Dell Technologies (NYSE:DELL) Sets New 12-Month High – Time to Buy?

Dell Technologies Inc. (NYSE:DELL) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $568.67 and last traded at $557.18, with a volume of 3326381 shares traded. The stock had previously closed at $534.28.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Positive CFO commentary: CFO David Kennedy’s remarks at Citi’s TMT Conference renewed investor interest in Dell’s AI infrastructure opportunity and helped support the shares. Why Is Dell Stock Rising Today, Sept. 15?
• Positive Sentiment: Analyst upside potential: One analyst argues that Dell could gain at least another 20%, citing strengthening quarterly results and a broader AI-related growth opportunity. Dell’s recent quarter significantly exceeded expectations, with revenue up 57.7% year over year and EPS well above consensus. Why 1 Analyst Is Betting That DELL Stock Can Gain at Least Another 20% From Here
• Positive Sentiment: AI demand remains the core catalyst: Investors continue to view Dell as a major supplier of servers for AI data centers. Articles highlight agentic AI-driven server demand, strong analyst sentiment and the stock’s recent record-high performance. Dell Technologies Stock Hits a New All-Time High
• Neutral Sentiment: Debt refinancing: Dell is reportedly seeking approximately $4 billion through an investment-grade bond offering, primarily to refinance debt maturing in 2026. The transaction could improve maturity management, although it adds financing-market exposure. Dell Seeks $4 Billion as AI Boom Fuels Growth and Debt Management
• Negative Sentiment: Key risks remain: Investors are questioning whether AI infrastructure spending can maintain its pace, while recent insider stock sales and Dell’s steep rally increase profit-taking and valuation risks. The broader AI-hardware selloff shows the stock remains sensitive to sector sentiment. Dell Stock Tumbles as Fresh AI Warning Sparks Tech Selloff

Analyst Ratings Changes

Several analysts recently weighed in on the company. Sanford C. Bernstein increased their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Citigroup upped their price target on shares of Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. TD Cowen upped their target price on Dell Technologies from $450.00 to $500.00 and gave the company a “hold” rating in a research note on Wednesday, September 2nd. Daiwa Securities Group increased their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $560.24.

Dell Technologies Stock Performance

The company has a market capitalization of $355.67 billion, a P/E ratio of 31.86, a PEG ratio of 0.59 and a beta of 1.34. The company’s fifty day simple moving average is $453.91 and its 200-day simple moving average is $327.82.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company’s revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.70 EPS. 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. On average, sell-side analysts predict that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s payout ratio is 14.63%.

Insider Activity

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the sale, the director owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. This represents a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,412,945 shares of company stock valued at $686,463,063. Company insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its position in 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 purchasing 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 fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after buying an additional 108,011 shares during the period. Deutsche Bank AG increased its position in Dell Technologies by 24.6% in the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after acquiring an additional 1,090,336 shares during the period. Norges Bank acquired a new stake in Dell Technologies during the 4th quarter worth approximately $607,349,000. Finally, Wellington Management Group LLP grew its stake in shares of Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

About Dell Technologies

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.