Dell Technologies (NYSE:DELL) Trading Up 3.7% – What’s Next?

Dell Technologies Inc. (NYSE:DELL)’s stock price rose 3.7% on Monday . The stock traded as high as $416.44 and last traded at $414.26. 8,359,763 shares changed hands during trading, a decline of 5% from the average daily volume of 8,789,092 shares. The stock had previously closed at $399.49.

Key Dell Technologies News

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

• Positive Sentiment: Investors are rotating into Dell as a perceived winner from the Super Micro Computer investigation, with several reports saying Dell could gain share as a cleaner AI server supplier. Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Positive Sentiment: Dell is also getting a boost from continued AI demand, including a new PowerStore Elite launch in India aimed at enterprise AI storage and lower cloud dependence. Dell launches AI-focused PowerStore Elite storage platform in India as enterprise AI infrastructure race heats up
• Positive Sentiment: Recent commentary remains constructive, with some analysts and media arguing Dell still has upside after its huge rally because AI server revenue continues to expand. Dell Stock Price Prediction: The Case for 20%+ Upside
• Neutral Sentiment: Dell completed its redomestication to Texas corporation status, a corporate structure update that is important administratively but unlikely to be a major near-term stock driver. Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: Some coverage warns that Dell’s AI boom is pressuring margins, with gross profit declining as lower-margin AI server sales make up a larger share of revenue. Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A recent director stock sale may add some caution after the stock’s sharp run-up, even though insider sales do not always signal deteriorating fundamentals. Dell Technologies Inc. (NYSE:DELL) – Get Free Report

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Daiwa Securities Group boosted their price objective on shares of Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Piper Sandler raised their target price on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Morgan Stanley lifted their price target on shares of Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 23rd. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $490.38.

Dell Technologies Stock Down 1.2%

The company’s 50 day simple moving average is $320.57 and its two-hundred day simple moving average is $202.85. The company has a market capitalization of $276.17 billion, a price-to-earnings ratio of 33.85, a P/E/G ratio of 0.89 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The business had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior 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. Analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

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

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 39,537 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $403.12, for a total transaction of $15,938,155.44. Following the transaction, the director owned 69,916 shares in the company, valued at approximately $28,184,537.92. This represents a 36.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of Dell Technologies stock in a transaction on Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The SEC filing for this sale provides additional information. Insiders have sold 3,901,953 shares of company stock worth $1,403,598,971 in the last 90 days. 41.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors have recently bought and sold shares of DELL. Norges Bank acquired a new stake in Dell Technologies during the fourth quarter worth about $607,349,000. Wellington Management Group LLP grew its stake in shares of 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 worth $426,129,000 after purchasing an additional 2,937,137 shares during the period. Invesco Ltd. increased its holdings in shares of Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after purchasing an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation boosted its holdings in 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 worth $337,652,000 after buying an additional 2,258,797 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in Dell Technologies by 541.9% during the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after buying an additional 1,685,529 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.