Key Points
- Silver Lake Partners director sold 41,434 Dell shares at an average price of $558.74, generating approximately $23.15 million. The sale reduced the director’s ownership by 49.35%, though 42,533 shares remain.
- Dell reported strong quarterly results, with adjusted earnings of $7.04 per share and revenue of $46.97 billion, exceeding analyst expectations; revenue increased 57.7% year over year.
- Analysts remain broadly bullish, with Dell receiving a “Moderate Buy” consensus rating and an average price target of $560.24, supported by strong AI-server demand and a substantial backlog.
Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 41,434 shares of the company's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $558.74, for a total transaction of $23,150,833.16. Following the transaction, the director directly owned 42,533 shares in the company, valued at approximately $23,764,888.42. This trade represents a 49.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Dell Technologies Stock Up 1.7%
Shares of NYSE DELL opened at $543.51 on Wednesday. The stock has a market capitalization of $352.25 billion, a price-to-earnings ratio of 31.54, a price-to-earnings-growth ratio of 0.55 and a beta of 1.34. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $568.67. The firm has a 50-day moving average price of $456.43 and a 200 day moving average price of $330.78.
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. 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 analyst estimates of $44.89 billion. During the same period in the prior year, the business posted $1.70 earnings per share. The firm's revenue for the quarter was up 57.7% compared to the same quarter last year. 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. Equities research analysts expect that Dell Technologies Inc. will post 25.14 EPS for the current fiscal year.
Dell Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies's payout ratio is currently 14.63%.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. Royal Bank Of Canada initiated coverage on Dell Technologies in a research report on Thursday, September 10th. They issued an "outperform" rating and a $640.00 price target for the company. Raymond James Financial increased their price objective on shares of Dell Technologies from $500.00 to $617.00 and gave the company an "outperform" rating in a research note on Wednesday, September 2nd. Argus increased their price target on shares of Dell Technologies from $200.00 to $460.00 and gave the company a "buy" rating in a research report on Friday, May 29th. Mizuho raised their price objective on shares of Dell Technologies from $500.00 to $600.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on Dell Technologies from $565.00 to $635.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 2nd. 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 company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $560.24.
Get Our Latest Report on Dell Technologies
Institutional Investors Weigh In On Dell Technologies
Hedge funds have recently modified their holdings of the company. Cornerstone Financial Management LLC boosted its position in 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 acquiring an additional 23 shares during the last quarter. Byrne Asset Management LLC acquired a new position in Dell Technologies in the 2nd quarter valued at $38,000. Atwood & Palmer Inc. lifted its stake in shares of Dell Technologies by 860.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company's stock worth $41,000 after purchasing an additional 86 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Dell Technologies during the second quarter worth $43,000. Finally, Allied Private Wealth LLC purchased a new stake in shares of Dell Technologies in the second quarter valued at $63,000. 76.37% of the stock is owned by institutional investors and hedge funds.
Key Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell’s CFO David Kennedy reportedly highlighted strong AI-related demand and the company’s substantial server backlog at Citi’s TMT Conference. Investors viewed the comments as supportive of continued growth and execution. Why Is Dell Stock Rising Today, Sept. 15?
- Positive Sentiment: European AI-chip challenger Axelera is adding an inference option to Dell servers. Although the near-term sales opportunity is expected to be modest relative to Dell’s backlog, the expanded hardware ecosystem strengthens Dell’s position as an AI infrastructure supplier. Dell Jumps as Europe’s AI Chip Challenger Enters Its Servers
- Positive Sentiment: Analyst and investor commentary remains bullish, citing Dell’s AI-server opportunity, strong recent earnings, and potential for further gains. Dell’s latest quarter included revenue growth of 57.7% year over year and earnings well above consensus, providing fundamental support for the rally. Dell Technologies Rallies on Bullish RBC Outlook
- Neutral Sentiment: Dell subsidiaries completed a $5 billion senior-notes offering. The financing should provide liquidity and may support debt refinancing, but it also underscores the company’s need to manage borrowing as AI infrastructure expansion requires significant capital. Dell Technologies Completes $5 Billion Senior Notes Offering
- Negative Sentiment: Silver Lake-related directors and affiliated entities disclosed sizable sales totaling more than $100 million at prices near $559 per share. The transactions may create some short-term overhang and raise profit-taking concerns after Dell’s extraordinary run, although the sellers retain substantial positions.
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.
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