Dell Technologies (NYSE:DELL) Shares Up 1.7% – Should You Buy?

Shares of Dell Technologies Inc. (NYSE:DELL) traded up 1.7% on Tuesday . The company traded as high as $538.47 and last traded at $533.27. Approximately 6,564,988 shares were traded during mid-day trading, a decline of 21% from the average session volume of 8,361,538 shares. The stock had previously closed at $524.14.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: AI demand is driving a major growth narrative. Dell’s AI-optimized servers and data-center systems are benefiting from enterprises bringing AI workloads “on-premise,” rather than relying solely on public cloud providers. Reports highlight a roughly $95 billion AI backlog and accelerating orders, positioning Dell as an important enterprise-AI infrastructure supplier alongside NVIDIA. Dell’s latest reinvention is here and it reveals the AI boom happening on-premise
• Positive Sentiment: Analysts and investors are raising expectations. Coverage emphasizes Dell’s earnings beat, strong AI backlog and improved ability to convert demand into revenue and expanding margins. Wall Street target increases and bullish commentary have helped reinforce momentum after the company’s recent rally. Wall Street raises targets after earnings demolish expectations
• Positive Sentiment: Product expansion adds a secondary catalyst. Dell launched the lower-priced 14S laptop as consumer PC demand improves. The company’s consumer revenue reportedly rose 7%, although this opportunity is smaller than its AI infrastructure business. DELL expands consumer PC reach
• Positive Sentiment: New strategic partnerships support long-term demand. Dell’s collaboration with Texas A&M will apply AI to experiential learning, showcasing potential adoption of Dell technology in higher education and research environments. Scaling experiential learning with AI

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. KeyCorp reissued a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Morgan Stanley upped their price target on shares of Dell Technologies from $434.00 to $499.00 and gave the company an “equal weight” rating in a report on Wednesday, September 2nd. Finally, Citigroup lifted their price objective on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $553.79.

Dell Technologies Price Performance

The stock has a market capitalization of $345.62 billion, a PE ratio of 30.95, a P/E/G ratio of 0.54 and a beta of 1.34. The stock’s fifty day moving average is $441.51 and its 200-day moving average is $313.17.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The company’s revenue was up 57.7% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, analysts forecast that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the completion of the sale, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction on Monday, August 24th. The stock was sold at an average price of $438.21, for a total transaction of $886,060.62. Following the sale, the director directly owned 25,267 shares in the company, valued at approximately $11,072,252.07. This trade represents a 7.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,124,788 shares of company stock valued at $459,356,512. 41.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DELL. ProShare Advisors LLC increased its holdings in shares of Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after buying an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in Dell Technologies in the fourth quarter valued at approximately $23,332,000. Plato Investment Management Ltd purchased a new position in Dell Technologies in the second quarter worth approximately $5,913,000. Gabelli Funds LLC increased its stake in Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after acquiring an additional 15,150 shares during the last quarter. Finally, MUFG Securities EMEA plc raised its position in Dell Technologies by 112.9% in the fourth quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock valued at $1,555,000 after purchasing an additional 6,553 shares during the period. 76.37% of the stock is 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.