Dell Technologies (NYSE:DELL) Trading 7.1% Higher – Should You Buy?

Dell Technologies Inc. (NYSE:DELL) shares shot up 7.1% during trading on Tuesday . The stock traded as high as $463.48 and last traded at $457.6390. Approximately 7,014,704 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 8,638,254 shares. The stock had previously closed at $427.11.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Recent coverage says Dell is “winning the AI infrastructure race,” with demand for AI-optimized servers continuing to exceed expectations and supporting the stock’s rally. Dell Is Winning the AI Infrastructure Race. Here’s What Comes Next After a 250% YTD Rally.
• Positive Sentiment: Another update noted that weak PC shipments are being offset by strength in Dell’s AI infrastructure segment, helping traders stay bullish on the name. PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher
• Positive Sentiment: Analyst commentary remains constructive, highlighting Dell’s solid interest coverage and growth prospects despite higher borrowing costs. DELL & 3 More Stocks With Strong Interest Coverage to Buy Now
• Neutral Sentiment: Market chatter is also focused on how much more upside remains after Dell’s huge year-to-date run, suggesting valuation debate is increasing as the stock stays elevated. Missed DELL’s 248% Run? IGPT Quietly Turned $10K Into $16,600
• Negative Sentiment: Three insiders tied to Silver Lake sold large blocks of Dell shares near recent highs, which can pressure sentiment because it raises questions about insider confidence. SEC filing for Silver Lake Partners Iv, L.P. sale
• Negative Sentiment: One trading update said Dell underperformed the broader market in the latest session, consistent with some profit-taking after the stock’s steep advance. Dell Technologies Registers a Bigger Fall Than the Market

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DELL shares. Citic Securities raised their price objective on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Wells Fargo & Company lifted their price objective on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Truist Financial increased their target price on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Finally, Susquehanna set a $289.00 price target on shares of Dell Technologies and gave the stock a “neutral” rating in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $492.76.

Dell Technologies Stock Performance

The stock has a fifty day moving average of $358.44 and a 200-day moving average of $221.33. The company has a market cap of $296.60 billion, a PE ratio of 36.35, a PEG ratio of 0.93 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same quarter last year, the firm posted $1.55 earnings per share. The business’s revenue was up 87.5% compared to the same quarter last year. 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 analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 59,492 shares of Dell Technologies stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the completion of the sale, the director owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. The trade was a 40.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $396.37, for a total value of $6,611,055.23. The disclosure for this sale is available in the SEC filing. Insiders sold 4,391,424 shares of company stock valued at $1,618,873,745 in the last quarter. Corporate insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Campbell Capital Management Inc. increased its holdings in shares of Dell Technologies by 34.0% in the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after acquiring an additional 20,362 shares during the period. ProShare Advisors LLC lifted its stake in shares of Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after purchasing an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Dell Technologies during the fourth quarter valued at about $23,332,000. Tectonic Advisors LLC bought a new stake in Dell Technologies during the fourth quarter valued at about $5,620,000. Finally, Nordea Investment Management AB grew its stake in Dell Technologies by 437.4% in the fourth quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company’s stock valued at $98,578,000 after purchasing an additional 631,315 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

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.