Dell Technologies (NYSE:DELL) Research Coverage Started at Royal Bank Of Canada

Royal Bank Of Canada started coverage on shares of Dell Technologies (NYSE:DELL) in a research note issued to investors on Thursday, Marketbeat Ratings reports. The firm issued an outperform rating and a $640.00 price objective on the technology company’s stock.

A number of other equities analysts also recently weighed in on DELL. Daiwa Securities Group boosted their price target on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Truist Financial raised their price objective on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research note on Thursday, September 3rd. They set a “hold” rating and a $480.00 target price for the company. Mizuho boosted their target price on Dell Technologies from $500.00 to $600.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Finally, Jefferies Financial Group cut Dell Technologies to a “hold” rating in a research note on Monday, June 1st. One research 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $560.24.

Dell Technologies Price Performance

Shares of DELL stock opened at $566.62 on Thursday. The company has a fifty day moving average price of $451.44 and a two-hundred day moving average price of $323.46. Dell Technologies has a one year low of $110.22 and a one year high of $567.75. The stock has a market cap of $367.23 billion, a P/E ratio of 32.89, a P/E/G ratio of 0.59 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share 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 analyst estimates of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. Dell Technologies’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period in the previous year, the business earned $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, equities research analysts anticipate that Dell Technologies will post 25.14 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 1,900 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $534.45, for a total transaction of $1,015,455.00. Following the sale, the director owned 1,397,035 shares of the company’s stock, valued at $746,645,355.75. This represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Jane Tunnell sold 5,436 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $523.51, for a total value of $2,845,800.36. Following the transaction, the chief marketing officer owned 41,539 shares in the company, valued at approximately $21,746,081.89. This trade represents a 11.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,432,945 shares of company stock valued at $694,663,063 in the last quarter. Company insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Several institutional investors and hedge funds have recently bought and sold shares of DELL. ProShare Advisors LLC boosted its position in shares of Dell Technologies by 10.5% during the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $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 purchased a new stake in Dell Technologies in the 4th quarter valued at $23,332,000. Plato Investment Management Ltd purchased a new stake in Dell Technologies in the 2nd quarter valued at $5,913,000. Gabelli Funds LLC lifted its stake in Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after acquiring an additional 15,150 shares in the last quarter. Finally, MUFG Securities EMEA plc boosted its holdings in Dell Technologies by 112.9% during the 4th quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock worth $1,555,000 after acquiring an additional 6,553 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
• Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
• Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
• Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling

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.