Dell Technologies (NYSE:DELL) Shares Up 3.8% After Analyst Upgrade

Dell Technologies Inc. (NYSE:DELL) traded up 3.8% during mid-day trading on Tuesday after Mizuho raised their price target on the stock from $600.00 to $650.00. Mizuho currently has an outperform rating on the stock. Dell Technologies traded as high as $587.19 and last traded at $573.3060. Approximately 5,378,061 shares changed hands during trading, a decline of 36% from the average session volume of 8,341,000 shares. The stock had previously closed at $552.29.

A number of other equities research analysts have also recently weighed in on DELL. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. UBS Group reiterated an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Barclays increased their price target on shares of Dell Technologies from $550.00 to $603.00 and gave the company an “overweight” rating in a research report on Wednesday, September 2nd. TD Cowen lifted their price objective on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a research report on Tuesday, September 29th. Finally, Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price on the stock in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $571.12.

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director directly owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the sale, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,906,193 shares of company stock valued at $994,871,197 in the last quarter. Company insiders own 41.50% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: Mizuho raised its price target from $600 to $650 and reiterated an “outperform” rating, implying additional upside and reinforcing bullish sentiment toward Dell’s AI growth prospects. Dell Technologies Stock Gets Price Target Bump from Mizuho
• Positive Sentiment: Dell’s AI-server momentum remains the central catalyst. A report highlights a roughly $95 billion backlog, record demand, improved profitability and sharply higher fiscal 2027 guidance, suggesting strong visibility for future revenue and earnings. DELL Jumps 32% in 3 Months
• Positive Sentiment: Dell upgraded its AI Data Platform with a knowledge graph for AI agents and faster Nvidia processing. The enhancements could improve Dell’s position as customers build increasingly complex AI data centers. Dell’s AI Data Platform gets a knowledge graph for agents
• Positive Sentiment: Dell, Jera and Rhaelm are collaborating on behind-the-meter AI infrastructure in Japan, potentially expanding Dell’s exposure to power-constrained data-center deployments. Jera, Dell Technologies, and Rhaelm team up in Japan
• Positive Sentiment: Dell was among the technology companies receiving the most analyst upgrades in September, with revised targets pointing to further potential upside. These 3 Stocks Got the Most Love From Analysts in September
• Neutral Sentiment: Coverage comparing Dell with Hewlett Packard Enterprise indicates that both companies are benefiting from AI data-center demand, although Dell is currently more directly tied to AI-server growth. Betting on AI Hardware: Is HPE or Dell the Better Way?
• Negative Sentiment: Some valuation caution remains: one reported average price target of $569.12 is slightly below the recent trading level, suggesting that parts of the analyst community see limited near-term upside after the stock’s substantial run. Dell Technologies Stock Has Average Target Price of $569.12

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Collective Family Office LLC boosted its holdings in shares of Dell Technologies by 1.5% during the 3rd quarter. Collective Family Office LLC now owns 1,299 shares of the technology company’s stock worth $699,000 after purchasing an additional 19 shares during the last quarter. Cornerstone Financial Management LLC boosted its stake in Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares during the last quarter. Noble Wealth Management PBC boosted its stake in Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares during the last quarter. Triumph Capital Management increased its stake in shares of Dell Technologies by 2.3% in the 2nd quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock worth $606,000 after acquiring an additional 32 shares during the last quarter. Finally, Rockland Trust Co. raised its holdings in shares of Dell Technologies by 3.6% during the 3rd quarter. Rockland Trust Co. now owns 1,018 shares of the technology company’s stock worth $548,000 after acquiring an additional 35 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

The firm’s 50-day moving average price is $493.23 and its two-hundred day moving average price is $371.03. The stock has a market cap of $364.51 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 0.58 and a beta of 1.37.

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

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is 14.63%.

Dell Technologies Company Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.