Dell Technologies (NYSE:DELL) Shares Up 3.9% – Should You Buy?

Dell Technologies Inc. (NYSE:DELL)’s stock price shot up 3.9% during trading on Tuesday. The company traded as high as $418.17 and last traded at $408.1840. 4,462,783 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 8,173,898 shares. The stock had previously closed at $392.78.

More Dell Technologies News

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

• Positive Sentiment: A Zacks article identifies Dell as a Strong Buy, citing demand for AI infrastructure and semiconductors. Another analysis argues that the selloff has eased valuation concerns despite expectations for solid growth. Zacks article Barchart analysis
• Positive Sentiment: Dell’s AI server backlog and expanded cybersecurity offerings for AI workloads could strengthen its role in enterprise AI infrastructure, supporting the longer-term growth case. Yahoo Finance article
• Negative Sentiment: The post-midterm selloff in AI hardware continued, with Dell among the steeply declining server stocks. Reports point to investor concern that a new political landscape and local resistance could slow data-center projects; UBS estimates that nearly a third of planned U.S. capacity for 2028 could be delayed if construction pauses spread. The Motley Fool article
• Negative Sentiment: Broader weakness in chip and tech stocks added pressure. Coverage cited memory-shortage concerns and disappointing outlooks elsewhere in the semiconductor industry, though those issues were not specifically tied to data-center demand. TIKR article

Wall Street Analysts Forecast Growth

DELL has been the subject of several research analyst reports. Royal Bank Of Canada assumed coverage on Dell Technologies in a report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price target for the company. Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. Truist Financial upped their price objective on Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a report on Wednesday, September 2nd. Bank of America increased their target price on Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Finally, Barclays lowered shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $603.00 to $574.00 in a report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Trading Down 15.2%

The firm’s 50-day moving average price is $507.68 and its 200-day moving average price is $335.34. The stock has a market capitalization of $200.81 billion, a PE ratio of 21.46, a PEG ratio of 0.39 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter last year, the business posted $1.70 earnings per share. The firm’s revenue was up 57.7% on a year-over-year basis. 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, equities research analysts predict that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.8%. Dell Technologies’s payout ratio is currently 14.63%.

Insider Activity at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 44,408 shares of the firm’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $25,858,778.40. Following the completion of the sale, the director directly owned 43,740 shares in the company, valued at $25,469,802. This trade represents a 50.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Egon Durban sold 1,850 shares of Dell Technologies stock in a transaction 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 transaction, the director directly owned 1,405,236 shares of the company’s stock, valued at $770,631,422.40. The trade was a 0.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,819,650 shares of company stock worth $991,183,596 in the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Institutional investors have recently made changes to their positions in the company. Plato Investment Management Ltd purchased a new position in Dell Technologies in the 2nd quarter worth $5,913,000. Kercheville Advisors LLC lifted its position in Dell Technologies by 13.6% during the 3rd quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock worth $10,113,000 after acquiring an additional 2,250 shares during the period. Gabelli Funds LLC lifted its position in Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after acquiring an additional 15,150 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in Dell Technologies during the 1st quarter valued at about $5,930,000. Finally, Jackson Square Capital LLC grew its stake in Dell Technologies by 15.1% during the 3rd quarter. Jackson Square Capital LLC now owns 17,115 shares of the technology company’s stock valued at $9,207,000 after purchasing an additional 2,243 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.