Dell Technologies (NYSE:DELL) Shares Up 2.5% – What’s Next?

Dell Technologies Inc. (NYSE:DELL)’s share price shot up 2.5% during mid-day trading on Tuesday . The company traded as high as $135.00 and last traded at $133.7520. 5,347,699 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 7,184,838 shares. The stock had previously closed at $130.51.

Analysts Set New Price Targets

DELL has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, October 8th. Citigroup reaffirmed a “buy” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Bank of America boosted their price target on shares of Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Zacks Research lowered shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, Cowen reissued a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Price Performance

The business has a fifty day moving average of $143.18 and a 200-day moving average of $132.66. The stock has a market capitalization of $89.93 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. Dell Technologies’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, research analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

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

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Ellen Jamison Kullman sold 79,806 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was 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 approximately $10,083,056.72. The trade was a 54.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $151.63, for a total transaction of $1,003,335.71. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 4,008,030 shares of company stock worth $576,159,860. 42.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Winnow Wealth LLC acquired a new stake in Dell Technologies in the second quarter valued at approximately $25,000. Flaharty Asset Management LLC acquired a new stake in shares of Dell Technologies in the first quarter valued at about $27,000. Westside Investment Management Inc. grew its holdings in Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Dell Technologies during the second quarter worth $28,000. Finally, Central Pacific Bank Trust Division bought a new position in shares of Dell Technologies during the 2nd quarter worth about $29,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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).