Dell Technologies (NYSE:DELL) Price Target Raised to $185.00

Dell Technologies (NYSE:DELL) had its target price hoisted by The Goldman Sachs Group from $175.00 to $185.00 in a research note released on Wednesday morning,MarketScreener reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other research analysts also recently commented on DELL. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Raymond James Financial boosted their price objective on shares of Dell Technologies from $152.00 to $161.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Wall Street Zen upgraded shares of Dell Technologies from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Piper Sandler initiated coverage on Dell Technologies in a research report on Tuesday, October 21st. They set an “overweight” rating and a $172.00 price target for the company. Finally, Morgan Stanley raised their price target on Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research note on Wednesday. Seventeen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $161.05.

Dell Technologies Trading Down 0.2%

Shares of DELL opened at $133.06 on Wednesday. Dell Technologies has a 12-month low of $66.25 and a 12-month high of $168.08. The company has a market cap of $89.46 billion, a PE ratio of 17.74, a price-to-earnings-growth ratio of 1.01 and a beta of 1.02. The stock has a 50-day moving average price of $143.67 and a 200-day moving average price of $130.57.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.12. The firm had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the company posted $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. Q4 2026 guidance at 3.500-3.500 EPS. As a group, analysts predict that Dell Technologies will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, October 21st were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is 30.88%.

Insider Buying and Selling at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The SEC filing for this sale provides additional information. Insiders have sold 4,537,755 shares of company stock valued at $642,644,973 over the last 90 days. Corporate insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DELL. Winnow Wealth LLC bought a new position in Dell Technologies in the second quarter valued at about $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Dell Technologies during the 1st quarter valued at $26,000. Cheviot Value Management LLC purchased a new position in shares of Dell Technologies in the first quarter valued at about $27,000. Flaharty Asset Management LLC bought a new position in shares of Dell Technologies in the first quarter worth about $27,000. Finally, Westside Investment Management Inc. grew its position in shares of Dell Technologies by 84.7% during the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).