Dell Technologies (NYSE:DELL) Hits New 1-Year High – What’s Next?

Dell Technologies Inc. (NYSE:DELL) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $504.50 and last traded at $512.6040, with a volume of 498804 shares changing hands. The stock had previously closed at $484.50.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Strong results from competitor Lenovo Group indicated resilient PC and server demand, particularly from AI-related infrastructure. The read-through helped lift Dell and other hardware stocks, with Dell reaching a new high in extended trading. Here’s why Dell stock is soaring after the Lenovo Group earnings
• Positive Sentiment: Super Micro Computer’s upbeat fiscal 2027 outlook reinforced expectations for continued AI-server spending. Investors view Dell as a major beneficiary of enterprise demand for high-performance computing systems. DELL Stock Climbs 4% in Thursday Pre-Market: What’s Going On?
• Positive Sentiment: Recent coverage highlighted Dell’s expanding AI-server business, a multibillion-dollar backlog and improved revenue visibility. The company’s latest reported quarter also showed $43.84 billion in revenue, up 87.5% year over year, while adjusted earnings of $4.86 per share substantially exceeded expectations. Dell (DELL) Stock Surges Nearly 10% as AI Server Momentum Accelerates
• Neutral Sentiment: Dell is scheduled to report fiscal second-quarter 2027 results on September 3. Investors may remain focused on AI-server order growth, backlog conversion, margins and updated guidance ahead of the report. Dear Dell Stock Fans, Mark Your Calendars for September 3
• Negative Sentiment: Analysts and market commentary caution that rapid AI-server growth may be accompanied by margin compression. Dell’s valuation has also expanded considerably, leaving the stock more sensitive to any slowdown in AI spending or disappointing guidance. Dell’s AI Server Boom Is Just Getting Started
• Negative Sentiment: Reported insider-trading data showed extensive selling by company executives and investment entities, with no insider purchases during the cited six-month period. While sales can reflect diversification or scheduled transactions, they may temper investor confidence after the stock’s substantial advance.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DELL. Citigroup upped their target price on shares of Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Evercore reissued an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, July 8th. CLSA raised shares of Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Roth Capital started coverage on shares of Dell Technologies in a research report on Friday, May 29th. They set a “buy” rating on the stock. Finally, Susquehanna set a $289.00 target price on Dell Technologies and gave the company a “neutral” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $492.43.

Dell Technologies Trading Up 2.8%

The stock’s 50-day moving average price is $418.45 and its two-hundred day moving average price is $268.57. The stock has a market capitalization of $322.74 billion, a P/E ratio of 39.61, a P/E/G ratio of 0.94 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. Dell Technologies’s revenue was up 87.5% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, equities research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. Dell Technologies’s payout ratio is presently 20.02%.

Insider Transactions at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the business’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $31,160,919.24. Following the sale, the director directly owned 67,990 shares in the company, valued at approximately $30,836,184.60. The trade was a 50.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $396.37, for a total transaction of $6,611,055.23. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. Insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DELL. Norges Bank purchased a new position in shares of Dell Technologies during the 4th quarter valued at $607,349,000. Wellington Management Group LLP boosted its stake in Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after buying an additional 2,937,137 shares during the period. Invesco Ltd. grew its position in Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after buying an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation increased its stake in Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after acquiring an additional 2,258,797 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Dell Technologies by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after acquiring an additional 1,355,841 shares in the last quarter. 76.37% of the stock is currently 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.