Dell Technologies (NYSE:DELL) Shares Down 1.7% – What’s Next?

Dell Technologies Inc. (NYSE:DELL)’s share price fell 1.7% on Wednesday. The stock traded as low as $487.50 and last traded at $493.2550. 3,979,066 shares traded hands during trading, a decline of 52% from the average session volume of 8,212,052 shares. The stock had previously closed at $501.96.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell’s AI infrastructure business remains a key long-term support. Recent coverage highlighted accelerating storage growth, a reported $95 billion backlog and rising earnings estimates, while expanded AI security and cyber-resilience capabilities could strengthen its position against Cisco and Hewlett Packard Enterprise. Everpure vs. Dell: Which Data Storage Stock Is the Better Buy Now? DELL Expands AI Security Capabilities
• Neutral Sentiment: One report characterized Dell as a founder-led technology company with potential for continued innovation and global growth, but it does not introduce a new catalyst for the current session. Founder-Led Giants Redefining Technology and Global Market Growth
• Neutral Sentiment: A filing-related report said an account associated with Donald Trump sold as much as $1 million of Dell stock, despite his public comments encouraging purchases. The transaction may attract attention but is small relative to Dell’s market value and does not change the company’s fundamentals. Trump Filing Reveals Dell Stock Sale
• Negative Sentiment: Intel warned that memory shortages are constraining PC demand and that weakness could persist, hurting computer and server manufacturers. Dell fell alongside HP, Hewlett Packard Enterprise and Super Micro as investors priced in slower hardware demand and potential supply-cost pressure. Dell Sinks as Intel Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak fourth-quarter outlook, margin pressure and roughly 25% share-price reset reinforced concerns about a prolonged PC downturn. The read-through is negative for Dell’s traditional PC business, even though AI servers may continue to grow. Silicon Shock: Intel’s Valuation Reset
• Negative Sentiment: Investors are also questioning whether Dell’s rally has outpaced its fundamentals, citing sharply weaker cash flow and negative shareholders’ equity. Those concerns increase sensitivity to any slowdown in AI or broader hardware demand. The Next AI Stock to Break Out May Not Be on Most Investors’ Radar

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Sanford C. Bernstein increased their target price on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. Daiwa Securities Group raised their price objective on Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a research report on Friday, September 18th. Raymond James Financial boosted their target price on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a report on Tuesday, September 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $558.00 price target (up from $497.00) on shares of Dell Technologies in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Trading Down 10.9%

The company has a market cap of $269.35 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 0.51 and a beta of 1.37. The firm has a fifty day moving average of $513.74 and a two-hundred day moving average of $330.29.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same period last year, the company earned $1.70 earnings per share. 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. Sell-side analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company 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 dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 44,408 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $25,858,778.40. Following the completion of the transaction, the director owned 43,740 shares in the company, valued at approximately $25,469,802. This represents a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of Dell Technologies stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $586.40, for a total value of $1,055,520.00. Following the completion of the transaction, the director directly owned 1,404,569 shares of the company’s stock, valued at approximately $823,639,261.60. This represents a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of DELL. Noble Wealth Management PBC raised its stake in Dell Technologies by 113.6% during the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock valued at $25,000 after buying an additional 25 shares during the last quarter. Cornerstone Financial Management LLC boosted its stake in shares of Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares during the last quarter. Premier Financial Group bought a new stake in shares of Dell Technologies in the second quarter worth $34,000. Byrne Asset Management LLC bought a new stake in shares of Dell Technologies in the second quarter worth $38,000. Finally, Retirement Wealth Solutions LLC increased its position in Dell Technologies by 41.3% during the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock valued at $48,000 after acquiring an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.