Dell Technologies (NYSE:DELL) Cut to “Buy” at Wall Street Zen

Wall Street Zen lowered shares of Dell Technologies (NYSE:DELL) from a strong-buy rating to a buy rating in a research note issued to investors on Sunday.

Several other equities research analysts have also issued reports on DELL. Raymond James Financial increased their price objective on shares of Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Zacks Research lowered Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Bank of America boosted their price objective on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Piper Sandler reiterated an “overweight” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Finally, Sanford C. Bernstein raised their target price on Dell Technologies from $175.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Sixteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $133.75 on Friday. The business has a 50-day moving average of $142.84 and a two-hundred day moving average of $132.82. The firm has a market capitalization of $89.93 billion, a PE ratio of 17.83, a P/E/G ratio of 0.87 and a beta of 1.03. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $168.08.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. During the same quarter in the previous year, the business earned $2.15 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. As a group, research analysts anticipate that Dell Technologies will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, January 20th. Dell Technologies’s dividend payout ratio is 28.00%.

Insiders Place Their Bets

In related news, Director Ellen Jamison Kullman sold 79,806 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $153.56, for a total value of $12,255,009.36. Following the sale, the director directly owned 65,662 shares of the company’s stock, valued at $10,083,056.72. This represents a 54.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of the firm’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $151.63, for a total transaction of $1,003,335.71. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 4,008,030 shares of company stock valued at $576,159,860. 42.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Dell Technologies

Institutional investors have recently made changes to their positions in the company. Lindenwold Advisors INC lifted its stake in Dell Technologies by 1.0% during the third quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock worth $1,302,000 after purchasing an additional 87 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Dell Technologies during the third quarter worth $273,000. Trust Investment Advisors lifted its position in shares of Dell Technologies by 1.2% in the 3rd quarter. Trust Investment Advisors now owns 13,439 shares of the technology company’s stock worth $1,905,000 after buying an additional 161 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Dell Technologies by 15.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 9,541 shares of the technology company’s stock valued at $1,353,000 after buying an additional 1,295 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Dell Technologies during the 3rd quarter valued at about $6,034,000. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).