Dell Technologies (NYSE:DELL) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Dell Technologies (NYSE:DELL) from a buy rating to a hold rating in a research report sent to investors on Saturday.

A number of other research firms have also weighed in on DELL. Morgan Stanley increased their target price on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a report on Wednesday, November 26th. Susquehanna increased their price objective on Dell Technologies from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Citigroup reissued a “buy” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Argus upped their target price on Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, November 17th. Eighteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $161.79.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $120.50 on Friday. Dell Technologies has a one year low of $66.25 and a one year high of $168.08. The stock has a market capitalization of $79.85 billion, a P/E ratio of 16.07, a price-to-earnings-growth ratio of 0.81 and a beta of 1.03. The business’s 50 day simple moving average is $128.28 and its two-hundred day simple moving average is $134.05.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.15 earnings per share. 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. Sell-side analysts expect that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 annualized dividend and a dividend yield of 1.7%. Dell Technologies’s dividend payout ratio (DPR) is 28.00%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the transaction, the director directly owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 42.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DELL. Winnow Wealth LLC bought a new stake in shares of Dell Technologies during the second quarter worth $25,000. Westside Investment Management Inc. raised its stake in shares of Dell Technologies by 84.7% in the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in Dell Technologies during the second quarter valued at $28,000. Johnson Financial Group Inc. raised its position in Dell Technologies by 66.2% during the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Finally, WealthCollab LLC lifted its stake in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

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.