Dell Technologies (NYSE:DELL) Stock Price Up 9.3% – Time to Buy?

Dell Technologies Inc. (NYSE:DELL) was up 9.3% during mid-day trading on Wednesday . The company traded as high as $451.36 and last traded at $441.81. 7,140,339 shares were traded during mid-day trading, a decline of 17% from the average session volume of 8,583,852 shares. The stock had previously closed at $404.15.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Shares are being lifted by a strong read-through from Super Micro Computer (SMCI), whose preliminary update showed more than $60 billion in new orders and a record backlog, reinforcing the idea that AI server spending remains robust. Article Title
• Positive Sentiment: Multiple reports highlighted that Dell is benefiting from renewed enthusiasm for AI hardware names, with analysts and commentators pointing to Dell as a likely winner from continued AI server demand. Article Title
• Positive Sentiment: Recent coverage also emphasized Dell’s growing role in AI infrastructure, including reports that its ISG sales jumped 181% on $12 billion in AI server revenue, underscoring momentum in the company’s data-center business. Article Title
• Neutral Sentiment: Brokerage commentary this morning leaned constructive, with Dell receiving a “Moderate Buy” consensus rating and continued attention around its AI growth story. Article Title
• Negative Sentiment: Earlier this week, Dell had sold off along with the broader market, showing that the stock has still been vulnerable to volatility despite the recent AI-driven rebound. Article Title

Analyst Upgrades and Downgrades

DELL has been the topic of several research analyst reports. Piper Sandler lifted their price target on Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Melius Research set a $565.00 target price on shares of Dell Technologies in a research report on Friday, May 29th. TD Cowen lifted their target price on shares of Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a report on Friday, May 29th. Jefferies Financial Group cut shares of Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Finally, Mizuho raised their price objective on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $492.76.

Dell Technologies Stock Up 9.3%

The stock has a fifty day moving average price of $378.67 and a 200-day moving average price of $233.13. The firm has a market cap of $286.34 billion, a price-to-earnings ratio of 35.09, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the company earned $1.55 earnings per share. The company’s revenue for the quarter was up 87.5% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. As a group, research analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is 20.02%.

Insider Activity

In related news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares of the company’s stock, valued at $30,836,184.60. This represents a 50.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $396.37, for a total transaction of $6,611,055.23. The SEC filing for this sale provides additional information. Insiders sold 3,434,758 shares of company stock worth $1,448,870,683 in the last ninety days. 41.50% of the stock is currently owned by insiders.

Institutional Trading of Dell Technologies

A number of institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its holdings in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after acquiring an additional 901 shares during the period. Sivia Capital Partners LLC acquired a new stake in Dell Technologies in the second quarter valued at $328,000. Marshall Wace LLP purchased a new stake in shares of Dell Technologies during the 2nd quarter worth $809,000. Gamco Investors INC. ET AL grew its stake in shares of Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC grew its stake in shares of Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

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.