Wall Street Zen Upgrades Dell Technologies (NYSE:DELL) to “Strong-Buy”

Dell Technologies (NYSE:DELL) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Several other equities research analysts also recently weighed in on the company. Wells Fargo & Company raised their price target on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. TD Cowen boosted their target price on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Morgan Stanley upped their price target on shares of Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research note on Wednesday, November 26th. Zacks Research lowered shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Finally, Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a research report on Friday, August 29th. Sixteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $162.84.

Dell Technologies Stock Performance

NYSE:DELL opened at $138.81 on Friday. The company’s 50-day simple moving average is $143.99 and its 200-day simple moving average is $131.41. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The stock has a market capitalization of $93.33 billion, a P/E ratio of 18.51, a P/E/G ratio of 0.93 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last announced its 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 net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. During the same period last year, the firm earned $2.15 earnings per share. Dell Technologies’s revenue was up 10.8% compared to the same quarter last year. 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, research analysts forecast that Dell Technologies will post 6.93 EPS for the current year.

Insider Buying and Selling

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

Institutional Trading of Dell Technologies

Institutional investors have recently bought and sold shares of the business. Armstrong Advisory Group Inc. lifted its position 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% in the third 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 during the period. Westside Investment Management Inc. increased its stake in shares of Dell Technologies by 35.8% during the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after purchasing an additional 78 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in Dell Technologies by 0.4% in the 3rd 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 in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in Dell Technologies by 2.3% during the 3rd 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 and hedge funds.

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).