Shares of Dell Technologies Inc. (NYSE:DELL – Get Free Report) fell 9.1% on Wednesday. The stock traded as low as $366.62 and last traded at $371.4170. Approximately 10,701,897 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 8,190,415 shares. The stock had previously closed at $408.40.
Key Headlines Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
- Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
- Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on DELL. Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a research note on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price objective for the company. Piper Sandler reaffirmed an “overweight” rating and issued a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price on the stock in a research note on Wednesday, September 2nd. Sanford C. Bernstein boosted their price objective on shares of Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $569.96.
View Our Latest Report on Dell Technologies
Dell Technologies Trading Up 3.8%
The stock has a 50-day simple moving average of $504.83 and a two-hundred day simple moving average of $336.43. The firm has a market capitalization of $209.19 billion, a P/E ratio of 19.10, a price-to-earnings-growth ratio of 0.39 and a beta of 1.45.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter last year, the firm earned $1.70 EPS. The business’s revenue for the quarter was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, research analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.
Dell Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th were given a $0.63 dividend. The ex-dividend date was Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.8%. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.
Insiders Place Their Bets
In other Dell Technologies news, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $460.00, for a total transaction of $930,120.00. Following the transaction, the director owned 25,686 shares of the company’s stock, valued at $11,815,560. The trade was a 7.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Egon Durban sold 1,850 shares of Dell Technologies stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total value of $1,014,540.00. Following the completion of the transaction, the director owned 1,405,236 shares in the company, valued at $770,631,422.40. This trade represents a 0.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is currently owned by company insiders.
Institutional Trading of Dell Technologies
Institutional investors and hedge funds have recently bought and sold shares of the company. Financial Freedom LLC acquired a new stake in shares of Dell Technologies during the third quarter valued at $115,000. Valmark Advisers Inc. purchased a new position in Dell Technologies in the 3rd quarter valued at about $291,000. JW Asset Management LLC increased its holdings in Dell Technologies by 400.0% during the 3rd quarter. JW Asset Management LLC now owns 17,500 shares of the technology company’s stock worth $9,414,000 after purchasing an additional 14,000 shares during the last quarter. Money Concepts Capital Corp boosted its stake in Dell Technologies by 117.2% during the 3rd quarter. Money Concepts Capital Corp now owns 1,566 shares of the technology company’s stock valued at $842,000 after acquiring an additional 845 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of Dell Technologies by 72.3% in the 3rd quarter. Allworth Financial LP now owns 112,383 shares of the technology company’s stock worth $60,456,000 after acquiring an additional 47,144 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.
About Dell Technologies
Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.
The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.
Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.
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