Dell Technologies Inc. (NYSE:DELL) Receives $162.84 Average PT from Brokerages

Shares of Dell Technologies Inc. (NYSE:DELL) have received an average rating of “Moderate Buy” from the twenty-five research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $162.8421.

Several research analysts have recently weighed in on the stock. Bank of America increased their price objective on shares of Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. JPMorgan Chase & Co. boosted their target price on shares of Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, November 17th. Evercore ISI set a $180.00 price target on shares of Dell Technologies and gave the stock an “outperform” rating in a research note on Monday, November 3rd. UBS Group decreased their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Finally, Citic Securities boosted their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, November 28th.

Insider Buying and Selling

In related news, Director Lake Group L.L.C. Silver sold 6,617 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total transaction of $1,003,335.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William D. Green sold 42,736 shares of Dell Technologies stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $160.00, for a total transaction of $6,837,760.00. Following the transaction, the director directly owned 47,619 shares in the company, valued at approximately $7,619,040. This trade represents a 47.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 700,158 shares of company stock worth $110,642,464. Corporate insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Winnow Wealth LLC acquired a new position in shares of Dell Technologies during the second quarter worth $25,000. Flaharty Asset Management LLC purchased a new stake in Dell Technologies during the 1st quarter worth $27,000. Westside Investment Management Inc. lifted its holdings in Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after buying an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in Dell Technologies in the 2nd quarter worth $28,000. Finally, Central Pacific Bank Trust Division purchased a new position in Dell Technologies in the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Down 2.9%

Shares of Dell Technologies stock opened at $124.05 on Friday. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The business’s fifty day moving average is $135.36 and its two-hundred day moving average is $134.19. The firm has a market cap of $82.21 billion, a PE ratio of 16.54, a P/E/G ratio of 0.85 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same period in the prior year, the firm posted $2.15 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. Equities research analysts anticipate that Dell Technologies will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s payout ratio is 28.00%.

About Dell Technologies

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.