Key Points
- Insider selling: Director Spv-2 L.P. Sl sold 44,408 Dell shares at an average of $582.30 for approximately $25.9 million, reducing its direct ownership by 50.38% to 43,740 shares.
- Strong financial results: Dell reported quarterly earnings of $7.04 per share, exceeding estimates of $4.91, while revenue rose 57.7% year over year to $46.97 billion. The company also announced a quarterly dividend of $0.63 per share, or $2.52 annually.
- Mixed outlook: Dell’s AI infrastructure demand remains a long-term growth opportunity, but concerns about elevated valuation, margins and the durability of AI-server demand have pressured the stock. Analysts maintain a “Moderate Buy” consensus with an average price target of $569.96.
Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 25,494 shares of the stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the sale, the director owned 22,686 shares of the company's stock, valued at $13,210,057.80. This represents a 52.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Dell Technologies Trading Down 11.6%
Shares of DELL opened at $506.21 on Thursday. The business's 50 day moving average is $513.95 and its 200 day moving average is $390.78. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The company has a market capitalization of $321.85 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 0.59 and a beta of 1.37.
Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same period in the prior year, the company posted $1.70 EPS. The firm's revenue for the quarter was up 57.7% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Equities research analysts predict that Dell Technologies Inc. will post 25.13 earnings per share for the current year.
Dell Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's payout ratio is 14.63%.
Trending Headlines about Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell’s AI infrastructure opportunity remains substantial. CEO Michael Dell said strong AI demand could keep memory and chip supplies constrained through 2029 or 2030, supporting long-term demand for Dell’s servers and related systems. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
- Positive Sentiment: Dell and Honeywell launched Forge Cognition, an AI platform for buildings and industrial operations that uses Dell infrastructure and NVIDIA technology. The partnership provides another potential enterprise-AI channel beyond hyperscale data centers. Honeywell Launches Forge Cognition AI Platform With Nvidia and Dell Technologies
- Neutral Sentiment: Silver Lake-related entities disclosed several October 9 sales of Dell shares totaling roughly $70 million. Although the transactions reduced some positions materially, the filings show the entities continued to hold significant stakes; the sales may reflect portfolio management rather than a fundamental change in Dell’s outlook. SEC ownership filing
- Negative Sentiment: Barclays downgraded Dell, Hewlett Packard Enterprise and NetApp to Equal Weight from Overweight, arguing that valuations had risen too far and that there was not yet a meaningful enterprise-AI growth inflection. Barclays also lowered its Dell price target to $574, pressuring the stock after its substantial rally. Dell stock plunges after Barclays downgrade
- Negative Sentiment: Investors are questioning whether Dell’s AI-server backlog reflects durable end demand or is being inflated by high memory and component prices. The shift toward AI-optimized systems may also weigh on margins, increasing the risk that revenue growth will not translate proportionally into earnings. Why Dell's stock was one of the S&P 500's biggest laggards
- Negative Sentiment: A hotter inflation report weighed on high-growth technology stocks by raising the prospect of tighter Federal Reserve policy. That macro pressure intensified the sector-wide retreat in AI-related shares, including Dell. AI stocks drop after hot inflation report
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Wellington Management Group LLP grew its stake in shares of Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock worth $1,090,294,000 after buying an additional 1,474,347 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Dell Technologies by 7.6% in the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after buying an additional 1,011,101 shares during the last quarter. Auto Owners Insurance Co raised its position in shares of Dell Technologies by 12,488.0% during the 4th quarter. Auto Owners Insurance Co now owns 522,024 shares of the technology company's stock valued at $6,571,000 after buying an additional 517,877 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Dell Technologies by 70.2% in the 1st quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company's stock valued at $118,432,000 after acquiring an additional 297,500 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Dell Technologies by 73.4% in the 1st quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company's stock valued at $71,946,000 after acquiring an additional 185,527 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts recently weighed in on DELL shares. Raymond James Financial raised their target price on shares of Dell Technologies from $500.00 to $617.00 and gave the company an "outperform" rating in a research note on Wednesday, September 2nd. Bank of America boosted their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. Citigroup boosted their price target on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. Piper Sandler restated an "overweight" rating and set a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Finally, UBS Group reaffirmed an "outperform" rating on shares of Dell Technologies in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $569.96.
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Dell Technologies Company Profile
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Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.
The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.
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