Key Points
- Insider selling: Dell director Spv-2 L.P. sold 48,097 shares for approximately $26.0 million at an average price of $540.39, reducing its ownership by 50.37% to 47,386 shares.
- Strong operating performance: Dell reported quarterly EPS of $7.04 versus the $4.91 consensus estimate, while revenue rose 57.7% year over year to $46.97 billion. Shares opened at $566.62, near their 12-month high.
- Analyst and AI tailwinds: Analysts maintain a “Moderate Buy” consensus with an average price target of $560.24, while enterprise AI investment, strong server demand and a substantial backlog continue to support Dell’s growth outlook.
Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 27,629 shares of the firm's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $540.39, for a total transaction of $14,930,435.31. Following the completion of the transaction, the director directly owned 24,488 shares in the company, valued at approximately $13,233,070.32. This represents a 53.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Dell Technologies Trading Up 11.8%
Shares of NYSE DELL opened at $566.62 on Friday. The stock has a market cap of $367.23 billion, a PE ratio of 32.89, a P/E/G ratio of 0.52 and a beta of 1.34. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $567.75. The company has a 50-day moving average of $451.44 and a 200 day moving average of $323.46.
Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts' expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The business's revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 25.14 EPS for the current fiscal year.
Dell Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. Dell Technologies's payout ratio is 14.63%.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
- Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
- Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
- Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
- Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
- Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Barclays lifted their price target on Dell Technologies from $550.00 to $603.00 and gave the stock an "overweight" rating in a report on Wednesday, September 2nd. Susquehanna set a $289.00 price objective on shares of Dell Technologies and gave the company a "neutral" rating in a report on Friday, May 29th. Piper Sandler reaffirmed an "overweight" rating and set a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. JPMorgan Chase & Co. boosted their target price on shares of Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a report on Wednesday, September 2nd. Finally, Morgan Stanley increased their price target on shares of Dell Technologies from $434.00 to $499.00 and gave the company an "equal weight" rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $560.24.
Read Our Latest Report on Dell Technologies
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its position in shares of Dell Technologies by 41,141.5% during the second quarter. California State Teachers Retirement System now owns 198,605,353 shares of the technology company's stock worth $85,690,266,000 after buying an additional 198,123,786 shares during the period. State Street Corp lifted its stake in Dell Technologies by 1.8% during the 4th 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 lifted its stake in Dell Technologies by 7.6% during the 1st 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 in the last quarter. Geode Capital Management LLC boosted its holdings in Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock valued at $939,808,000 after acquiring an additional 108,011 shares during the period. Finally, Invesco Ltd. grew its position in Dell Technologies by 50.4% in the 4th 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 currently owned by institutional investors and hedge funds.
About Dell Technologies
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
