Dell Technologies (NYSE:DELL) Given New $155.00 Price Target at The Goldman Sachs Group

Dell Technologies (NYSE:DELL) had its price objective boosted by The Goldman Sachs Group from $150.00 to $155.00 in a research report report published on Tuesday,MarketScreener reports. The Goldman Sachs Group currently has a buy rating on the technology company’s stock.

Other equities research analysts also recently issued reports about the company. Wells Fargo & Company lifted their price objective on Dell Technologies from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, August 29th. KeyCorp initiated coverage on shares of Dell Technologies in a research note on Thursday, June 26th. They issued a “sector weight” rating for the company. Sanford C. Bernstein initiated coverage on shares of Dell Technologies in a research note on Monday, September 15th. They issued an “outperform” rating and a $175.00 target price for the company. Barclays lifted their target price on shares of Dell Technologies from $131.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 17th. Finally, Susquehanna reiterated a “neutral” rating and issued a $125.00 target price on shares of Dell Technologies in a research note on Wednesday, August 13th. Sixteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $148.50.

Dell Technologies Stock Up 5.7%

DELL stock opened at $141.51 on Tuesday. The business’s 50-day simple moving average is $130.82 and its 200 day simple moving average is $114.04. The company has a market cap of $95.15 billion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 0.92 and a beta of 1.01. Dell Technologies has a twelve month low of $66.25 and a twelve month high of $147.66.

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

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s payout ratio is 30.88%.

Insider Buying and Selling

In related news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William D. Green sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $7,000,000.00. Following the completion of the transaction, the director owned 45,045 shares of the company’s stock, valued at $6,306,300. This trade represents a 52.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,204,462 shares of company stock worth $420,370,484 in the last quarter. Insiders own 42.00% of the company’s stock.

Institutional Trading of Dell Technologies

A number of institutional investors have recently bought and sold shares of the business. Rydar Equities Inc. acquired a new stake in Dell Technologies during the 2nd quarter worth $642,000. Corient Private Wealth LLC grew its holdings in Dell Technologies by 3.9% during the 2nd quarter. Corient Private Wealth LLC now owns 113,615 shares of the technology company’s stock worth $13,929,000 after acquiring an additional 4,221 shares during the period. Caldwell Trust Co acquired a new stake in Dell Technologies during the 2nd quarter worth $42,000. Reynders McVeigh Capital Management LLC acquired a new stake in Dell Technologies during the 2nd quarter worth $261,000. Finally, Orion Porfolio Solutions LLC grew its holdings in Dell Technologies by 8.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 4,414 shares of the technology company’s stock worth $541,000 after acquiring an additional 327 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

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).