Dell Technologies (NYSE:DELL) Shares Down 1.5% – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL) traded down 1.5% during mid-day trading on Monday . The stock traded as low as $127.11 and last traded at $127.3490. 3,044,325 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 7,118,735 shares. The stock had previously closed at $129.24.

Analyst Upgrades and Downgrades

Several research firms recently commented on DELL. Citigroup reissued a “buy” rating on shares of Dell Technologies in a research note on Wednesday, November 26th. Barclays lowered their price objective on Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. UBS Group reduced their target price on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Citic Securities boosted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Finally, Morgan Stanley raised their price objective on shares of Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.84.

Dell Technologies Price Performance

The firm has a market cap of $83.39 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 0.85 and a beta of 1.03. The stock has a 50-day moving average price of $137.80 and a 200 day moving average price of $133.90.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. The firm had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The business’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. As a group, equities research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s payout ratio is presently 28.00%.

Insider Transactions at Dell Technologies

In related news, Director Lake Group L.L.C. Silver sold 6,617 shares of the stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total transaction of $1,003,335.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of the company’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $161.48, for a total transaction of $80,739,838.52. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,777,379 shares of company stock worth $270,613,585 over the last 90 days. Company insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of DELL. Shikiar Asset Management Inc. acquired a new stake in Dell Technologies during the third quarter valued at approximately $5,417,000. Carnegie Investment Counsel increased its holdings in shares of Dell Technologies by 904.0% in the 3rd quarter. Carnegie Investment Counsel now owns 18,484 shares of the technology company’s stock valued at $2,620,000 after acquiring an additional 16,643 shares during the last quarter. William Allan Corp raised its position in shares of Dell Technologies by 47.6% during the 2nd quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock valued at $3,175,000 after acquiring an additional 8,355 shares in the last quarter. Modera Wealth Management LLC bought a new position in Dell Technologies during the second quarter worth $241,000. Finally, WASHINGTON TRUST Co boosted its holdings in Dell Technologies by 11,037.8% in the second quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock worth $10,801,000 after purchasing an additional 87,309 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Company Profile

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.