Dell Technologies (NYSE:DELL) Trading 1.7% Higher – Here’s Why

Dell Technologies Inc. (NYSE:DELL)’s share price was up 1.7% on Tuesday . The stock traded as high as $538.47 and last traded at $533.27. 6,564,988 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 8,361,538 shares. The stock had previously closed at $524.14.

Key Headlines Impacting Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Dell reported approximately $60.9 billion in AI-server orders and a roughly $95 billion backlog. The figures reinforce expectations that AI infrastructure demand will remain strong, although investors are watching how quickly the backlog converts into revenue and cash flow. Dell AI-server orders and backlog
• Positive Sentiment: Recent quarterly results remain supportive: Dell delivered $7.04 in adjusted earnings per share versus the $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. Analysts have continued to raise price targets and maintain generally bullish ratings. Dell AI-server orders and earnings
• Positive Sentiment: CEO Michael Dell said the structural shortage of AI-driven computing capacity could worsen in 2027, supporting the view that demand may extend beyond the current upgrade cycle. Dell is also positioning itself for enterprise and on-premise AI deployments, not only hyperscale cloud spending. Dell CEO on AI compute shortage
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt while supporting its AI-server expansion. The financing may improve flexibility, but investors will monitor interest expense, leverage and returns on infrastructure investment. Dell bond offering
• Negative Sentiment: AI-server stocks are retreating as the recent rally unwinds, with no specific company announcement cited as the catalyst. Dell’s shares have risen more than 300% over the past year, increasing the likelihood of profit-taking and making the stock more sensitive to any disappointment.
• Negative Sentiment: Insiders, including Silver Lake-affiliated directors and Dell’s chief marketing officer, have sold substantial amounts of stock near recent highs. The transactions may reflect diversification, but they add a cautionary signal alongside Dell’s elevated valuation. Dell insider selling

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DELL shares. Wells Fargo & Company boosted their target price on Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. HSBC raised Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Daiwa Securities Group raised their target price on shares of Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. Finally, The Goldman Sachs Group upped their price target on shares of Dell Technologies from $510.00 to $570.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. One equities research 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. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $560.24.

Dell Technologies Trading Down 5.3%

The firm has a market cap of $328.68 billion, a PE ratio of 29.43, a PEG ratio of 0.55 and a beta of 1.34. The firm has a fifty day simple moving average of $445.73 and a two-hundred day simple moving average of $319.04.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 earnings per share. 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 analysts expect that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. Dell Technologies’s payout ratio is presently 14.63%.

Insider Activity

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares of the company’s stock, valued at $33,217,884.06. This represents a 58.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the sale, the director owned 73,185 shares of the company’s stock, valued at $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,301,517 shares of company stock worth $607,019,380 in the last quarter. 41.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Cornerstone Financial Management LLC lifted its holdings in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after purchasing an additional 23 shares during the last quarter. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies in the 2nd quarter worth approximately $38,000. Atwood & Palmer Inc. increased its position in Dell Technologies by 860.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock valued at $41,000 after buying an additional 86 shares in the last quarter. Comprehensive Financial Planning Inc. PA purchased a new position in Dell Technologies during the second quarter valued at $43,000. Finally, Allied Private Wealth LLC purchased a new position in Dell Technologies during the second quarter valued at $63,000. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

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.