Dell Technologies (NYSE:DELL) Trading Down 1.6% – Should You Sell?

by · The Cerbat Gem

Dell Technologies Inc. (NYSE:DELL – Get Free Report) 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 were traded 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

DELL has been the topic of several analyst reports. Zacks Research cut shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, November 17th. Evercore ISI set a $180.00 price objective on shares of Dell Technologies and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Argus increased their target price on Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Finally, The Goldman Sachs Group lifted their price target on Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Sixteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $162.84.

Read Our Latest Report on Dell Technologies

Dell Technologies Stock Performance

The stock has a market cap of $83.39 billion, a PE ratio of 16.78, a P/E/G ratio of 0.85 and a beta of 1.03. The firm’s 50-day moving average is $137.80 and its 200 day moving average is $133.90.

Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same period in the previous year, the business posted $2.15 earnings per share. Dell Technologies’s quarterly revenue was up 10.8% on a year-over-year basis. 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. On average, sell-side analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Insiders Place Their Bets

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the transaction, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William D. Green sold 65,000 shares of Dell Technologies stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the completion of the sale, the director directly owned 47,619 shares in the company, valued at approximately $7,166,659.50. The trade was a 57.72% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,777,379 shares of company stock valued at $270,613,585. 42.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Dell Technologies

Hedge funds have recently added to or reduced their stakes in the company. Winnow Wealth LLC acquired a new position in Dell Technologies during the 2nd quarter worth approximately $25,000. Flaharty Asset Management LLC purchased a new stake in shares of Dell Technologies in the first quarter valued at approximately $27,000. Westside Investment Management Inc. grew its holdings in Dell Technologies by 84.7% during the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after acquiring an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Dell Technologies in the second quarter worth $28,000. Finally, Central Pacific Bank Trust Division acquired a new stake in Dell Technologies in the second quarter valued at $29,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

About Dell Technologies

(Get Free Report)

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.

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