Dell Technologies (NYSE:DELL) Stock Jumps 1.4% – Time to Buy?

Dell Technologies Inc. (NYSE:DELL)’s share price shot up 1.4% on Tuesday. The stock traded as high as $467.79 and last traded at $461.6450. 5,030,472 shares traded hands during trading, a decline of 39% from the average session volume of 8,289,193 shares. The stock had previously closed at $455.44.

Key Dell Technologies News

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

• Positive Sentiment: Dell’s expanding AI infrastructure business remains the key bullish catalyst. The company is supplying AI systems and expertise to customers and partners including Honeywell and Accenture, while developing AI-focused PCs, workstations and data platforms for on-premises and edge computing. Large orders, a substantial backlog and deeper partnerships suggest Dell is becoming embedded in customers’ long-term AI buildouts. How AI Server Demand Will Impact Dell Stock Investors
• Positive Sentiment: Dell and Nvidia participated in a $200 million funding round for AI model developer doubleAI. The investment strengthens Dell’s ties to the AI ecosystem and could support future infrastructure demand, although the direct financial impact is not yet clear. Nvidia, Dell back $200M round for AI model developer doubleAI
• Positive Sentiment: A collaboration with PureCS to enhance cybersecurity services in the UAE expands Dell’s channel and enterprise-services relationships, adding incremental support to its broader data-center and digital infrastructure strategy. PureCS, Dell Technologies collaborate to enhance cybersecurity services in UAE

Wall Street Analyst Weigh In

DELL has been the subject of a number of analyst reports. US Capital Advisors set a $625.00 price target on Dell Technologies in a report on Wednesday, September 2nd. Citigroup increased their price objective on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. The Goldman Sachs Group reiterated a “buy” rating on shares of Dell Technologies in a research report on Friday, October 9th. Bank of America boosted their target price on shares of Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Finally, Melius Research upped their target price on shares of Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Trading Up 1.4%

The company’s 50 day simple moving average is $514.49 and its 200 day simple moving average is $396.96. The stock has a market capitalization of $293.52 billion, a PE ratio of 26.79, a PEG ratio of 0.47 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the previous year, the business earned $1.70 EPS. The firm’s revenue was up 57.7% on a year-over-year basis. 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. As a group, analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

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

Insider Activity

In related news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $586.40, for a total value of $1,055,520.00. Following the transaction, the director owned 1,404,569 shares in the company, valued at approximately $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Egon Durban sold 1,850 shares of Dell Technologies stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the transaction, the director directly owned 1,405,236 shares in the company, valued at approximately $770,631,422.40. This trade represents a 0.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,817,628 shares of company stock worth $990,253,476. Insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Hedge funds have recently made changes to their positions in the business. Plato Investment Management Ltd bought a new position in Dell Technologies during the second quarter worth $5,913,000. Kercheville Advisors LLC increased its stake in Dell Technologies by 13.6% during the third quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock valued at $10,113,000 after purchasing an additional 2,250 shares during the last quarter. Gabelli Funds LLC increased its stake in Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares during the last quarter. Segall Bryant & Hamill LLC bought a new stake in Dell Technologies during the first quarter valued at $5,930,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Dell Technologies by 71.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock worth $2,660,000 after purchasing an additional 2,576 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.