Dell Technologies (NYSE:DELL) Announces Earnings Results, Beats Estimates By $0.12 EPS

Dell Technologies (NYSE:DELL) released its quarterly earnings results on Tuesday. The technology company reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12, FiscalAI reports. Dell Technologies had a net margin of 5.01% and a negative return on equity of 240.42%. The company had revenue of $27.01 billion for the quarter, compared to the consensus estimate of $27.26 billion. During the same period in the previous year, the firm earned $2.15 EPS. Dell Technologies’s revenue was up 10.8% on a year-over-year basis. Dell Technologies updated its FY 2026 guidance to 9.920-9.920 EPS and its Q4 2026 guidance to 3.500-3.500 EPS.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $133.33 on Thursday. The stock’s 50-day moving average is $143.63 and its 200-day moving average is $130.34. The company has a market cap of $89.65 billion, a P/E ratio of 17.78, a P/E/G ratio of 0.96 and a beta of 1.02. Dell Technologies has a 52-week low of $66.25 and a 52-week high of $168.08.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, October 21st. Dell Technologies’s dividend payout ratio is 30.88%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of Dell Technologies stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total value of $80,739,838.52. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director William D. Green sold 42,736 shares of the firm’s stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $160.00, for a total value of $6,837,760.00. Following the completion of the transaction, the director directly owned 47,619 shares of the company’s stock, valued at approximately $7,619,040. This trade represents a 47.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 4,537,755 shares of company stock worth $642,644,973. Insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. WealthCollab LLC raised its holdings in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares in the last quarter. State of Wyoming acquired a new position in Dell Technologies during the second quarter worth $33,000. Ancora Advisors LLC grew its holdings in shares of Dell Technologies by 18.6% in the 3rd quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock worth $79,000 after purchasing an additional 87 shares during the last quarter. Triumph Capital Management bought a new position in Dell Technologies during the 3rd quarter valued at about $81,000. Finally, MUFG Securities EMEA plc raised its stake in shares of Dell Technologies by 101.8% in the second quarter. MUFG Securities EMEA plc now owns 897 shares of the technology company’s stock valued at $110,000 after acquiring an additional 50,897 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Piper Sandler reissued an “overweight” rating on shares of Dell Technologies in a research note on Wednesday. Susquehanna upped their price target on shares of Dell Technologies from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. UBS Group reduced their price objective on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research report on Wednesday. Cowen reiterated a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Finally, Morgan Stanley lifted their price target on shares of Dell Technologies from $110.00 to $113.00 and gave the stock an “underweight” rating in a research report on Wednesday. Sixteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.11.

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).