Dell Technologies (NYSE:DELL) Given New $150.00 Price Target at Daiwa Capital Markets

Dell Technologies (NYSE:DELL) had its target price upped by Daiwa Capital Markets from $140.00 to $150.00 in a report released on Wednesday morning,MarketScreener reports. Daiwa Capital Markets currently has an outperform rating on the technology company’s stock.

A number of other research analysts also recently commented on DELL. TD Cowen boosted their price objective on shares of Dell Technologies from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Raymond James Financial lifted their price objective on Dell Technologies from $161.00 to $166.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Bank of America boosted their target price on Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Finally, Sanford C. Bernstein raised their price target on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Sixteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Stock Down 1.8%

DELL opened at $133.54 on Wednesday. The firm has a market capitalization of $89.79 billion, a P/E ratio of 17.80, a PEG ratio of 0.91 and a beta of 1.03. The stock has a fifty day moving average of $143.66 and a 200-day moving average of $131.19. Dell Technologies has a 12-month low of $66.25 and a 12-month high of $168.08.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same period in the previous year, the firm earned $2.15 earnings per share. Dell Technologies’s quarterly revenue was up 10.8% on a year-over-year basis. 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. On average, analysts expect that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $132.32, for a total value of $74,760,800.00. The SEC filing for this sale provides additional information. Insiders sold a total of 4,537,755 shares of company stock worth $642,644,973 over the last quarter. 42.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dell Technologies

Several hedge funds have recently modified their holdings of DELL. Armstrong Advisory Group Inc. lifted its stake in shares of Dell Technologies by 3.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock valued at $259,000 after buying an additional 63 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in shares of Dell Technologies by 1.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after purchasing an additional 71 shares in the last quarter. Westside Investment Management Inc. raised its position in shares of Dell Technologies by 35.8% in the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after buying an additional 78 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in Dell Technologies by 0.4% during the third quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock valued at $3,067,000 after buying an additional 78 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its position in Dell Technologies by 2.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock worth $504,000 after buying an additional 81 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Company Profile

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).