Dell Technologies (NYSE:DELL) Shares Up 1.3% – What’s Next?

Shares of Dell Technologies Inc. (NYSE:DELL) traded up 1.3% on Monday . The stock traded as high as $592.44 and last traded at $575.20. Approximately 7,501,235 shares were traded during mid-day trading, a decline of 11% from the average session volume of 8,434,013 shares. The stock had previously closed at $568.06.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s AI customer base reportedly exceeds 6,500, supported by enterprise, sovereign-AI and neocloud demand. Record orders and an estimated $95 billion backlog strengthen the company’s position in the AI data-center buildout. Dell AI demand article
• Positive Sentiment: Morgan Stanley described Dell as well positioned for growth in on-premises AI deployments. Dell also launched the XPS Googlebook, its first XPS laptop designed for Google Gemini Intelligence, expanding its AI-focused product lineup. Morgan Stanley AI outlook
• Neutral Sentiment: Recent quarterly results were strong, with EPS of $7.04 beating the $4.91 consensus and revenue rising 57.7% year over year to $46.97 billion. However, the stock’s sharp advance and new 52-week high have raised expectations. Dell fresh-high analysis
• Neutral Sentiment: Dell declared a quarterly dividend of $0.63 per share, equivalent to a $2.52 annualized payout and approximately a 0.5% yield. The dividend provides modest shareholder support but is unlikely to drive the stock’s near-term direction.
• Negative Sentiment: Insider selling is the most immediate pressure point. CFO David Kennedy sold about $14.0 million, General Counsel Richard Rothberg sold $2.3 million, and Silver Lake-affiliated directors sold more than $80 million across recent transactions. Silver Lake also sold another 7,994 shares for approximately $4.6 million on September 21. The sales may signal profit-taking and add potential share supply after the rally. Dell insider selling report
• Negative Sentiment: Morgan Stanley raised its price target to $511 from $499 but maintained an Equalweight rating. That target is below recent trading levels, implying limited upside in the analyst’s valuation framework. Morgan Stanley price target update
• Negative Sentiment: A bearish analysis warns that Dell’s AI-driven valuation could be vulnerable to a pullback if margins, growth or data-center spending disappoint. This is particularly relevant because Dell trades at a materially higher valuation than earlier in the year. Dell downside analysis

Analyst Ratings Changes

Several research firms recently commented on DELL. Loop Capital upped their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price objective on the stock. Evercore restated an “outperform” rating and issued a $650.00 price objective on shares of Dell Technologies in a research note on Wednesday, September 9th. Argus upped their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Susquehanna set a $289.00 price target on Dell Technologies and gave the stock a “neutral” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $560.72.

Dell Technologies Stock Up 2.4%

The company’s fifty day moving average price is $469.33 and its two-hundred day moving average price is $345.79. The firm has a market cap of $357.47 billion, a PE ratio of 32.48, a P/E/G ratio of 0.60 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm’s quarterly revenue was up 57.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.70 EPS. 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. As a group, analysts predict that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.4%. Dell Technologies’s dividend payout ratio is presently 14.63%.

Insider Activity at Dell Technologies

In related news, Director Silver Lake Partners V. De (Aiv sold 26,553 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $585.91, for a total value of $15,557,668.23. Following the completion of the sale, the director owned 59,331 shares in the company, valued at $34,762,626.21. This trade represents a 30.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Silver Lake Partners Iv, L.P. sold 7,994 shares of the business’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $569.77, for a total transaction of $4,554,741.38. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,091,952 shares of company stock worth $1,070,324,971. 41.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dell Technologies

Institutional investors have recently modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Dell Technologies during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC increased its holdings in Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after buying an additional 23 shares during the last quarter. Premier Financial Group bought a new stake in Dell Technologies in the second quarter valued at about $34,000. Portus Wealth Advisors LLC acquired a new stake in Dell Technologies during the first quarter valued at approximately $35,000. Finally, Byrne Asset Management LLC bought a new position in Dell Technologies during the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.