Dell Technologies (NYSE:DELL) Stock Price Down 2.3% – Here’s What Happened

Shares of Dell Technologies Inc. (NYSE:DELL) were down 2.3% during mid-day trading on Monday . The stock traded as low as $469.05 and last traded at $479.68. Approximately 5,255,395 shares were traded during trading, a decline of 36% from the average daily volume of 8,274,138 shares. The stock had previously closed at $490.81.

Key Dell Technologies News

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

• Positive Sentiment: AI demand remains the main catalyst. Recent coverage highlights record AI-server orders and Dell’s evolution from a traditional PC maker into a large-scale hardware provider for AI infrastructure. Dell Near All-Time Highs on Record Revenue, AI Demand
• Positive Sentiment: Analyst and momentum support is strong. Dell was listed among stocks with strong relative price-strength signals, while bullish commentary points to continued growth from AI servers and related infrastructure spending. Bull of the Day: Dell
• Positive Sentiment: Alienware extended its Team Liquid partnership through 2031. The five-year esports agreement supports Dell’s gaming-brand visibility, though it is unlikely to materially affect near-term earnings. Team Liquid and Alienware Extend Esports Partnership
• Neutral Sentiment: Dell will report fiscal second-quarter 2027 results on Sept. 1. The company plans to release results before a conference call at 3:30 p.m. CDT, giving investors a near-term event for updated AI demand, margins and guidance. Dell to Hold Fiscal Second-Quarter Conference Call
• Negative Sentiment: Valuation and technical risks are increasing. After its substantial rally, Dell trades at an elevated earnings multiple and near its 52-week high, leaving the stock more sensitive to any slowdown in AI orders, execution issues or disappointing guidance.
• Negative Sentiment: A DDR5 patent dispute briefly pressured AI-server makers, including Dell. The International Trade Commission complaint creates a potential supply-chain and legal overhang, although the articles do not indicate a direct financial impact on Dell. DDR5 Patent Fight Hits AI Server Makers

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DELL shares. Barclays lowered Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. increased their target price on Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. The Goldman Sachs Group raised their price target on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a report on Monday, June 1st. Argus lifted their price target on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Piper Sandler increased their price objective on shares of Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $494.33.

Dell Technologies Price Performance

The stock has a market cap of $303.70 billion, a PE ratio of 37.22, a PEG ratio of 1.03 and a beta of 1.33. The company has a 50 day moving average price of $425.18 and a two-hundred day moving average price of $278.93.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same period last year, the firm posted $1.55 earnings per share. Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. 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. As a group, equities analysts predict that Dell Technologies Inc. will post 18.17 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. Dell Technologies’s payout ratio is currently 20.02%.

Insider Activity at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the transaction, the director owned 36,659 shares in the company, valued at $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the sale, the director owned 24,287 shares in the company, valued at $11,123,203.13. This represents a 88.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683 over the last three months. 41.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Dell Technologies in the fourth quarter worth approximately $607,349,000. Wellington Management Group LLP raised its position in shares of Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the period. Invesco Ltd. lifted its stake in shares of Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation boosted its holdings in Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after buying an additional 2,258,797 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Dell Technologies by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after buying an additional 1,355,841 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

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.