Dell Technologies (NYSE:DELL) Stock Price Up 3.9% – Here’s Why

Dell Technologies Inc. (NYSE:DELL) rose 3.9% on Tuesday. The stock traded as high as $418.17 and last traded at $408.1840. Approximately 4,462,783 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 8,173,898 shares. The stock had previously closed at $392.78.

Key Dell Technologies News

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

• Positive Sentiment: AI-server stocks bounced back after a steep decline, lifting Dell and peers. The sector recovery may have supported the stock, though recent losses remain a concern. Article: AI server stocks bounce
• Positive Sentiment: Dell and CrowdStrike announced integrated security for Dell AI Factory systems using NVIDIA technology. Dell also unveiled additional cybersecurity and resilience features for AI environments, broadening its AI infrastructure offering. Article: CrowdStrike and Dell AI security announcement Article: Dell AI cybersecurity tools
• Positive Sentiment: One market commentary ranked Dell among its top 10 inexpensive stocks heading into 2027, citing a valuation of about 13 times forward earnings. Another highlighted a reported $95 billion backlog and an analyst’s substantial upside estimate; these are supportive views, not guarantees. Article: Dell as a cheap AI stock Article: Analyst outlook and backlog
• Negative Sentiment: A report noted Dell’s inventory has nearly tripled year over year, raising questions about chip supply, demand and the risk of excess inventory. It also described pressure on PC demand tied to higher memory prices and tight supply. Article: Dell inventory and chip supply
• Negative Sentiment: A technical trading article pointed to Dell’s recent weakness and discussed a bearish options strategy if the decline continues, reflecting lingering downside concerns. Article: Bearish options strategy

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Raymond James Financial lifted their price objective on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Wells Fargo & Company boosted their target price on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Sanford C. Bernstein upped their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. Morgan Stanley increased their price target on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research report on Monday, September 21st. Finally, Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective on the stock in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Trading Up 3.9%

The company has a 50 day moving average of $512.74 and a 200 day moving average of $331.65. The firm has a market cap of $259.53 billion, a price-to-earnings ratio of 23.69, a P/E/G ratio of 0.51 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the previous year, the firm earned $1.70 earnings per share. The company’s revenue was up 57.7% on a year-over-year basis. 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. Equities analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were given a $0.63 dividend. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 14.63%.

Insider Buying and Selling at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 44,408 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the completion of the transaction, the director owned 43,740 shares in the company, valued at $25,469,802. This represents a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Egon Durban sold 1,850 shares of the stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the sale, the director directly owned 1,405,236 shares of the company’s stock, valued at $770,631,422.40. This represents a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,819,650 shares of company stock worth $991,183,596 in the last quarter. Company insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after buying an additional 1,011,101 shares during the period. Wellington Management Group LLP grew its holdings in shares of Dell Technologies by 140.1% during the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after buying an additional 1,474,347 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock valued at $350,288,000 after buying an additional 337,836 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Dell Technologies by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock valued at $207,355,000 after acquiring an additional 22,924 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Dell Technologies by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after acquiring an additional 27,668 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

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.