Dell Technologies (NYSE:DELL) Shares Up 4.2% – Should You Buy?

Shares of Dell Technologies Inc. (NYSE:DELL) were up 4.2% on Thursday . The company traded as high as $460.50 and last traded at $450.2010. Approximately 7,604,075 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 8,706,596 shares. The stock had previously closed at $431.97.

Dell Technologies News Roundup

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

• Positive Sentiment: Evercore ISI raised its price target on DELL to $500, reinforcing expectations that strong AI infrastructure demand can keep driving revenue and earnings growth. Why Is Dell Technologies Stock Surging Thursday?
• Positive Sentiment: News flow around Dell’s AI momentum and strong recent earnings has kept sentiment upbeat, with traders viewing the company as a beneficiary of the ongoing AI server buildout. Dell Gets Higher Target on AI Demand
• Positive Sentiment: Momentum trading and technical signals have also supported the stock, with reports of a “power inflow” and continued buying pressure. Dell Shares Rise 4% After Key Trading Signal
• Positive Sentiment: Broader market coverage has highlighted Dell as one of the AI-related winners, helping sustain investor interest in the shares. Stock Market Today: Dow Builds Gains Amid U.S.-Iran News; Arm, Dell Lead Upside (Live Coverage)
• Neutral Sentiment: Several filings showed sizable insider sales by Silver Lake-related directors, which may temper enthusiasm a bit, but do not by themselves change Dell’s operating outlook. SEC filing
• Negative Sentiment: Separately, Dell’s tighter shareholder proposal rules and the broader memory-chip supply crunch in the PC industry could be viewed as potential headwinds for governance sentiment and hardware margins. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DELL. Wolfe Research lowered shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. The Goldman Sachs Group raised their price target on shares of Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. boosted their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Roth Capital started coverage on shares of Dell Technologies in a research note on Friday, May 29th. They set a “buy” rating for the company. Finally, Sanford C. Bernstein increased their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, May 29th. One research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $492.76.

Dell Technologies Stock Performance

The stock has a market cap of $291.78 billion, a PE ratio of 35.76, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31. The company’s 50-day moving average price is $344.59 and its 200 day moving average price is $214.76.

Dell Technologies (NYSE:DELL) last issued 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. The company had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, equities research analysts predict that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal 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 paid a $0.63 dividend. This represents a $2.52 annualized dividend 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%.

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This trade represents a 88.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 458,666 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $177.24, for a total transaction of $81,293,961.84. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 4,055,405 shares of company stock valued at $1,471,039,891. 41.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

Large investors have recently made changes to their positions in the stock. Ariadne Wealth Management LP raised its position in Dell Technologies by 1.6% in the first 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 boosted its position in shares of Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after buying an additional 52 shares during the period. Vectors Research Management LLC boosted its position in shares of Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock worth $2,404,000 after buying an additional 55 shares during the period. Raleigh Capital Management Inc. grew its stake in shares of Dell Technologies by 6.9% in the first 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 stake in shares of Dell Technologies by 2.9% in the first quarter. Equitable Trust Co. now owns 2,506 shares of the technology company’s stock valued at $411,000 after buying an additional 71 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

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.