Dell Technologies Inc. (NYSE:DELL – Get Free Report)’s stock price was down 3.6% during mid-day trading on Thursday. The company traded as low as $472.17 and last traded at $475.8080. 3,159,791 shares changed hands during trading, a decline of 61% from the average daily volume of 8,190,128 shares. The stock had previously closed at $493.79.
Dell Technologies News Roundup
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell’s AI server backlog has reached approximately $95 billion, while storage growth and rising earnings estimates strengthen its position in enterprise infrastructure. Everpure vs. Dell: Which Data Storage Stock is the Better Buy Now?
- Positive Sentiment: The company expanded cybersecurity and cyber-resilience products for AI environments, identity platforms and storage, including post-quantum security capabilities. The announcement reinforces Dell’s broader AI infrastructure offering and helped support recent investor enthusiasm. Why is Dell (DELL) stock soaring today
- Positive Sentiment: Analysts expect triple-digit year-over-year earnings-per-share growth in the forthcoming quarterly report, keeping attention focused on whether AI server demand is translating into stronger profits. What You Need to Know Ahead of Dell Technologies’ Earnings Release
- Neutral Sentiment: Several market commentaries continue to identify Dell as a founder-led technology company with long-term AI and infrastructure growth potential, but these articles provide limited new financial information. Founder-Led Giants Redefining Technology and Global Market Growth
- Negative Sentiment: Investors are increasingly questioning whether Dell’s rally has outrun its fundamentals. A reported collapse in cash flow and negative shareholders’ equity raise concerns about balance-sheet quality and the sustainability of AI-driven gains. The Next AI Stock to Break Out May Not Be on Most Investors’ Radar
- Negative Sentiment: Options positioning points to a potential price level near $480 by November 20, suggesting traders may expect consolidation after the stock’s sharp advance. Insider selling and elevated expectations ahead of earnings add further reasons for caution. Dell Max Pain Points to a Price of $480 by November 20th
Wall Street Analysts Forecast Growth
Several brokerages have commented on DELL. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target on the stock in a research report on Wednesday, September 2nd. Bank of America increased their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, August 31st. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Royal Bank Of Canada started coverage on shares of Dell Technologies in a report on Thursday, September 10th. They set an “outperform” rating and a $640.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $569.96.
View Our Latest Report on DELL
Dell Technologies Stock Performance
The company’s 50-day moving average price is $513.18 and its 200 day moving average price is $327.00. The stock has a market capitalization of $302.52 billion, a PE ratio of 27.62, a PEG ratio of 0.47 and a beta of 1.37.
Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share 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 period in the previous year, the firm posted $1.70 EPS. The business’s revenue 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. Analysts expect that Dell Technologies Inc. will post 25.13 earnings per share for the current year.
Dell Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.
Insiders Place Their Bets
In other news, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the transaction, the director owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is owned by corporate insiders.
Institutional Trading of Dell Technologies
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Plato Investment Management Ltd purchased a new position in shares of Dell Technologies in the 2nd quarter worth about $5,913,000. Kercheville Advisors LLC lifted its stake in shares of Dell Technologies by 13.6% in the third quarter. Kercheville Advisors LLC now owns 18,800 shares of the technology company’s stock worth $10,113,000 after buying an additional 2,250 shares in the last quarter. Gabelli Funds LLC lifted its stake in shares of Dell Technologies by 49.0% in the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after buying an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Dell Technologies during the first quarter valued at approximately $5,930,000. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Dell Technologies by 71.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after buying an additional 2,576 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.
Dell Technologies Company Profile
Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.
The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.
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