Dell Technologies (NYSE:DELL) Shares Up 1.7% – Here’s Why

Dell Technologies Inc. (NYSE:DELL) traded up 1.7% on Tuesday . The stock traded as high as $538.47 and last traded at $533.27. Approximately 6,564,988 shares were traded during trading, a decline of 21% from the average daily volume of 8,361,538 shares. The stock had previously closed at $524.14.

More Dell Technologies News

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

• Positive Sentiment: AI demand is driving a major growth narrative. Dell’s AI-optimized servers and data-center systems are benefiting from enterprises bringing AI workloads “on-premise,” rather than relying solely on public cloud providers. Reports highlight a roughly $95 billion AI backlog and accelerating orders, positioning Dell as an important enterprise-AI infrastructure supplier alongside NVIDIA. Dell’s latest reinvention is here and it reveals the AI boom happening on-premise
• Positive Sentiment: Analysts and investors are raising expectations. Coverage emphasizes Dell’s earnings beat, strong AI backlog and improved ability to convert demand into revenue and expanding margins. Wall Street target increases and bullish commentary have helped reinforce momentum after the company’s recent rally. Wall Street raises targets after earnings demolish expectations
• Positive Sentiment: Product expansion adds a secondary catalyst. Dell launched the lower-priced 14S laptop as consumer PC demand improves. The company’s consumer revenue reportedly rose 7%, although this opportunity is smaller than its AI infrastructure business. DELL expands consumer PC reach
• Positive Sentiment: New strategic partnerships support long-term demand. Dell’s collaboration with Texas A&M will apply AI to experiential learning, showcasing potential adoption of Dell technology in higher education and research environments. Scaling experiential learning with AI

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DELL. Deutsche Bank Aktiengesellschaft initiated coverage on Dell Technologies in a report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price target on the stock. Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective on the stock in a research report on Wednesday, September 2nd. US Capital Advisors set a $625.00 target price on Dell Technologies in a research report on Wednesday, September 2nd. Roth Capital initiated coverage on shares of Dell Technologies in a research note on Friday, May 29th. They set a “buy” rating for the company. Finally, CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $553.79.

Dell Technologies Price Performance

The firm has a fifty day moving average of $441.51 and a two-hundred day moving average of $313.17. The stock has a market capitalization of $345.62 billion, a P/E ratio of 30.95, a P/E/G ratio of 0.54 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same period in the prior year, the business earned $1.70 EPS. The firm’s quarterly revenue was up 57.7% on a year-over-year basis. 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, sell-side analysts forecast that Dell Technologies Inc. will post 25.14 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio is currently 14.63%.

Insider Buying and Selling

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 59,492 shares of Dell Technologies stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $26,982,001.68. Following the transaction, the director owned 89,222 shares in the company, valued at $40,465,745.88. The trade was a 40.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the sale, the director directly owned 43,961 shares of the company’s stock, 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 1,124,788 shares of company stock worth $459,356,512 over the last quarter. Insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC acquired a new stake in Dell Technologies in the 4th quarter worth approximately $25,000. Rossby Financial LCC increased its stake in Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Cornerstone Financial Management LLC lifted its stake in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares during the period. Navalign LLC purchased a new stake in shares of Dell Technologies during the fourth quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Dell Technologies in the 4th quarter valued at $29,000. 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.