Dell Technologies Inc. (NYSE:DELL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Dell Technologies Inc. (NYSE:DELLGet Free Report) have received a consensus rating of “Moderate Buy” from the twenty-five analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $161.2632.

DELL has been the topic of several recent analyst reports. Citigroup reduced their target price on Dell Technologies from $175.00 to $165.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. The Goldman Sachs Group assumed coverage on Dell Technologies in a report on Tuesday, January 13th. They set a “buy” rating and a $165.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, January 21st. Finally, TD Cowen upped their price target on shares of Dell Technologies from $130.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, October 8th.

View Our Latest Research Report on DELL

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction dated 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 owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of DELL. Norges Bank acquired a new position in Dell Technologies during the 2nd quarter worth approximately $528,279,000. Wellington Management Group LLP lifted its position in shares of Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after purchasing an additional 2,937,137 shares in the last quarter. Invesco Ltd. boosted its holdings in Dell Technologies by 82.3% during the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock worth $688,315,000 after purchasing an additional 2,191,317 shares during the last quarter. Franklin Resources Inc. grew its position in Dell Technologies by 541.9% in the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after purchasing an additional 1,685,529 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock valued at $168,462,000 after buying an additional 1,185,454 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Price Performance

Dell Technologies stock opened at $114.73 on Wednesday. The firm has a market capitalization of $76.03 billion, a price-to-earnings ratio of 15.30, a PEG ratio of 0.77 and a beta of 1.03. The company’s 50 day simple moving average is $126.18 and its 200 day simple moving average is $133.56. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08.

Dell Technologies (NYSE:DELLGet Free Report) last posted 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. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same period last year, the business posted $2.15 earnings per share. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. 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. As a group, analysts predict that Dell Technologies will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be paid a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.8%. Dell Technologies’s dividend payout ratio is presently 28.00%.

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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Analyst Recommendations for Dell Technologies (NYSE:DELL)

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