Key Points
- Dell director Silver Lake Partners De (Aiv sold 34,869 shares on July 9 for about $15.8 million at an average price of $453.54, cutting its stake by 44.23%.
- Dell reported strong quarterly results, posting EPS of $4.86 versus the $2.96 estimate and revenue of $43.84 billion, helped by 87.5% year-over-year revenue growth.
- The company declared a quarterly dividend of $0.63 per share, payable July 31, and analysts remain constructive overall with a Moderate Buy consensus and a $492.76 average target price.
Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 34,869 shares of the business's 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 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Dell Technologies Trading Down 1.8%
Shares of DELL opened at $427.24 on Tuesday. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $469.47. The firm has a market capitalization of $276.90 billion, a P/E ratio of 33.93, a P/E/G ratio of 0.93 and a beta of 1.31. The firm has a 50-day moving average price of $358.44 and a 200 day moving average price of $221.33.
Dell Technologies (NYSE:DELL - Get Free Report) last issued its 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. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies's quarterly revenue was up 87.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.55 earnings per share. 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. Equities research analysts predict that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be given 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 of this dividend is Tuesday, July 21st. Dell Technologies's payout ratio is presently 20.02%.
Analyst Ratings Changes
Several equities research analysts have issued reports on DELL shares. Truist Financial raised their target price on Dell Technologies from $170.00 to $360.00 and gave the stock a "hold" rating in a research note on Friday, May 29th. Citigroup began coverage on Dell Technologies in a research note on Monday, June 1st. They issued an "outperform" rating on the stock. Susquehanna set a $289.00 price target on Dell Technologies and gave the stock a "neutral" rating in a report on Friday, May 29th. TD Cowen raised their price objective on Dell Technologies from $150.00 to $450.00 and gave the stock a "hold" rating in a research report on Friday, May 29th. Finally, Sanford C. Bernstein boosted their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company an "outperform" rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $492.76.
Get Our Latest Stock Report on DELL
Institutional Investors Weigh In On Dell Technologies
Several large investors have recently added to or reduced their stakes in DELL. Vanguard Group Inc. lifted its holdings in Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company's stock worth $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. State Street Corp grew its stake in shares of Dell Technologies by 1.8% in the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company's stock worth $1,852,450,000 after acquiring an additional 265,740 shares in the last quarter. Bank of America Corp DE increased its position in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after acquiring an additional 1,011,101 shares during the period. Geode Capital Management LLC increased its position in shares of Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock worth $939,808,000 after acquiring an additional 108,011 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company's stock valued at $919,051,000 after acquiring an additional 2,445,854 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Several articles highlight Dell’s strong AI infrastructure momentum, with commentary saying the company is “winning the AI infrastructure race” thanks to surging demand for AI-optimized servers. Dell Is Winning the AI Infrastructure Race. Here’s What Comes Next After a 250% YTD Rally.
- Positive Sentiment: Another update said PC shipments fell in Q2, but Dell’s AI infrastructure business continues to exceed expectations, which could help offset weakness in its legacy PC segment. PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher
- Positive Sentiment: Analyst coverage also remains constructive, with one note citing Dell’s strong interest coverage and solid growth prospects despite higher borrowing costs. DELL & 3 More Stocks With Strong Interest Coverage to Buy Now
- Neutral Sentiment: Some market commentary focused on Dell’s huge year-to-date run and where the stock could go next, suggesting traders are still debating valuation after a steep rally. Missed DELL’s 248% Run? IGPT Quietly Turned $10K Into $16,600
- Negative Sentiment: Three Dell directors tied to Silver Lake sold large blocks of stock at $453.54 per share, which may raise concerns about insider confidence and helped add to the downside pressure. SEC filing for Silver Lake Partners Iv, L.P. sale
- Negative Sentiment: Another report noted Dell closed lower and underperformed the broader market, reinforcing that investors are taking profits after the recent run-up. Dell Technologies Registers a Bigger Fall Than the Market
About Dell Technologies
(
Get Free Report)
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.
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