Dell Technologies (NYSE:DELL) Price Target Raised to $160.00

Key Points

• Dell Technologies' price target has been raised by Evercore ISI from $150.00 to $160.00, suggesting a potential upside of 15.07% from its current stock price.
• Multiple research firms have recently updated their ratings on Dell, with Bank of America increasing their target to $165.00 and maintaining a "buy" rating.
• Insider trading activity includes significant share sales by CEO Michael S. Dell and General Counsel Richard J. Rothberg, indicating a shift in insider holdings.

Dell Technologies (NYSE:DELL - Free Report) had its price objective boosted by Evercore ISI from $150.00 to $160.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has an outperform rating on the technology company's stock.

DELL has been the topic of several other reports. Morgan Stanley upped their price target on Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. KeyCorp started coverage on Dell Technologies in a research note on Thursday, June 26th. They set a "sector weight" rating for the company. JPMorgan Chase & Co. upped their price objective on Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. TD Cowen upped their price objective on Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a research note on Friday, May 30th. Finally, Wall Street Zen downgraded Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday, July 14th. Sixteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $143.00.

Dell Technologies Price Performance

Shares of DELL stock traded down $2.9620 on Friday, hitting $135.1680. 3,566,467 shares of the stock traded hands, compared to its average volume of 7,115,762. The company has a market capitalization of $91.76 billion, a PE ratio of 21.56, a PEG ratio of 0.97 and a beta of 1.02. Dell Technologies has a 1-year low of $66.25 and a 1-year high of $147.66. The company's fifty day moving average is $126.27 and its 200 day moving average is $108.98.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.13). The firm had revenue of $23.38 billion for the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The business's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.27 earnings per share. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. As a group, equities research analysts expect that Dell Technologies will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, July 22nd. This represents a $2.10 annualized dividend and a yield of 1.6%. Dell Technologies's dividend payout ratio (DPR) is currently 33.49%.

Insider Buying and Selling at Dell Technologies

In other news, CEO Michael S. Dell sold 10,000,000 shares of the company's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the completion of the sale, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at $3,168,289,707.07. This represents a 27.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $112.83, for a total value of $59,482,509.21. Following the sale, the director owned 938,741 shares in the company, valued at approximately $105,918,147.03. The trade was a 35.96% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,989,063 shares of company stock valued at $1,583,673,412. Corporate insiders own 42.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock worth $2,653,032,000 after acquiring an additional 1,145,658 shares in the last quarter. State Street Corp grew its stake in Dell Technologies by 2.1% during the 2nd quarter. State Street Corp now owns 14,099,317 shares of the technology company's stock valued at $1,728,576,000 after acquiring an additional 292,167 shares in the last quarter. Capital World Investors grew its stake in Dell Technologies by 0.6% during the 4th quarter. Capital World Investors now owns 12,460,949 shares of the technology company's stock valued at $1,436,000,000 after acquiring an additional 72,271 shares in the last quarter. Boston Partners grew its stake in Dell Technologies by 15.0% during the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company's stock valued at $725,586,000 after acquiring an additional 771,966 shares in the last quarter. Finally, Norges Bank purchased a new position in Dell Technologies during the 2nd quarter valued at about $528,279,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

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).