Dell Technologies (NYSE:DELL) Stock Price Down 4.3% – Here’s Why

by · The Markets Daily

Dell Technologies Inc. (NYSE:DELL – Get Free Report) shares were down 4.3% during mid-day trading on Thursday . The company traded as low as $122.90 and last traded at $122.4480. Approximately 1,600,008 shares changed hands during trading, a decline of 78% from the average daily volume of 7,152,031 shares. The stock had previously closed at $127.89.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of research analyst reports. Zacks Research lowered shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Evercore ISI set a $180.00 target price on Dell Technologies and gave the company an “outperform” rating in a research report on Monday, November 3rd. The Goldman Sachs Group increased their price target on Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Fox Advisors lowered Dell Technologies from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 29th. Finally, Daiwa Capital Markets increased their price objective on shares of Dell Technologies from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Sixteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Check Out Our Latest Research Report on DELL

Dell Technologies Trading Down 2.7%

The stock has a market capitalization of $83.67 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 0.89 and a beta of 1.03. The company’s 50-day moving average is $142.11 and its 200 day moving average is $132.79.

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, topping the consensus estimate 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 business had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. 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. Sell-side analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

Insider Buying and Selling at Dell Technologies

In other news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the transaction, the director owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. The trade was a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ellen Jamison Kullman sold 79,806 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $153.56, for a total value of $12,255,009.36. Following the completion of the sale, the director owned 65,662 shares in the company, valued at approximately $10,083,056.72. This represents a 54.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,443,030 shares of company stock worth $501,399,060. Corporate insiders own 42.00% of the company’s stock.

Institutional Trading of Dell Technologies

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

Dell Technologies Company Profile

(Get Free Report)

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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