Dell Technologies Inc. (NYSE:DELL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of Dell Technologies Inc. (NYSE:DELL – Get Free Report) have received an average rating of “Moderate Buy” from the twenty-five ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $162.8421.

A number of analysts have recently commented on the stock. Mizuho boosted their target price on shares of Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. UBS Group cut their price objective on Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. 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. Raymond James Financial boosted their price target on Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Finally, Daiwa Capital Markets raised their price objective on Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, December 3rd.

Check Out Our Latest Research Report on DELL

Insider Transactions at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ellen Jamison Kullman sold 79,806 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $153.56, for a total transaction of $12,255,009.36. Following the completion of the sale, the director directly owned 65,662 shares of the company’s stock, valued at approximately $10,083,056.72. This trade represents a 54.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,008,030 shares of company stock worth $576,159,860 in the last ninety days. Insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds have recently modified their holdings of the business. Norges Bank purchased a new stake in shares of Dell Technologies in the 2nd quarter valued at approximately $528,279,000. Wellington Management Group LLP raised its stake 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 valued at $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. increased its stake in shares of 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 buying an additional 2,191,317 shares during the period. Franklin Resources Inc. increased its position in shares of Dell Technologies by 541.9% in the 3rd 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 during the last quarter. Finally, Boston Partners raised its stake in Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock valued at $466,418,000 after buying an additional 1,312,600 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Stock Up 0.4%

Dell Technologies stock opened at $130.52 on Tuesday. The firm has a market cap of $87.76 billion, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03. The business’s 50-day moving average price is $143.18 and its 200 day moving average price is $132.66. Dell Technologies has a 52 week low of $66.25 and a 52 week high of $168.08.

Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.15 earnings per share. 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. Equities analysts expect that Dell Technologies will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be issued a $0.525 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies’s dividend payout ratio is presently 28.00%.

Dell Technologies Company Profile

(Get Free Report)

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).

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