Dell Technologies (NYSE:DELL) Downgraded to Buy Rating by Wall Street Zen

Dell Technologies (NYSE:DELL) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Sunday.

Several other research analysts have also recently commented on the stock. Evercore ISI set a $180.00 target price on shares of Dell Technologies and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Argus raised their target price on Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Morgan Stanley boosted their price target on Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 26th. Citigroup reissued a “buy” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Finally, Cowen restated a “hold” rating on shares of Dell Technologies in a research note on Friday, August 29th. Sixteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $162.84.

Dell Technologies Stock Down 6.3%

Shares of DELL opened at $129.82 on Friday. The firm has a market cap of $87.28 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.87 and a beta of 1.03. The business’s 50 day moving average is $143.49 and its two-hundred day moving average is $132.41. Dell Technologies has a 52-week low of $66.25 and a 52-week high of $168.08.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. On average, equities analysts expect that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of the stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total transaction of $80,739,838.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the sale, the director directly owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 4,608,755 shares of company stock valued at $652,451,493. Corporate insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Winnow Wealth LLC acquired a new stake in shares of Dell Technologies during the second quarter worth approximately $25,000. Westside Investment Management Inc. lifted its position in Dell Technologies by 84.7% in the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after buying an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at $28,000. Central Pacific Bank Trust Division purchased a new position in shares of Dell Technologies during the 2nd quarter valued at $29,000. Finally, Johnson Financial Group Inc. increased its stake in shares of Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds 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).