Dell Technologies Inc. (NYSE:DELL – Get Free Report)’s share price fell 6.6% on Wednesday . The stock traded as low as $427.54 and last traded at $437.51. 7,002,244 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 8,248,913 shares. The stock had previously closed at $468.65.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Analyst coverage continues to identify Dell as a beneficiary of AI data-center expansion beyond semiconductor manufacturers. Dell’s servers and infrastructure offerings could see sustained demand as customers invest in computing capacity, networking, storage, power and cooling. The Zacks Analyst Blog Highlights Dell, Celestica, Lumentum and Vertiv
- Positive Sentiment: Dell introduced a 2U ObjectScale storage system with up to 9.83 petabytes of capacity, targeting the large-scale data and storage requirements created by AI workloads. The product expands Dell’s opportunity beyond servers and could support additional enterprise infrastructure sales. Dell Targets AI Storage Growth With 9.83PB ObjectScale System
- Positive Sentiment: Dell renewed its Team Liquid partnership, a move intended to strengthen Alienware’s position in premium gaming PCs and peripherals as HP and Corsair increase competition. The agreement is strategically supportive but likely to have a limited near-term earnings effect. Can Team Liquid Partnership Strengthen DELL Against HPQ and CRSR?
- Positive Sentiment: Dell and Emarat signed a memorandum of understanding to accelerate AI adoption and develop technology capabilities. The partnership reinforces Dell’s enterprise and public-sector AI positioning, though financial details were not disclosed. Emarat and Dell Technologies Collaboration
- Neutral Sentiment: A covered-call strategy highlighted by Trefis could generate an advertised annualized income rate of about 21%, but investors may have to sell their Dell shares above a specified price. This is an options-income approach rather than a change to Dell’s business outlook. Own DELL Stock? Here Is How To Collect 21% a Year On It
- Negative Sentiment: A Seeking Alpha contributor downgraded Dell ahead of its second-quarter earnings preview, signaling concerns that expectations or the valuation may be too high. The downgrade could temper the AI-driven rally until the company provides updated results and guidance. I’m Downgrading Dell Ahead of Q2 Earnings
- Negative Sentiment: Recent trading commentary noted a sharp prior-session decline even as the broader market advanced, underscoring elevated volatility and the possibility that investors are taking profits or reassessing Dell’s premium valuation. Dell Stock Slides as Market Rises
Analyst Ratings Changes
A number of equities analysts have recently weighed in on DELL shares. Susquehanna set a $289.00 price target on shares of Dell Technologies and gave the stock a “neutral” rating in a research note on Friday, May 29th. Wells Fargo & Company boosted their target price on Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Sanford C. Bernstein raised their price target on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Truist Financial lifted their price target on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a report on Friday, May 29th. Finally, William Blair assumed coverage on Dell Technologies in a report on Monday, June 1st. They issued a “neutral” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $496.71.
Dell Technologies Stock Up 1.7%
The stock’s 50-day moving average price is $427.38 and its 200 day moving average price is $283.43. The company has a market cap of $286.45 billion, a P/E ratio of 35.11, a price-to-earnings-growth ratio of 0.91 and a beta of 1.33.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business’s quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 EPS. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Analysts expect that Dell Technologies Inc. will post 18.17 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies’s payout ratio is currently 20.02%.
Insider Buying and Selling
In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the sale, the director directly owned 67,990 shares of the company’s stock, valued at approximately $30,836,184.60. This represents a 50.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the sale, the director directly owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. The trade was a 40.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 over the last ninety days. Company insiders own 41.50% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in shares of Dell Technologies by 42.7% during the fourth 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 last quarter. Sivia Capital Partners LLC bought a new position in Dell Technologies in the 2nd quarter worth approximately $328,000. Marshall Wace LLP acquired a new position in Dell Technologies during the 2nd quarter worth $809,000. Gamco Investors INC. ET AL boosted its position in Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after buying an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after buying an additional 34,538 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.
About Dell Technologies
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.
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