Dell Technologies (NYSE:DELL) Shares Up 3.8% on Analyst Upgrade

Dell Technologies Inc. (NYSE:DELL)’s stock price was up 3.8% during trading on Tuesday after Mizuho raised their price target on the stock from $600.00 to $650.00. Mizuho currently has an outperform rating on the stock. Dell Technologies traded as high as $587.19 and last traded at $573.3060. Approximately 5,378,061 shares traded hands during trading, a decline of 36% from the average session volume of 8,341,000 shares. The stock had previously closed at $552.29.

Other research analysts have also recently issued research reports about the stock. Evercore restated an “outperform” rating and set a $650.00 price objective on shares of Dell Technologies in a report on Wednesday, September 9th. UBS Group reissued an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Daiwa Securities Group raised their price objective on Dell Technologies from $465.00 to $625.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. The Goldman Sachs Group lifted their target price on Dell Technologies from $510.00 to $570.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Finally, Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $571.12.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 1,850 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the completion of the transaction, the director owned 1,405,236 shares of the company’s stock, valued at $770,631,422.40. This represents a 0.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Silver Lake Partners Iv, L.P. sold 7,994 shares of Dell Technologies stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $569.77, for a total transaction of $4,554,741.38. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,906,193 shares of company stock worth $994,871,197. 41.50% of the stock is currently owned by company insiders.

Dell Technologies News Roundup

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

• Positive Sentiment: Mizuho raised its price target from $600 to $650 and reiterated an “outperform” rating, implying additional upside and reinforcing bullish sentiment toward Dell’s AI growth prospects. Dell Technologies Stock Gets Price Target Bump from Mizuho
• Positive Sentiment: Dell’s AI-server momentum remains the central catalyst. A report highlights a roughly $95 billion backlog, record demand, improved profitability and sharply higher fiscal 2027 guidance, suggesting strong visibility for future revenue and earnings. DELL Jumps 32% in 3 Months
• Positive Sentiment: Dell upgraded its AI Data Platform with a knowledge graph for AI agents and faster Nvidia processing. The enhancements could improve Dell’s position as customers build increasingly complex AI data centers. Dell’s AI Data Platform gets a knowledge graph for agents
• Positive Sentiment: Dell, Jera and Rhaelm are collaborating on behind-the-meter AI infrastructure in Japan, potentially expanding Dell’s exposure to power-constrained data-center deployments. Jera, Dell Technologies, and Rhaelm team up in Japan
• Positive Sentiment: Dell was among the technology companies receiving the most analyst upgrades in September, with revised targets pointing to further potential upside. These 3 Stocks Got the Most Love From Analysts in September
• Neutral Sentiment: Coverage comparing Dell with Hewlett Packard Enterprise indicates that both companies are benefiting from AI data-center demand, although Dell is currently more directly tied to AI-server growth. Betting on AI Hardware: Is HPE or Dell the Better Way?
• Negative Sentiment: Some valuation caution remains: one reported average price target of $569.12 is slightly below the recent trading level, suggesting that parts of the analyst community see limited near-term upside after the stock’s substantial run. Dell Technologies Stock Has Average Target Price of $569.12

Institutional Investors Weigh In On Dell Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Collective Family Office LLC boosted its position in Dell Technologies by 1.5% in the 3rd quarter. Collective Family Office LLC now owns 1,299 shares of the technology company’s stock valued at $699,000 after buying an additional 19 shares during the period. Cornerstone Financial Management LLC increased its position in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after acquiring an additional 23 shares during the period. Noble Wealth Management PBC raised its stake in shares of Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock valued at $25,000 after acquiring an additional 25 shares in the last quarter. Triumph Capital Management boosted its holdings in shares of Dell Technologies by 2.3% in the second quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock valued at $606,000 after purchasing an additional 32 shares during the period. Finally, Rockland Trust Co. boosted its holdings in shares of Dell Technologies by 3.6% in the third quarter. Rockland Trust Co. now owns 1,018 shares of the technology company’s stock valued at $548,000 after purchasing an additional 35 shares during the period. 76.37% of the stock is owned by institutional investors.

Dell Technologies Stock Up 3.8%

The firm has a 50 day moving average of $493.23 and a 200-day moving average of $371.03. The company has a market cap of $364.51 billion, a P/E ratio of 33.27, a PEG ratio of 0.58 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s quarterly revenue was up 57.7% on a year-over-year basis. During the same period in the prior year, the business 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. On average, research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

About Dell Technologies

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.