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

Dell Technologies Inc. (NYSE:DELL) shares reached a new 52-week high during mid-day trading on Saturday . The stock traded as high as $298.32 and last traded at $294.97, with a volume of 15249012 shares changing hands. The stock had previously closed at $252.80.

More Dell Technologies News

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

• Positive Sentiment: Analysts expect Dell to beat fiscal first-quarter estimates, with upbeat revisions and higher price targets adding to the stock’s rally ahead of earnings on May 28. Dell stock rallies as analysts show love ahead of Q1 earnings
• Positive Sentiment: AI demand remains a major catalyst, with Dell’s server backlog and revenue targets pointing to strong growth in enterprise and hyperscale AI infrastructure. Dell’s AI Data Center Expansion Gains Pace: What Lies Ahead?
• Positive Sentiment: The shares hit a fresh record and 52-week high as investors continue to re-rate Dell higher on the strength of its AI story ahead of earnings. Dell Stock Surges to Fresh Record Ahead of Earnings Next Week
• Positive Sentiment: Heavy call-option activity suggests traders are positioning for more upside into the earnings report. Dell Technologies Stock Hits 52-Week High – Here’s Why
• Neutral Sentiment: Dell also announced that an Infrastructure Solutions Group executive will present at a June investor conference, keeping the company in focus with investors but not changing near-term fundamentals. Dell Technologies to Present at Investor Conference in June
• Neutral Sentiment: Most of the recent coverage is centered on upcoming earnings and AI momentum, so the stock’s move is still largely driven by expectations rather than confirmed results. Dell Stock Leads the S&P 500 Today. Next Week’s Earnings Could Send It Higher.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DELL shares. The Goldman Sachs Group raised their price target on shares of Dell Technologies from $215.00 to $230.00 in a research note on Thursday, April 30th. Wall Street Zen downgraded shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $205.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. UBS Group downgraded shares of Dell Technologies from a “buy” rating to a “neutral” rating and raised their price target for the stock from $167.00 to $243.00 in a research note on Sunday, May 10th. Finally, Daiwa Securities Group raised their price target on shares of Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $211.32.

Dell Technologies Price Performance

The company’s 50 day moving average price is $199.13 and its two-hundred day moving average price is $153.21. The stock has a market capitalization of $190.48 billion, a PE ratio of 33.83, a P/E/G ratio of 0.95 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same period last year, the business earned $2.68 earnings per share. Dell Technologies’s revenue was up 39.5% compared to the same quarter last year. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Analysts forecast that Dell Technologies Inc. will post 11.87 earnings per share for the current year.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, April 21st. This is an increase from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a yield of 0.9%. Dell Technologies’s dividend payout ratio (DPR) is 28.90%.

Insider Activity

In related news, CFO David Alan Kennedy sold 19,500 shares of the firm’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer directly owned 183,097 shares in the company, valued at approximately $33,420,695.41. This trade represents a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $176.81, for a total transaction of $67,541,420.00. The SEC filing for this sale provides additional information. Insiders sold 3,571,688 shares of company stock valued at $576,654,105 in the last quarter. Insiders own 42.00% 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. Commonwealth Retirement Investments LLC acquired a new stake in Dell Technologies during the fourth quarter worth about $25,000. Rossby Financial LCC increased its position in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares during the last quarter. Navalign LLC acquired a new stake in shares of Dell Technologies during the fourth quarter valued at about $29,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Dell Technologies during the fourth quarter valued at about $29,000. Finally, WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 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 multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.