Dell Technologies (NYSE:DELL) Stock Price Up 5.5% – Still a Buy?

Dell Technologies Inc. (NYSE:DELL)’s share price shot up 5.5% on Monday. The stock traded as high as $354.50 and last traded at $346.4950. 6,433,601 shares changed hands during trading, a decline of 22% from the average session volume of 8,212,543 shares. The stock had previously closed at $328.53.

Key Headlines Impacting Dell Technologies

These are some of the DELL headlines that stood out recently:

• Positive Sentiment: CoreWeave reported better-than-expected quarterly results, raised its revenue outlook and lifted the low end of its 2026 capital-spending range to $37 billion. Investors see the higher spending as supportive of Dell’s reported $95 billion AI-server backlog. Article
• Negative Sentiment: Recent coverage flags weaker PC-demand expectations and rising costs as risks that could weigh on Dell’s traditional business and margins, even with strong AI-server demand. One analysis also argues Hewlett Packard Enterprise may offer a more compelling investment after the memory-related sell-off. Article
• Negative Sentiment: Earlier selling reflected concerns about potential Texas data-center restrictions, illustrating that policy and infrastructure constraints could complicate the expansion of AI capacity. Article

Analyst Ratings Changes

Several research firms have commented on DELL. Citigroup increased their price objective on shares of Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a report on Tuesday, September 29th. Weiss Ratings lowered Dell Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, November 3rd. The Goldman Sachs Group reiterated a “buy” rating on shares of Dell Technologies in a report on Friday, October 9th. Finally, Morgan Stanley upped their price objective on Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research note on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $569.96.

Dell Technologies Stock Performance

The business’s 50 day moving average is $500.18 and its two-hundred day moving average is $338.68. The firm has a market capitalization of $238.22 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 0.36 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same period last year, the company earned $1.70 earnings per share. 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, equities research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares of the company’s stock, valued at $37,861,527.90. This trade represents a 53.14% decrease in their position. 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 91,191 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the transaction, the director owned 64,209 shares of the company’s stock, valued at $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of DELL. Bank of America Corp DE increased its stake in Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after buying an additional 1,474,347 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Dell Technologies by 107.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 651,154 shares of the technology company’s stock worth $350,288,000 after buying an additional 337,836 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Dell Technologies by 40.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 385,827 shares of the technology company’s stock worth $207,659,000 after buying an additional 110,756 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Dell Technologies by 5.0% in the second quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company’s stock worth $207,355,000 after buying an additional 22,924 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations. The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.