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

Dell Technologies Inc. (NYSE:DELL) shares were down 2.3% during mid-day trading on Tuesday . The stock traded as low as $458.50 and last traded at $468.60. Approximately 5,452,190 shares were traded during trading, a decline of 34% from the average daily volume of 8,250,679 shares. The stock had previously closed at $479.81.

Key Dell Technologies News

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

• Positive Sentiment: Analysts continue to highlight Dell’s transformation from a traditional PC maker into a major supplier of AI servers. Record AI-related orders, strong revenue growth and institutional demand are supporting the bullish view that the company can benefit from sustained data-center spending. Bull of the Day: Dell
• Positive Sentiment: Dell was identified as a relative-price-strength pick alongside companies showing solid earnings and expanding market participation, reinforcing its momentum appeal. The stock’s strong recent performance and trading near its highs may attract additional momentum investors. 5 Top Stocks With Strong Relative Price Strength Signals
• Positive Sentiment: Alienware, Dell’s gaming brand, extended its partnership with Team Liquid through 2031. The five-year agreement provides continued brand visibility in esports, although it is likely to have a limited effect on near-term financial results. Team Liquid and Alienware Extend Esports’ Longest-Running Partnership
• Neutral Sentiment: Penguin Solutions’ expanding AI partner network, including relationships with Dell and NVIDIA, points to broader demand for full-stack AI Factory deployments. The report is an indirect positive read-through for Dell’s ecosystem, rather than a new Dell contract or forecast. Penguin Solutions’ Partner Network Broadens
• Negative Sentiment: A fresh DDR5 patent complaint filed with the International Trade Commission has pressured AI-server makers, including Dell. Investors may be concerned about potential litigation costs, supply-chain disruption or restrictions affecting server shipments, even though the ultimate impact remains uncertain. DDR5 Patent Fight Hits AI Server Makers

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. TD Cowen lifted their price target on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Sanford C. Bernstein boosted their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Roth Capital started coverage on Dell Technologies in a report on Friday, May 29th. They set a “buy” rating on the stock. Finally, Susquehanna set a $289.00 price target on Dell Technologies and gave the stock a “neutral” rating in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $494.33.

Dell Technologies Price Performance

The company’s 50-day simple moving average is $423.42 and its two-hundred day simple moving average is $276.46. The firm has a market capitalization of $303.70 billion, a P/E ratio of 37.22, a P/E/G ratio of 1.03 and a beta of 1.33.

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

Dell Technologies Dividend Announcement

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

Insider Activity

In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 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 value of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This represents a 88.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 175,901 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 $80,560,898.99. Following the sale, the director owned 36,659 shares in the company, valued at approximately $16,789,455.41. The trade was a 82.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,434,758 shares of company stock worth $1,448,870,683 in the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies in the 4th quarter worth $25,000. Rossby Financial LCC grew its position in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC bought a new position in Dell Technologies in the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies during the 4th quarter valued at approximately $29,000. Finally, WealthCollab LLC raised its position in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares during the last quarter. 76.37% of the stock is currently 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.