Dell Technologies (NYSE:DELL) Lowered to Buy Rating by Wall Street Zen

Wall Street Zen lowered shares of Dell Technologies (NYSE:DELL) from a strong-buy rating to a buy rating in a report issued on Sunday morning.

DELL has been the topic of several other reports. Bank of America increased their price target on shares of Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. TD Cowen raised their target price on Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, October 8th. Barclays cut their price target on Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating for the company in a report on Wednesday, November 26th. Wells Fargo & Company raised their price objective on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group boosted their price objective on Dell Technologies from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $162.84.

Dell Technologies Stock Performance

DELL stock opened at $129.82 on Friday. The company has a market cap of $87.28 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 0.87 and a beta of 1.03. The business’s 50-day moving average is $143.49 and its two-hundred day moving average is $132.54. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. The firm had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. Equities analysts predict that Dell Technologies will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies’s payout ratio is currently 28.00%.

Insider Buying and Selling at Dell Technologies

In other news, Director Ellen Jamison Kullman sold 79,806 shares of Dell Technologies stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $153.56, for a total transaction of $12,255,009.36. Following the sale, the director owned 65,662 shares in the company, valued at $10,083,056.72. This trade represents a 54.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 4,008,030 shares of company stock worth $576,159,860. Insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DELL. Winnow Wealth LLC purchased a new stake in shares of Dell Technologies during the 2nd quarter worth approximately $25,000. Flaharty Asset Management LLC bought a new stake in Dell Technologies in the first quarter worth $27,000. Westside Investment Management Inc. raised its stake in Dell Technologies by 84.7% during the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Dell Technologies during the second quarter valued at $28,000. Finally, Central Pacific Bank Trust Division purchased a new position in shares of Dell Technologies in the 2nd quarter worth $29,000. 76.37% of the stock is owned by institutional investors.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).