Dell Technologies (NYSE:DELL) Shares Down 1.7% – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL) fell 1.7% on Wednesday. The company traded as low as $487.50 and last traded at $493.2550. 3,979,066 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 8,212,052 shares. The stock had previously closed at $501.96.

Trending Headlines about Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Analysts expect triple-digit year-over-year earnings-per-share growth when Dell reports fiscal third-quarter results, supporting the case for continued momentum. Dell also ended its July quarter with a record $95 billion AI-server backlog, indicating substantial future demand. What You Need to Know Ahead of Dell Technologies Earnings Release
• Positive Sentiment: Dell introduced new cybersecurity and resilience capabilities for AI environments, identity systems and infrastructure, as well as AI-focused personal computers. The announcements strengthen its positioning as an end-to-end provider for enterprise AI deployments and helped drive recent investor enthusiasm. Why Is Dell Stock Soaring Today
• Positive Sentiment: Comparisons with AMD emphasize Dell’s broader AI infrastructure offering, including servers, storage and services. That diversification could benefit Dell as companies build complete AI systems rather than purchase accelerators alone. Advanced Micro Devices vs. Dell Technologies
• Neutral Sentiment: Options-market “max pain” analysis points to roughly $480 by November 20, but this is a positioning theory rather than a fundamental forecast and may contribute to short-term volatility. Dell Max Pain Points to $480
• Neutral Sentiment: Director Lynn Vojvodich Radakovich sold 2,022 shares for approximately $930,120 under a pre-arranged Rule 10b5-1 plan. The transaction may attract attention, but its scheduled nature limits its significance as a bearish signal. Dell Director Share Sale
• Negative Sentiment: Barclays previously downgraded Dell over doubts that the company has delivered a meaningful AI growth inflection. Investors remain concerned that higher memory costs, margin pressure or slower enterprise adoption could limit the earnings benefit from the AI-server backlog. Dell Stock and Barclays Downgrade
• Negative Sentiment: After a substantial year-to-date rally, Dell’s premium valuation leaves the stock vulnerable to profit-taking ahead of earnings. The market is likely seeking evidence that backlog conversion, revenue growth and cash generation can justify current expectations.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DELL. Barclays lowered Dell Technologies from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $603.00 to $574.00 in a report on Wednesday, October 14th. UBS Group reissued an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Bank of America raised their price target on Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Sanford C. Bernstein raised their price target on shares of Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Finally, Morgan Stanley lifted their target price on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research report on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $569.96.

Dell Technologies Stock Performance

The stock’s 50-day moving average price is $512.69 and its two-hundred day moving average price is $325.13. The stock has a market capitalization of $313.62 billion, a PE ratio of 28.63, a P/E/G ratio of 0.47 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. Dell Technologies’s revenue was up 57.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.70 EPS. 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. On average, analysts predict that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director directly owned 73,185 shares in the company, valued at $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the transaction, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,819,650 shares of company stock valued at $991,183,596 over the last ninety days. 41.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dell Technologies

Several large investors have recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in Dell Technologies by 159.8% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 59,182 shares of the technology company’s stock valued at $31,837,000 after acquiring an additional 36,400 shares during the last quarter. Parcion Private Wealth LLC raised its stake in shares of Dell Technologies by 4.4% during the third quarter. Parcion Private Wealth LLC now owns 3,895 shares of the technology company’s stock worth $2,095,000 after purchasing an additional 165 shares during the last quarter. Partners Wealth Management LLC purchased a new stake in shares of Dell Technologies during the third quarter worth approximately $558,000. Soltis Investment Advisors LLC lifted its holdings in shares of Dell Technologies by 161.2% during the third quarter. Soltis Investment Advisors LLC now owns 2,844 shares of the technology company’s stock worth $1,530,000 after purchasing an additional 1,755 shares during the period. Finally, Founders Financial Securities LLC acquired a new position in Dell Technologies in the 3rd quarter valued at $393,000. 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.