Dell Technologies Inc. (NYSE:DELL – Get Free Report) shares shot up 3.8% during mid-day trading on Friday. The company traded as high as $350.36 and last traded at $329.0180. Approximately 8,546,331 shares were traded during mid-day trading, an increase of 4% from the average session volume of 8,217,229 shares. The stock had previously closed at $316.91.
Key Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: AI-server stocks recovered some ground as investors reassessed the recent sell-off. Dell’s reported AI backlog and steady earnings expectations support the view that demand remains strong for now. Article: Super Micro Computer and Dell Climb as AI Server Stocks Rebound
- Positive Sentiment: Despite investor concerns about AI-infrastructure spending, Dell and Nvidia continue to report strong revenue growth—evidence that worries about demand have not yet shown up as a broad slowdown in results. Article: Dell vs. Nvidia: Which Is the Better Buy for 2027?
- Neutral Sentiment: Recent coverage also frames the pullback as a potential buying opportunity: lower share prices have eased valuation concerns, while analysts expect Dell to continue growing. Article: Why It’s Time to Buy the Pullback in Dell Stock
- Negative Sentiment: The rebound follows steep losses tied to fears that political changes could slow data-center construction. Reports also flagged memory-supply constraints and broader doubts about how long rapid AI-infrastructure spending can continue. Article: The AI Selloff Is Getting Worse
- Negative Sentiment: Investors remain wary of risks across AI-server makers, including cash burn, debt, and political threats to data-center projects. Those concerns could limit the recovery if the sector bounce fades. Article: AI Server Stocks Rebound From Election Sell-Off
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on DELL. Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a report on Wednesday, September 2nd. Cantor Fitzgerald began coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating for the company. The Goldman Sachs Group restated a “buy” rating on shares of Dell Technologies in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Dell Technologies in a report on Thursday, September 3rd. They set a “hold” rating and a $480.00 price objective on the stock. Finally, KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. One equities 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’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $569.96.
Check Out Our Latest Stock Report on DELL
Dell Technologies Trading Up 3.8%
The business’s fifty day moving average price is $507.68 and its 200 day moving average price is $335.34. The firm has a market capitalization of $209.19 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 0.39 and a beta of 1.45.
Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the prior year, the business earned $1.70 EPS. Dell Technologies’s quarterly revenue was up 57.7% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.8%. Dell Technologies’s dividend payout ratio is 14.63%.
Insider Transactions at Dell Technologies
In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the sale, the director directly owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. This trade represents a 58.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction that occurred 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 transaction, the director owned 73,185 shares in the company, valued at $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,819,650 shares of company stock worth $991,183,596. Corporate insiders own 41.50% of the company’s stock.
Hedge Funds Weigh In On Dell Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of DELL. Wellington Management Group LLP increased its stake 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 acquiring an additional 1,474,347 shares during the period. Bank of America Corp DE lifted its position in Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings 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 purchasing an additional 337,836 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Dell Technologies by 70.2% in the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock valued at $118,432,000 after purchasing an additional 297,500 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in Dell Technologies by 73.4% during the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock worth $71,946,000 after purchasing an additional 185,527 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.
Dell Technologies Company Profile
Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.
The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.
Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.
See Also
- Five stocks we like better than Dell Technologies
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Dell Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dell Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
