Dell Technologies (NYSE:DELL) Trading 1.7% Higher – Should You Buy?

Dell Technologies Inc. (NYSE:DELL) traded up 1.7% during trading on Thursday . The stock traded as high as $472.50 and last traded at $471.55. 4,632,597 shares were traded during trading, a decline of 43% from the average daily volume of 8,097,997 shares. The stock had previously closed at $463.82.

More Dell Technologies News

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

• Positive Sentiment: AI demand is driving bullish expectations. Dell reportedly has a record $51.3 billion AI-server backlog, while continued data-center investment is supporting Infrastructure Solutions Group growth. Analysts expect roughly $44 billion-$45 billion in quarterly revenue and more than 100% year-over-year EPS growth. Dell AI Server Backlog
• Positive Sentiment: Recent execution supports investor optimism. Dell’s prior quarter substantially exceeded consensus estimates, and analysts see potential for another earnings beat and raised outlook. The stock has also shown relative strength and remains close to its recent high. Dell Prior Earnings Beat
• Neutral Sentiment: Large post-earnings volatility is expected. Options-market pricing indicates traders anticipate a meaningful move following the earnings release. This could benefit the stock if results exceed elevated expectations, but it also raises downside risk if guidance disappoints. Expected Dell Earnings Move
• Negative Sentiment: Tariff concerns are weighing on the shares. Possible semiconductor tariffs affecting servers and PCs have prompted caution because higher component costs could pressure demand and profitability. Dell Tariff Concerns
• Negative Sentiment: Capacity and margin risks remain. Dell may be unable to build AI servers quickly enough, while supply constraints, pricing pressure and the relatively low margins of high-volume server sales could limit the earnings benefit from strong demand. Dell Server Capacity Risks

Analyst Upgrades and Downgrades

DELL has been the topic of a number of analyst reports. Citigroup lifted their price target on Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Daiwa Securities Group raised their target price on shares of Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. Piper Sandler lifted their target price on shares of Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Raymond James Financial lowered shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, May 29th. Finally, Truist Financial upped their price target on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $485.24.

Dell Technologies Stock Down 3.6%

The stock has a market capitalization of $295.03 billion, a PE ratio of 36.16, a P/E/G ratio of 0.98 and a beta of 1.33. The stock’s 50-day moving average is $432.75 and its 200 day moving average is $296.29.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (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 during the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter in the prior year, the firm earned $1.55 EPS. The company’s revenue was up 87.5% compared to the same quarter last year. As a group, equities research analysts forecast that Dell Technologies Inc. will post 18.32 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is currently 20.02%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 2,022 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $438.21, for a total value of $886,060.62. Following the transaction, the director owned 25,267 shares in the company, valued at $11,072,252.07. The trade was a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the company’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 $15,814,486.26. Following the completion of the transaction, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,436,780 shares of company stock worth $1,449,756,744 in the last ninety days. Company insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Institutional investors have recently added to or reduced their stakes in the business. ProShare Advisors LLC lifted its holdings in Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after buying an additional 7,642 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Dell Technologies in the 4th quarter valued at $23,332,000. Plato Investment Management Ltd bought a new stake in shares of Dell Technologies during the second quarter worth $5,913,000. Gabelli Funds LLC raised its position in shares of Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after acquiring an additional 15,150 shares during the last quarter. Finally, MUFG Securities EMEA plc lifted its stake in shares of Dell Technologies by 112.9% during the fourth quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock valued at $1,555,000 after acquiring an additional 6,553 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Dell Technologies Company Profile

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.