion. Investors see the higher spending as supportive of Dell’s reported $95 billion AI-server backlog. Article
- Positive Sentiment: Dell and KIOXIA introduced a 157-petabyte, single-rack storage system, while Dell OEM Solutions launched an AMD-powered AI coding platform. The products target enterprises seeking denser storage and scalable AI computing. Article
- Neutral Sentiment: The latest rebound follows a steep decline in AI-server shares, and reports describe it as part of a broader technology-sector recovery. Whether the bounce lasts may depend on upcoming results and continued evidence of AI infrastructure spending. Article
Wall Street Analyst Weigh In
Several analysts have recently issued reports on DELL shares. Sanford C. Bernstein upped their price objective on Dell Technologies from $500.00 to $650.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Deutsche Bank assumed coverage on Dell Technologies in a research note on Thursday, September 3rd. They set a “hold” rating and a $480.00 target price on the stock. Truist Financial lifted their price objective on shares of Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a report on Wednesday, September 2nd. TD Cowen upped their target price on Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a report on Tuesday, September 29th. Finally, Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.
View Our Latest Report on DELL
Dell Technologies Stock Up 12.1%
The company’s 50 day moving average price is $500.18 and its 200 day moving average price is $338.68. The firm has a market capitalization of $238.22 billion, a price-to-earnings ratio of 21.75, a P/E/G ratio of 0.36 and a beta of 1.45.
Dell Technologies (NYSE:DELL – Get Free Report) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The firm’s revenue was up 57.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.70 EPS. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.
Dell Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.
Insider Buying and Selling at Dell Technologies
In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the business’s stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $460.00, for a total value of $930,120.00. Following the completion of the transaction, the director directly owned 25,686 shares of the company’s stock, valued at approximately $11,815,560. The trade was a 7.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the completion of the sale, the director owned 22,686 shares in the company, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,819,650 shares of company stock worth $991,183,596. Corporate insiders own 41.50% of the company’s stock.
Institutional Trading of Dell Technologies
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Noble Wealth Management PBC boosted its position in Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after purchasing an additional 25 shares in the last quarter. Cornerstone Financial Management LLC boosted its holdings in shares of Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares during the last quarter. Dogwood Wealth Management LLC grew its position in shares of Dell Technologies by 172.7% in the third quarter. Dogwood Wealth Management LLC now owns 60 shares of the technology company’s stock valued at $32,000 after purchasing an additional 38 shares in the last quarter. Premier Financial Group acquired a new stake in shares of Dell Technologies in the second quarter valued at approximately $34,000. Finally, NBH Bank purchased a new position in shares of Dell Technologies during the 3rd quarter worth $37,000. Institutional investors and hedge funds own 76.37% of the company’s stock.
Dell Technologies Company Profile
Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations. The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.
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