Dell Technologies (NYSE:DELL) Shares Up 1.4% – What’s Next?

Dell Technologies Inc. (NYSE:DELL) traded up 1.4% during mid-day trading on Tuesday. The stock traded as high as $467.79 and last traded at $461.6450. Approximately 5,030,472 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 8,289,193 shares. The stock had previously closed at $455.44.

Dell Technologies News Roundup

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

• Positive Sentiment: Super Micro’s stronger outlook lifted the AI-server group. Super Micro Computer raised its quarterly revenue forecast by approximately $4 billion at the midpoint and increased its gross-margin outlook, signaling robust enterprise demand for AI systems. The update boosted confidence that Dell could also benefit from continued AI infrastructure spending. Why Dell stock is trading up today
• Positive Sentiment: Dell expanded its AI Factory partnership with NVIDIA. New offerings span deskside agentic-AI solutions, workstations, data-center infrastructure and software, helping customers move AI projects from testing into production. Dell said its AI Factory customer base has grown to more than 6,500, up from 5,000 in the prior quarter. Dell advances enterprise agentic AI with NVIDIA
• Positive Sentiment: NVIDIA’s modular AI-factory initiative further supports Dell’s opportunity. Dell is among the ecosystem partners for NVIDIA’s DSX POD reference design, which aims to shorten AI infrastructure deployment timelines from months to weeks. NVIDIA introduces DSX POD AI factories
• Positive Sentiment: Dell reportedly raised its dividend by 20% for a fourth consecutive year, adding to shareholder-return support. Dell raises its dividend

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Cantor Fitzgerald initiated coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They set an “overweight” rating for the company. Deutsche Bank Aktiengesellschaft started coverage on Dell Technologies in a research report on Thursday, September 3rd. They set a “hold” rating and a $480.00 target price on the stock. Bank of America boosted their price target on Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a research note on Monday, August 31st. JPMorgan Chase & Co. upped their price target on Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Finally, Sanford C. Bernstein raised their price objective on Dell Technologies from $500.00 to $650.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Trading Up 5.4%

The stock has a market cap of $309.19 billion, a P/E ratio of 28.22, a price-to-earnings-growth ratio of 0.48 and a beta of 1.37. The company’s fifty day simple moving average is $514.95 and its 200-day simple moving average is $401.21.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same period last year, the firm earned $1.70 EPS. The firm’s revenue for the quarter was up 57.7% compared to the same quarter last year. 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, analysts expect that Dell Technologies Inc. will post 25.13 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, October 30th. Investors of record on Tuesday, October 20th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,817,628 shares of company stock valued at $990,253,476. Corporate insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Several institutional investors have recently bought and sold shares of DELL. Root Financial Partners LLC lifted its holdings in Dell Technologies by 26.0% in the third quarter. Root Financial Partners LLC now owns 1,037 shares of the technology company’s stock valued at $558,000 after buying an additional 214 shares during the period. Precedent Wealth Partners LLC bought a new position in Dell Technologies in the third quarter valued at approximately $355,000. E. Ohman J or Asset Management AB grew its holdings in Dell Technologies by 5.8% during the 3rd quarter. E. Ohman J or Asset Management AB now owns 10,900 shares of the technology company’s stock worth $5,864,000 after acquiring an additional 600 shares during the period. Reyes Financial Architecture Inc. acquired a new stake in Dell Technologies during the 3rd quarter worth $77,000. Finally, Smith Chas P & Associates PA Cpas bought a new stake in shares of Dell Technologies during the 3rd quarter valued at $249,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.