Dell Technologies Inc. (NYSE:DELL – Get Free Report) shares shot up 4.3% on Monday . The stock traded as high as $429.74 and last traded at $411.37. Approximately 7,141,321 shares were traded during trading, a decline of 18% from the average daily volume of 8,725,507 shares. The stock had previously closed at $394.32.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: President Trump repeatedly highlighted Dell during the White House event, effectively giving the company free publicity and driving fresh retail/investor attention to DELL. Dell’s stock gets another Trump bump — but this time it’s fading
- Positive Sentiment: Market coverage says the stock jumped on Trump’s comments, with multiple outlets describing a sharp move higher as investors reacted to the public endorsement. Dell Stock Rises After Trump Comments
- Positive Sentiment: Dell also remains a beneficiary of the broader AI-server trade, with recent commentary pointing to strong demand, although supply constraints and margin pressure remain on investors’ radar. DELL Jumps 213% YTD: Is There More Room for the Stock to Appreciate?
Wall Street Analyst Weigh In
A number of brokerages have weighed in on DELL. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a report on Monday, June 1st. Bank of America boosted their target price on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a research report on Monday, June 1st. Finally, UBS Group set a $700.00 target price on shares of Dell Technologies in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $490.38.
Dell Technologies Stock Up 4.3%
The company has a market cap of $266.61 billion, a price-to-earnings ratio of 32.67, a PEG ratio of 0.84 and a beta of 1.31. The firm has a 50 day moving average price of $332.26 and a two-hundred day moving average price of $208.59.
Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the business posted $1.55 EPS. The business’s revenue was up 87.5% compared to the same quarter last year. 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s dividend payout ratio is 20.02%.
Insider Transactions at Dell Technologies
In other Dell Technologies news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the sale, the director directly owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 458,666 shares of Dell Technologies stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $177.24, for a total transaction of $81,293,961.84. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,901,953 shares of company stock valued at $1,403,598,971 in the last 90 days. 41.50% of the stock is currently owned by company insiders.
Institutional Trading of Dell Technologies
Large investors have recently bought and sold shares of the company. Neville Rodie & Shaw Inc. increased its stake in shares of Dell Technologies by 12.7% in the second quarter. Neville Rodie & Shaw Inc. now owns 12,405 shares of the technology company’s stock worth $5,352,000 after purchasing an additional 1,400 shares in the last quarter. Vigilare Wealth Management bought a new position in Dell Technologies in the 2nd quarter worth approximately $620,000. RDA Financial Network bought a new stake in Dell Technologies during the 2nd quarter valued at $227,000. Hilltop National Bank lifted its position in shares of Dell Technologies by 3.4% during the second quarter. Hilltop National Bank now owns 6,996 shares of the technology company’s stock worth $3,018,000 after acquiring an additional 228 shares in the last quarter. Finally, Eastern Bank boosted its holdings in shares of Dell Technologies by 3.0% in the second quarter. Eastern Bank now owns 4,494 shares of the technology company’s stock worth $1,939,000 after acquiring an additional 132 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.
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.
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