Dell Technologies (NYSE:DELL) Stock Price Up 4.2% – Still a Buy?

Dell Technologies Inc. (NYSE:DELL)’s share price traded up 4.2% during mid-day trading on Thursday . The company traded as high as $254.38 and last traded at $253.1080. 5,046,785 shares changed hands during trading, a decline of 36% from the average session volume of 7,888,163 shares. The stock had previously closed at $242.93.

More Dell Technologies News

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

• Positive Sentiment: Analysts expect Dell to beat fiscal first-quarter estimates, with upbeat revisions and higher price targets adding to the stock’s rally ahead of earnings on May 28. Dell stock rallies as analysts show love ahead of Q1 earnings
• Positive Sentiment: AI demand remains a major catalyst, with Dell’s server backlog and revenue targets pointing to strong growth in enterprise and hyperscale AI infrastructure. Dell’s AI Data Center Expansion Gains Pace: What Lies Ahead?
• Positive Sentiment: The shares hit a fresh record and 52-week high as investors continue to re-rate Dell higher on the strength of its AI story ahead of earnings. Dell Stock Surges to Fresh Record Ahead of Earnings Next Week
• Positive Sentiment: Heavy call-option activity suggests traders are positioning for more upside into the earnings report. Dell Technologies Stock Hits 52-Week High – Here’s Why
• Neutral Sentiment: Dell also announced that an Infrastructure Solutions Group executive will present at a June investor conference, keeping the company in focus with investors but not changing near-term fundamentals. Dell Technologies to Present at Investor Conference in June
• Neutral Sentiment: Most of the recent coverage is centered on upcoming earnings and AI momentum, so the stock’s move is still largely driven by expectations rather than confirmed results. Dell Stock Leads the S&P 500 Today. Next Week’s Earnings Could Send It Higher.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. The Goldman Sachs Group increased their price target on shares of Dell Technologies from $215.00 to $230.00 in a research report on Thursday, April 30th. Citigroup upped their target price on Dell Technologies from $180.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Piper Sandler decreased their price target on Dell Technologies from $172.00 to $167.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. JPMorgan Chase & Co. increased their price objective on shares of Dell Technologies from $205.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, UBS Group downgraded shares of Dell Technologies from a “buy” rating to a “neutral” rating and upped their price target for the stock from $167.00 to $243.00 in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $211.32.

Dell Technologies Stock Up 16.7%

The stock has a market cap of $190.48 billion, a P/E ratio of 33.83, a P/E/G ratio of 0.95 and a beta of 0.99. The company’s 50 day moving average price is $199.13 and its 200-day moving average price is $153.21.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.36. The business had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.Dell Technologies’s revenue for the quarter was up 39.5% compared to the same quarter last year. During the same period last year, the company earned $2.68 EPS. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Equities research analysts anticipate that Dell Technologies Inc. will post 11.87 earnings per share for the current year.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were issued a $0.63 dividend. The ex-dividend date was Tuesday, April 21st. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a yield of 0.9%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.90%.

Insider Activity at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total transaction of $67,541,420.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider William F. Scannell sold 143,067 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider owned 21,779 shares of the company’s stock, valued at $3,593,535. The trade was a 86.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 3,571,688 shares of company stock worth $576,654,105 over the last quarter. 42.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in DELL. Groupama Asset Managment boosted its holdings in Dell Technologies by 2.6% in the first quarter. Groupama Asset Managment now owns 2,902 shares of the technology company’s stock worth $476,000 after acquiring an additional 73 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of Dell Technologies during the first quarter valued at approximately $5,930,000. BankChampaign National Association bought a new stake in shares of Dell Technologies during the first quarter valued at approximately $595,000. Liontrust Investment Partners LLP acquired a new position in shares of Dell Technologies during the first quarter worth approximately $653,000. Finally, SOA Wealth Advisors LLC. lifted its holdings in shares of Dell Technologies by 519.2% in the 1st quarter. SOA Wealth Advisors LLC. now owns 452 shares of the technology company’s stock worth $74,000 after purchasing an additional 379 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

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.