Dell Technologies (NYSE:DELL – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 7.710-7.910 for the period, compared to the consensus estimate of 7.860. The company issued revenue guidance of -. Dell Technologies also updated its Q4 guidance to $2.40-2.60 EPS.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on DELL. Bank of America boosted their price objective on Dell Technologies from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Wells Fargo & Company upped their price objective on Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Raymond James reduced their target price on shares of Dell Technologies from $166.00 to $160.00 and set an “outperform” rating on the stock in a report on Friday, August 30th. JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, August 15th. Finally, UBS Group lowered their target price on Dell Technologies from $164.00 to $158.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $146.50.
Get Our Latest Analysis on DELL
Dell Technologies Price Performance
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.32. The firm had revenue of $24.37 billion during the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.62 EPS. On average, equities research analysts expect that Dell Technologies will post 6.93 earnings per share for the current year.
Dell Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were paid a dividend of $0.445 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $1.78 annualized dividend and a dividend yield of 1.26%. Dell Technologies’s payout ratio is 32.72%.
Insider Buying and Selling at Dell Technologies
In other news, insider William F. Scannell sold 42,595 shares of the company’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $117.29, for a total transaction of $4,995,967.55. Following the sale, the insider now directly owns 73,263 shares in the company, valued at $8,593,017.27. This represents a 36.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $122.40, for a total transaction of $1,224,000,000.00. Following the sale, the chief executive officer now directly owns 16,912,241 shares in the company, valued at $2,070,058,298.40. This trade represents a 37.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 17,962,112 shares of company stock valued at $2,114,595,059 over the last three months. 46.70% of the stock is currently owned by insiders.
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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