Dell Technologies (NYSE:DELL) Raised to Buy at Wall Street Zen

Dell Technologies (NYSE:DELL) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Sunday.

DELL has been the topic of several other research reports. Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday. The Goldman Sachs Group assumed coverage on Dell Technologies in a research note on Tuesday, January 13th. They issued a “buy” rating and a $165.00 price target for the company. Zacks Research lowered Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Finally, TD Cowen upped their price objective on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, October 8th. Eighteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Price Performance

Shares of DELL opened at $115.36 on Friday. The company has a market cap of $76.45 billion, a P/E ratio of 15.38, a PEG ratio of 0.77 and a beta of 1.03. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $168.08. The stock has a fifty day moving average price of $126.48 and a 200 day moving average price of $133.69.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping 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 business had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same quarter in the prior year, the firm earned $2.15 earnings per share. The company’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. As a group, research analysts anticipate that Dell Technologies will post 6.93 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the sale, the director directly owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 42.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dell Technologies

Large investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Dell Technologies in the 2nd quarter worth approximately $528,279,000. Wellington Management Group LLP raised its holdings in shares of Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares in the last quarter. Invesco Ltd. boosted its position in Dell Technologies by 82.3% during the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after purchasing an additional 2,191,317 shares during the last quarter. Franklin Resources Inc. grew its stake in Dell Technologies by 541.9% in the third 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 in the last quarter. Finally, AQR Capital Management LLC increased its position in Dell Technologies by 628.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after purchasing an additional 1,185,454 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.