Dell Technologies (NYSE:DELL) Price Target Raised to $133.00 at Barclays

Dell Technologies (NYSE:DELL) had its target price upped by Barclays from $131.00 to $133.00 in a report published on Wednesday morning, MarketBeat.com reports. They currently have an equal weight rating on the technology company’s stock.

Several other equities research analysts also recently weighed in on the company. Sanford C. Bernstein assumed coverage on Dell Technologies in a research report on Monday. They issued an “outperform” rating and a $175.00 target price for the company. TD Cowen upped their target price on Dell Technologies from $125.00 to $130.00 and gave the stock a “hold” rating in a research report on Friday, August 29th. JPMorgan Chase & Co. upped their target price on Dell Technologies from $125.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Fox Advisors downgraded Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Finally, The Goldman Sachs Group set a $140.00 price target on Dell Technologies and gave the stock a “buy” rating in a research report on Thursday, August 28th. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $147.67.

Dell Technologies Stock Performance

Shares of DELL stock opened at $132.20 on Wednesday. The stock has a fifty day moving average price of $129.71 and a 200 day moving average price of $111.93. The stock has a market cap of $88.89 billion, a PE ratio of 19.44, a P/E/G ratio of 0.91 and a beta of 1.01. Dell Technologies has a 1 year low of $66.25 and a 1 year high of $147.66.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm had revenue of $29.78 billion during the quarter, compared to analysts’ expectations of $29.14 billion. During the same period in the previous year, the firm posted $1.89 earnings per share. Dell Technologies’s revenue was up 19.0% on a year-over-year basis. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, equities research analysts predict that Dell Technologies will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid 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 is Tuesday, October 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 30.88%.

Insider Activity

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the firm’s stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $126.20, for a total value of $78,875,000.00. Following the sale, the director directly owned 960,050 shares of the company’s stock, valued at approximately $121,158,310. This represents a 39.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,693,392 shares of company stock worth $1,568,257,000 in the last quarter. 42.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dell Technologies

Large investors have recently modified their holdings of the stock. Winnow Wealth LLC bought a new stake in shares of Dell Technologies during the 2nd quarter worth $25,000. Westside Investment Management Inc. lifted its holdings in shares of Dell Technologies by 84.7% in the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Dell Technologies in the second quarter valued at $28,000. Central Pacific Bank Trust Division purchased a new stake in shares of Dell Technologies in the second quarter valued at $29,000. Finally, Johnson Financial Group Inc. lifted its holdings 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 valued at $31,000 after purchasing an additional 100 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

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).