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

Shares of Dell Technologies Inc. (NYSE:DELLGet Free Report) have earned an average rating of “Moderate Buy” from the twenty-three research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $163.2778.

Several equities analysts have issued reports on the stock. UBS Group decreased their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Morgan Stanley lifted their price target on shares of Dell Technologies from $101.00 to $110.00 and gave the stock an “underweight” rating in a report on Friday, February 27th. Citigroup reduced their price objective on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Piper Sandler decreased their price objective on Dell Technologies from $172.00 to $167.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Finally, The Goldman Sachs Group initiated coverage on Dell Technologies in a research report on Tuesday, January 13th. They set a “buy” rating and a $165.00 target price for the company.

View Our Latest Stock Report on DELL

Dell Technologies Trading Down 2.5%

Shares of DELL stock opened at $149.18 on Thursday. The firm has a market capitalization of $98.86 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 0.71 and a beta of 0.97. The business’s 50-day moving average price is $127.03 and its 200-day moving average price is $133.38. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $168.08.

Dell Technologies (NYSE:DELLGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same quarter last year, the business earned $2.68 EPS. The firm’s quarterly revenue was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, sell-side analysts predict that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.7%. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, April 21st. Dell Technologies’s dividend payout ratio is 28.90%.

Insider Buying and Selling

In related news, insider Jennifer D. Saavedra sold 10,200 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $145.00, for a total value of $1,479,000.00. Following the sale, the insider directly owned 252,715 shares in the company, valued at $36,643,675. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the sale, the director directly owned 65,662 shares of the company’s stock, valued at $9,529,526.06. This represents a 69.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,174,964 shares of company stock valued at $173,923,497 over the last ninety days. 42.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of the company. Winnow Wealth LLC acquired a new stake in Dell Technologies during the 2nd quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Dell Technologies in the 4th quarter valued at about $25,000. Rossby Financial LCC boosted its position in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Dell Technologies during the second quarter worth approximately $28,000. Finally, Navalign LLC acquired a new stake in Dell Technologies during the fourth quarter worth approximately $29,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies News Summary

Here are the key news stories impacting Dell Technologies this week:

Dell Technologies Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Dell Technologies (NYSE:DELL)

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