Dell Technologies (NYSE:DELL) Trading 4% Higher – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL) shares shot up 4% during mid-day trading on Tuesday . The stock traded as high as $433.50 and last traded at $431.24. Approximately 6,697,673 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 8,775,756 shares. The stock had previously closed at $414.61.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell is being viewed as a likely winner from Super Micro’s legal and operational troubles, which may shift AI server demand toward Dell. Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Positive Sentiment: Coverage highlighting Dell as a top AI infrastructure play and a beneficiary of growing enterprise AI spending is supporting the stock’s momentum. Dell launches AI-focused PowerStore Elite storage platform in India as enterprise AI infrastructure race heats up
• Positive Sentiment: A fresh bullish price-target article argues Dell still has meaningful upside after its huge rally, reinforcing investor optimism around continued AI-driven growth. Dell Stock Price Prediction: The Case for 20%+ Upside
• Neutral Sentiment: Dell’s recent $3 billion senior notes plan is consistent with funding growth and capital needs, but it does not appear to be a major stock-specific catalyst on its own. Dell (DELL) Raises Money As Its AI Opportunity Gets Bigger And Bigger
• Negative Sentiment: Some analysts are cautioning that Dell’s strong run may leave the stock expensive, with valuation and competition risks limiting near-term upside. Dell Technologies (DELL) Faces Valuation and Competition Concerns After Strong Rally

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DELL. Argus lifted their price objective on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Morgan Stanley increased their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Roth Mkm initiated coverage on shares of Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating for the company. Guggenheim raised shares of Dell Technologies to a “buy” rating in a research note on Monday, June 1st. Finally, Weiss Ratings upgraded shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $490.38.

Dell Technologies Stock Performance

The business has a fifty day moving average of $315.88 and a 200-day moving average of $200.80. The company has a market capitalization of $279.49 billion, a P/E ratio of 34.25, a PEG ratio of 0.85 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter in the prior year, the company posted $1.55 earnings per share. The business’s revenue was up 87.5% on a year-over-year basis. 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. Sell-side analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued 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 is currently 20.02%.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the transaction, the director owned 24,287 shares in the company, valued at $11,123,203.13. This trade represents a 88.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 shares were sold at an average price of $177.24, for a total value of $81,293,961.84. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,901,953 shares of company stock worth $1,403,598,971 in the last quarter. 41.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Dell Technologies

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Dell Technologies by 4.5% in the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after acquiring an additional 1,355,841 shares in the last quarter. State Street Corp increased its holdings in Dell Technologies by 1.8% in the 4th 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 last quarter. Bank of America Corp DE increased its stake in shares of Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after purchasing an additional 1,011,101 shares in the last quarter. Geode Capital Management LLC raised its holdings in Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock valued at $939,808,000 after acquiring an additional 108,011 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after purchasing an additional 2,445,854 shares during the period. 76.37% of the stock is owned by 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.