Dell Technologies Inc. (NYSE:DELL – Get Free Report)’s stock price shot up 1.4% on Tuesday . The stock traded as high as $426.56 and last traded at $417.39. Approximately 6,991,949 shares traded hands during trading, a decline of 20% from the average session volume of 8,704,484 shares. The stock had previously closed at $411.80.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: President Trump’s repeated public endorsement of Dell has been the main catalyst today, giving the stock a fresh momentum boost and drawing broad retail and media attention. Trump Wants You to ‘Go Out and Buy a Dell’ and the Endorsement Sends the Stock Soaring
- Positive Sentiment: Dell also remains a favored AI infrastructure play, with recent coverage pointing to strong demand for AI servers and the company’s continued inclusion on growth-stock lists. 5 Top-Ranked Growth Stocks to Buy for July After a Mixed June
- Neutral Sentiment: Investor interest in Dell is also elevated, as users have been heavily searching for the stock and its outlook after the recent rally. Investors Heavily Search Dell Technologies Inc. (DELL): Here is What You Need to Know
- Negative Sentiment: Some recent commentary suggests the move may be overextended, with analysts and market watchers flagging valuation concerns and potential supply or margin pressures that could limit upside from here. DELL Jumps 213% YTD: Is There More Room for the Stock to Appreciate?
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on DELL. Royal Bank Of Canada initiated coverage on shares of Dell Technologies in a report on Friday, May 29th. They issued an “outperform” rating on the stock. Citic Securities upped their target price on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Raymond James Financial cut Dell Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, May 29th. Citigroup initiated coverage on Dell Technologies in a report on Monday, June 1st. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. increased their price objective on Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $490.38.
Dell Technologies Stock Performance
The firm has a market capitalization of $270.51 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 0.84 and a beta of 1.31. The company’s fifty day moving average price is $336.24 and its two-hundred day moving average price is $210.55.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities analysts expect that Dell Technologies Inc. will post 17.74 earnings per share for the current year.
Dell Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.
Insiders Place Their Bets
In other news, Director Lake Group L.L.C. Silver sold 16,679 shares of the business’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $396.37, for a total transaction of $6,611,055.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 39,537 shares of the stock in a transaction dated 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 completion of the transaction, the director owned 69,916 shares of the company’s stock, valued at $28,184,537.92. This represents a 36.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,901,953 shares of company stock worth $1,403,598,971. 41.50% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Ariadne Wealth Management LP lifted its stake in shares of Dell Technologies by 1.6% in the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after purchasing an additional 49 shares during the period. Bell Investment Advisors Inc raised its holdings in Dell Technologies by 19.3% in the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after purchasing an additional 52 shares in the last quarter. Vectors Research Management LLC lifted its position in Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock valued at $2,404,000 after buying an additional 55 shares during the period. Raleigh Capital Management Inc. boosted its holdings in shares of Dell Technologies by 6.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock valued at $171,000 after buying an additional 67 shares in the last quarter. Finally, Equitable Trust Co. grew its position in shares of Dell Technologies by 2.9% in the 1st quarter. Equitable Trust Co. now owns 2,506 shares of the technology company’s stock worth $411,000 after buying an additional 71 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.
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