Dell Technologies (NYSE:DELL) Stock Price Up 3.2% – Time to Buy?

Dell Technologies Inc. (NYSE:DELL)’s stock price shot up 3.2% during trading on Monday . The stock traded as high as $415.91 and last traded at $408.33. 6,993,974 shares were traded during trading, a decline of 20% from the average session volume of 8,770,638 shares. The stock had previously closed at $395.57.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell Federal Systems won a $1.44 billion U.S. Air Force contract, reinforcing the company’s growing government business and adding to optimism around enterprise demand. Dell Wins $1.44B Microsoft License Deal
• Positive Sentiment: Multiple reports pointed to surging AI server demand and said Dell may still be undervalued relative to its AI opportunity, supporting the bull case for continued growth. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand
• Positive Sentiment: Analysts and market commentary remained constructive, with several pieces noting Dell’s strong earnings, rising forecasts, and Buy ratings, which can support the stock’s upward trend. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive
• Positive Sentiment: Recent media attention also framed Dell as a trending momentum name, keeping trader interest elevated after its sharp rally this year. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Dell declared a quarterly dividend of $0.63 per share, which is supportive for income investors but unlikely to be a major near-term stock driver. Dell Technologies Declares Quarterly Cash Dividend
• Neutral Sentiment: Dell completed a $3 billion senior notes offering, which improves capital flexibility but also adds leverage, making the impact mixed. Dell Technologies Completes $3 Billion Senior Notes Offering
• Negative Sentiment: Several insiders and Silver Lake-related directors sold shares recently, which can pressure sentiment even if the sales were preplanned or routine. SEC filing: Silver Lake Partners sale
• Negative Sentiment: One report warned that a memory crunch could disrupt server supply chains, a potential headwind for Dell’s AI and enterprise hardware shipments. Dell, HPE server supply upended by memory crunch

Analyst Ratings Changes

Several brokerages have recently commented on DELL. Guggenheim raised shares of Dell Technologies to a “buy” rating in a research note on Monday, June 1st. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Truist Financial raised their price objective on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a report on Friday, May 29th. Finally, Wolfe Research lowered shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $475.76.

Dell Technologies Price Performance

The stock’s 50 day simple moving average is $278.85 and its two-hundred day simple moving average is $185.11. The firm has a market cap of $271.28 billion, a P/E ratio of 33.37, a P/E/G ratio of 0.87 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter last year, the firm earned $1.55 earnings per share. The business’s revenue for the quarter 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. Equities research analysts anticipate that Dell Technologies Inc. will post 17.6 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is 20.02%.

Insider Activity at Dell Technologies

In related news, Director David W. Dorman sold 41,292 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $405.89, for a total value of $16,760,009.88. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $8,100,696.40. Following the completion of the sale, the director owned 50,381 shares in the company, valued at $20,309,588.72. This represents a 28.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,927,857 shares of company stock valued at $1,564,803,326 over the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in DELL. Vanguard Group Inc. boosted its stake in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after acquiring an additional 1,355,841 shares during the last quarter. State Street Corp boosted its stake in shares of Dell Technologies by 1.8% during 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 boosted its stake in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 worth $939,808,000 after acquiring an additional 108,011 shares during the last quarter. Finally, Invesco Ltd. boosted 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 worth $919,051,000 after acquiring an additional 2,445,854 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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.