Dell Technologies (NYSE:DELL) Trading Up 5.7% – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL) rose 5.7% during trading on Tuesday . The stock traded as high as $407.98 and last traded at $403.5490. 4,832,232 shares were traded during mid-day trading, a decline of 44% from the average session volume of 8,586,738 shares. The stock had previously closed at $381.88.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell benefited from a broader rally in AI hardware stocks as investors rotated back into data center and server names tied to artificial intelligence demand. Super Micro Jumps 6%, Dell Climbs 7%, HPE Rises 5% as AI Hardware Rebounds With the NASDAQ
• Positive Sentiment: Dell continues to attract attention as a trending stock, reflecting strong investor focus on the company’s AI PC, server, and enterprise upgrade story. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
• Positive Sentiment: News that Scale AI and Dell Technologies signed an MoU to support Qatar’s digital future and AI capabilities adds to the company’s narrative around international AI infrastructure opportunities.
• Neutral Sentiment: Several articles focused on Michael Dell’s personal wealth ranking and Dell’s recent share performance, which may influence sentiment but do not directly change the business outlook. Mark Zuckerberg Overtakes Michael Dell As 5th Richest Amid Dell Selloff
• Negative Sentiment: Some recent coverage highlighted that Dell had underperformed the broader market in the prior session, indicating the stock has still been volatile despite the current rebound. Here’s Why Dell Technologies (DELL) Fell More Than Broader Market

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on DELL shares. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Sanford C. Bernstein upped their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. UBS Group set a $700.00 price target on shares of Dell Technologies in a report on Friday, May 29th. JPMorgan Chase & Co. boosted their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Finally, Morgan Stanley upped their price objective on shares of Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $492.76.

Dell Technologies Price Performance

The firm has a market capitalization of $261.54 billion, a price-to-earnings ratio of 32.05, a price-to-earnings-growth ratio of 0.85 and a beta of 1.31. The business has a 50 day moving average of $375.38 and a 200 day moving average of $231.18.

Dell Technologies (NYSE:DELL) last posted its quarterly 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. The firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.55 earnings per share. 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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 17.77 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Insider Buying and Selling at Dell Technologies

In related news, Director Lake Group L.L.C. Silver sold 16,679 shares of the stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the transaction, the director owned 67,990 shares of the company’s stock, valued at approximately $30,836,184.60. This represents a 50.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. Insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

A number of large investors have recently bought and sold shares of the stock. Commonwealth Retirement Investments LLC acquired a new position in Dell Technologies during the fourth quarter worth $25,000. Rossby Financial LCC boosted its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC bought a new stake in shares of Dell Technologies in the 4th quarter worth about $29,000. Kemnay Advisory Services Inc. bought a new stake in shares of Dell Technologies in the 4th quarter worth about $29,000. Finally, WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. 76.37% of the stock is currently 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.