Dell Technologies (NYSE:DELL) Shares Down 1.6% – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL) shares dropped 1.6% during mid-day trading on Wednesday . The stock traded as low as $125.78 and last traded at $125.84. Approximately 2,908,872 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 7,084,723 shares. The stock had previously closed at $127.92.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DELL. Sanford C. Bernstein lifted their price objective on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Raymond James Financial lifted their target price on shares of Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Wells Fargo & Company boosted their price target on shares of Dell Technologies from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Piper Sandler reaffirmed an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Dell Technologies in a report on Wednesday, October 8th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.84.

Dell Technologies Price Performance

The firm’s 50 day moving average is $136.75 and its 200 day moving average is $133.79. The company has a market cap of $83.39 billion, a PE ratio of 16.78, a PEG ratio of 0.84 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. The firm had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last 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, analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

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

Insider Transactions at Dell Technologies

In other news, Director William D. Green sold 42,736 shares of Dell Technologies stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $160.00, for a total transaction of $6,837,760.00. Following the completion of the sale, the director owned 47,619 shares in the company, valued at approximately $7,619,040. This trade represents a 47.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of the business’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $151.63, for a total value of $1,003,335.71. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,710,159 shares of company stock worth $260,506,809. 42.00% of the stock is owned by insiders.

Institutional Trading of Dell Technologies

Hedge funds have recently made changes to their positions in the stock. Winnow Wealth LLC bought a new position in Dell Technologies in the second quarter valued at $25,000. Flaharty Asset Management LLC purchased a new position in shares of Dell Technologies in the 1st quarter worth about $27,000. Westside Investment Management Inc. increased its position in shares of Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Dell Technologies during the 2nd quarter valued at about $28,000. Finally, Central Pacific Bank Trust Division bought a new stake in Dell Technologies in the 2nd quarter worth approximately $29,000. 76.37% of the stock is owned by 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.