Dell Technologies (NYSE:DELL) Trading Up 1.3% – Time to Buy?

Shares of Dell Technologies Inc. (NYSE:DELL) rose 1.3% on Monday . The company traded as high as $592.44 and last traded at $575.20. Approximately 7,501,235 shares changed hands during trading, a decline of 11% from the average daily volume of 8,434,013 shares. The stock had previously closed at $568.06.

Key Dell Technologies News

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

• Positive Sentiment: Morgan Stanley said Dell is well positioned to benefit from the growth of on-premises AI, supporting the view that enterprises will continue investing in Dell’s servers and infrastructure. Dell Best Positioned to Benefit From On-Premises AI Growth, Morgan Stanley Says
• Positive Sentiment: Dell’s AI customer base has surpassed 6,500, while enterprise, sovereign-AI and neocloud demand is contributing to record orders and an approximately $95 billion backlog. These figures reinforce expectations for continued revenue growth despite competition from Super Micro Computer and Hewlett Packard Enterprise. DELL Rides on Growing AI Clientele
• Positive Sentiment: Dell introduced the XPS Googlebook, a premium 13-inch laptop powered by Qualcomm’s Snapdragon X Elite and designed for Google’s Gemini Intelligence. The product broadens Dell’s consumer lineup and links its XPS brand to the expanding AI-PC market. Dell Technologies Introduces the XPS Googlebook
• Positive Sentiment: Analyst commentary continues to highlight Dell, alongside SMCI and HPE, as a way to participate in rising AI-server spending. Dell’s inclusion in the S&P 100 also improves its visibility among large-cap investors. Buy Top-Ranked DELL, SMCI & HPE
• Neutral Sentiment: Although Dell reached a fresh 52-week high, investors are weighing whether further gains are justified by fundamentals. The sharp rally increases sensitivity to valuation, execution and any slowdown in AI infrastructure demand. Dell Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Two Dell directors sold substantial amounts of stock, totaling roughly $42 million. The transactions may raise concerns about insider confidence, although they do not necessarily indicate a change in the company’s business outlook. Dell Director Sells Stock
• Negative Sentiment: A separate valuation-focused report argued that Dell’s strong performance leaves substantial downside risk, highlighting the potential for profit-taking if AI growth expectations or valuation multiples weaken. Dell: This High Flyer Has 67% Downside

Wall Street Analyst Weigh In

Several brokerages have commented on DELL. Cantor Fitzgerald assumed coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They set an “overweight” rating on the stock. Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a research note on Wednesday, September 2nd. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price objective on the stock. Wolfe Research downgraded shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Finally, Piper Sandler reissued an “overweight” rating and set a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $560.72.

Dell Technologies Trading Up 1.3%

The firm has a market capitalization of $372.79 billion, a PE ratio of 33.38, a PEG ratio of 0.59 and a beta of 1.34. The stock’s 50 day moving average price is $464.52 and its two-hundred day moving average price is $339.93.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.Dell Technologies’s revenue was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. Analysts expect that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company 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 $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the firm’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $582.01, for a total transaction of $1,047,618.00. Following the sale, the director owned 1,383,800 shares in the company, valued at $805,385,438. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO David Kennedy sold 23,896 shares of Dell Technologies stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $585.02, for a total value of $13,979,637.92. Following the completion of the sale, the chief financial officer directly owned 159,201 shares of the company’s stock, valued at approximately $93,135,769.02. This represents a 13.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,083,958 shares of company stock valued at $1,065,770,229. Corporate insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DELL. Premier Financial Group acquired a new stake in shares of Dell Technologies in the second quarter worth approximately $34,000. Wellington Altus USA Inc. increased its position in Dell Technologies by 38.4% during the second quarter. Wellington Altus USA Inc. now owns 1,475 shares of the technology company’s stock worth $636,000 after purchasing an additional 409 shares during the last quarter. Revere Asset Management Inc purchased a new position in Dell Technologies during the second quarter worth approximately $5,524,000. Sequoia Financial Advisors LLC boosted its holdings in shares of Dell Technologies by 4.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 50,146 shares of the technology company’s stock valued at $21,636,000 after purchasing an additional 2,176 shares during the last quarter. Finally, MCF Advisors LLC grew its stake in shares of Dell Technologies by 4.4% during the 2nd quarter. MCF Advisors LLC now owns 2,377 shares of the technology company’s stock valued at $1,026,000 after buying an additional 100 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Company Profile

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.