Dell Technologies (NYSE:DELL) Earns Hold (C+) Rating from Weiss Ratings

Key Points

• Dell Technologies' stock has been reaffirmed with a "hold (C+)" rating by Weiss Ratings following a series of positive analyst reports that boosted price targets significantly.
• The company's recent quarterly earnings surpassed estimates with $2.32 earnings per share and a revenue of $29.78 billion, reflecting a 19% year-over-year increase.
• Insider trading reports reveal substantial sales of shares, with insiders selling over 4.7 million shares worth approximately $655 million in the last three months.

Dell Technologies (NYSE:DELL - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Other equities analysts also recently issued research reports about the company. Daiwa Capital Markets increased their price objective on Dell Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, September 11th. The Goldman Sachs Group increased their price objective on Dell Technologies from $150.00 to $155.00 and gave the stock a "buy" rating in a report on Tuesday, September 30th. UBS Group increased their price objective on Dell Technologies from $155.00 to $186.00 and gave the stock a "buy" rating in a report on Wednesday. Evercore ISI increased their target price on Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a research note on Friday, August 15th. Finally, Wells Fargo & Company increased their target price on Dell Technologies from $160.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $157.22.

Dell Technologies Stock Performance

Shares of Dell Technologies stock traded up $13.64 during midday trading on Wednesday, reaching $164.51. 18,908,589 shares of the company's stock traded hands, compared to its average volume of 7,502,451. The stock has a 50 day moving average of $133.05 and a 200-day moving average of $116.08. The company has a market cap of $110.61 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.03 and a beta of 1.05. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $166.10.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.29 by $0.03. The business had revenue of $29.78 billion during 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 firm's quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the company 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 analysts anticipate that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Insider Transactions at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 565,000 shares of the firm's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. The disclosure for this sale can be found here. In the last three months, insiders sold 4,791,683 shares of company stock worth $655,047,613. 42.00% of the stock is owned by corporate insiders.

Institutional Trading of Dell Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in DELL. Brighton Jones LLC raised its stake in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock valued at $347,000 after purchasing an additional 901 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Dell Technologies by 27.5% in the 1st quarter. Farther Finance Advisors LLC now owns 12,859 shares of the technology company's stock worth $1,183,000 after purchasing an additional 2,771 shares during the period. Yousif Capital Management LLC boosted its holdings in shares of Dell Technologies by 9.2% in the 1st quarter. Yousif Capital Management LLC now owns 37,588 shares of the technology company's stock worth $3,426,000 after purchasing an additional 3,163 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Dell Technologies by 44.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock worth $238,000 after purchasing an additional 809 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Dell Technologies by 94.8% in the 1st quarter. GAMMA Investing LLC now owns 5,914 shares of the technology company's stock worth $539,000 after purchasing an additional 2,878 shares during the period. Institutional investors own 76.37% of the company's stock.

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).

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