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

Wall Street Zen downgraded shares of Dell Technologies (NYSE:DELL) from a buy rating to a hold rating in a report issued on Saturday morning.

A number of other equities analysts also recently commented on DELL. Citigroup reduced their target price on shares of Dell Technologies from $175.00 to $165.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. Dbs Bank raised shares of Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. Barclays upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 price objective for the company in a research note on Thursday, January 15th. Evercore set a $180.00 target price on shares of Dell Technologies and gave the company an “outperform” rating in a research note on Monday, November 3rd. Finally, Daiwa Securities Group lifted their price target on shares of Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $161.26.

Dell Technologies Stock Up 4.1%

Shares of DELL stock opened at $117.46 on Friday. The firm has a market cap of $77.84 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 0.68 and a beta of 1.03. Dell Technologies has a 52-week low of $66.25 and a 52-week high of $168.08. The company’s 50 day moving average is $122.82 and its 200 day moving average is $132.58.

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

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.8%. Dell Technologies’s payout ratio is 28.00%.

Insider Activity

In other 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 completion of the transaction, the director directly owned 1,172,428 shares in the company, valued at $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 available through the SEC website. 42.00% of the stock is currently owned by insiders.

Institutional Trading of Dell Technologies

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. State Street Corp raised its position in Dell Technologies by 1.8% during the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after acquiring an additional 265,740 shares during the period. Geode Capital Management LLC lifted its holdings in Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock valued at $939,808,000 after purchasing an additional 108,011 shares in the last quarter. Boston Partners grew its position in shares of Dell Technologies by 15.0% in the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after purchasing an additional 771,966 shares during the period. Finally, Deutsche Bank AG increased its stake in shares of Dell Technologies by 24.6% during the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after purchasing an additional 1,090,336 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

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.