Dell Technologies (NYSE:DELL) Hits New 52-Week High – Time to Buy?

Dell Technologies Inc. (NYSE:DELL) hit a new 52-week high on Monday . The stock traded as high as $595.51 and last traded at $587.5630, with a volume of 11707072 shares traded. The stock had previously closed at $568.06.

Key Dell Technologies News

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

• Positive Sentiment: Analysts at Zacks included Dell among top-ranked AI-server stocks, citing surging demand, record backlogs and stronger guidance as data centers expand AI infrastructure. This reinforces the bullish outlook following Dell’s latest earnings beat and rapid revenue growth. Zacks AI-server portfolio article
• Positive Sentiment: Dell is joining the S&P 100, an index addition that can improve the company’s visibility and potentially generate incremental demand from funds that track the index. The move also highlights Dell’s increased scale and market importance. TipRanks S&P 100 article
• Positive Sentiment: Dell is collaborating with the Artificial Intelligence Office to develop national capabilities in agentic AI. The initiative could strengthen Dell’s positioning in government and enterprise AI deployments, although financial details were not disclosed. Artificial Intelligence Office collaboration
• Neutral Sentiment: Separate partnerships in Pakistan focused on digital transformation and technology training for 5,500 students may support Dell’s long-term ecosystem and brand presence, but they are unlikely to materially affect near-term earnings. SI Global partnership
• Negative Sentiment: Two Dell directors sold approximately $42 million of stock combined. Insider selling can weigh on sentiment, particularly after the shares’ substantial rally, although such transactions do not necessarily indicate deteriorating business fundamentals. Director stock sale Second director stock sale
• Negative Sentiment: A Seeking Alpha analysis argues that Dell’s valuation leaves substantial downside—estimated at 67%—if AI-related growth expectations moderate. The warning highlights elevated execution risk and the possibility that the stock has priced in much of its expected growth. Seeking Alpha valuation analysis

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Daiwa Securities Group lifted their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. Cantor Fitzgerald started coverage on Dell Technologies in a report on Wednesday, September 2nd. They set an “overweight” rating on the stock. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Truist Financial boosted their price objective on shares of Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report on Wednesday, September 2nd. Finally, UBS Group reissued an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. One 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $560.24.

Dell Technologies Price Performance

The firm has a market capitalization of $369.89 billion, a P/E ratio of 33.14, a P/E/G ratio of 0.59 and a beta of 1.34. The firm has a 50-day moving average price of $464.52 and a two-hundred day moving average price of $339.93.

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

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Insiders Place Their Bets

In other news, Director Spv-2 L.P. Sl sold 46,994 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $567.88, for a total transaction of $26,686,952.72. Following the transaction, the director owned 92,330 shares of the company’s stock, valued at approximately $52,432,360.40. This represents a 33.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Silver Lake Partners V. De (Aiv sold 26,985 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $567.88, for a total transaction of $15,324,241.80. Following the completion of the sale, the director directly owned 47,746 shares of the company’s stock, valued at approximately $27,113,998.48. This trade represents a 36.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,930,768 shares of company stock worth $976,053,164. 41.50% of the stock is currently owned by company insiders.

Institutional Trading of Dell Technologies

A number of hedge funds have recently bought and sold shares of the stock. Premier Financial Group bought a new stake in Dell Technologies during the 2nd quarter valued at $34,000. Wellington Altus USA Inc. lifted its stake in shares of Dell Technologies by 38.4% during the 2nd quarter. Wellington Altus USA Inc. now owns 1,475 shares of the technology company’s stock worth $636,000 after purchasing an additional 409 shares during the last quarter. Revere Asset Management Inc purchased a new position in Dell Technologies in the second quarter valued at about $5,524,000. Sequoia Financial Advisors LLC raised its holdings in Dell Technologies by 4.5% in the second quarter. Sequoia Financial Advisors LLC now owns 50,146 shares of the technology company’s stock worth $21,636,000 after purchasing an additional 2,176 shares in the last quarter. Finally, MCF Advisors LLC lifted its position in shares of Dell Technologies by 4.4% during the second quarter. MCF Advisors LLC now owns 2,377 shares of the technology company’s stock valued at $1,026,000 after buying an additional 100 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 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.