Dell Technologies (NYSE:DELL) Shares Up 4% – Time to Buy?

Shares of Dell Technologies Inc. (NYSE:DELL) were up 4% on Tuesday . The company traded as high as $433.50 and last traded at $431.24. 6,697,673 shares changed hands during trading, a decline of 24% from the average daily volume of 8,775,756 shares. The stock had previously closed at $414.61.

Dell Technologies News Roundup

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

• Positive Sentiment: Recent articles say Dell is benefiting from strong AI infrastructure demand, with investors viewing it as a cleaner alternative in the AI server space as competitors face scrutiny. Dell is also expanding its AI push in enterprise storage, including the PowerStore Elite launch in India. Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Positive Sentiment: Multiple market notes remain constructive, with analysts lifting price targets and media pieces arguing Dell still has upside despite the sharp rally this year. Dell Stock Price Prediction: The Case for 20%+ Upside
• Positive Sentiment: A new report says most Dell servers are now made in India amid surging local AI demand, which underscores stronger global demand for Dell’s infrastructure products. Majority of Dell servers now made in India amid surge in local AI demand
• Neutral Sentiment: Dell completed its redomestication to Texas and recently drew attention for a director stock sale, which is notable but not necessarily a fundamental shift in the business outlook. Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: Some coverage is warning that Dell’s AI boom is coming with margin pressure, noting gross margins have declined as lower-margin AI server revenue becomes a larger share of sales. Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: Recent insider selling by a Dell director may add some caution after the stock’s big run. Dell Technologies Inc. (NYSE:DELL) – Get Free Report

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DELL. Evercore raised their price objective on shares of Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Daiwa Securities Group increased their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. Susquehanna set a $289.00 price target on Dell Technologies and gave the company a “neutral” rating in a research note on Friday, May 29th. Citigroup assumed coverage on Dell Technologies in a report on Monday, June 1st. They issued an “outperform” rating on the stock. Finally, Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $490.38.

Dell Technologies Price Performance

The stock has a 50-day moving average of $325.01 and a 200-day moving average of $204.87. The firm has a market cap of $255.54 billion, a price-to-earnings ratio of 31.32, a P/E/G ratio of 0.92 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating 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 analysts’ expectations of $35.74 billion. During the same period in the previous year, the firm earned $1.55 EPS. The company’s quarterly revenue was up 87.5% compared to the same quarter last year. 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. On average, equities analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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 given a $0.63 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s payout ratio is presently 20.02%.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 16,679 shares of the company’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Richard J. Rothberg sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $410.00, for a total value of $8,200,000.00. Following the completion of the sale, the general counsel directly owned 142,415 shares in the company, valued at approximately $58,390,150. This represents a 12.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,901,953 shares of company stock worth $1,403,598,971 in the last 90 days. Corporate insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Hilltop National Bank grew its position in Dell Technologies by 3.4% in the second quarter. Hilltop National Bank now owns 6,996 shares of the technology company’s stock valued at $3,018,000 after acquiring an additional 228 shares during the last quarter. Eastern Bank lifted its holdings in shares of Dell Technologies by 3.0% in the second quarter. Eastern Bank now owns 4,494 shares of the technology company’s stock worth $1,939,000 after acquiring an additional 132 shares during the last quarter. VectorGlobal IAG Inc. bought a new position in shares of Dell Technologies in the first quarter worth about $244,000. Sapient Capital LLC acquired a new stake in shares of Dell Technologies in the 1st quarter valued at approximately $264,000. Finally, Parallel Advisors LLC grew its holdings in shares of Dell Technologies by 8.8% during the 1st quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company’s stock valued at $1,145,000 after purchasing an additional 564 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

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.