Dell Technologies (NYSE:DELL) Shares Down 4.3% - Here's What Happened

Key Points

• Shares fell 4.3% on Thursday to about $122.45 with roughly 1.6 million shares traded, a ~78% drop from the stock's average daily volume.
• Analysts remain broadly positive with a consensus rating of "Moderate Buy", 16 Buys/8 Holds/1 Sell and an average price target of $162.84, while several firms (Mizuho, JPMorgan, Citic, Argus) recently raised targets and Barclays trimmed theirs.
• Dell beat Q earnings (EPS $2.59 vs $2.47) but missed revenue forecasts ($27.01B vs $27.26B), set FY2026 EPS guidance of 9.92, declared a $0.525 quarterly dividend (1.7% yield), and saw insiders sell about 3.44 million shares (~$501M) in the past three months.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) was down 4.3% during 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 mid-day trading, a decline of 78% from the average daily volume of 7,152,031 shares. The stock had previously closed at $127.89.

Analyst Ratings Changes

Several analysts have commented on DELL shares. Mizuho increased their target price on Dell Technologies from $170.00 to $175.00 and gave the company an "outperform" rating in a research note on Wednesday, November 26th. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $165.00 to $170.00 and gave the company an "overweight" rating in a research report on Monday, November 17th. Citic Securities lifted their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a "buy" rating in a research note on Friday, November 28th. Argus lifted their target price on Dell Technologies from $150.00 to $200.00 and gave the company a "buy" rating in a research report on Thursday, October 9th. Finally, Barclays reduced their target price on shares of Dell Technologies from $151.00 to $148.00 and set an "equal weight" rating for the company in a report on Wednesday, November 26th. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Dell Technologies has a consensus rating of "Moderate Buy" and an average price target of $162.84.

Dell Technologies Stock Performance

The business's fifty day simple moving average is $142.11 and its 200-day simple moving average is $132.79. The company has a market capitalization of $83.67 billion, a P/E ratio of 16.56, a P/E/G ratio of 0.89 and a beta of 1.03.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm had revenue of $27.01 billion for the quarter, compared to analysts' expectations of $27.26 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. The business's revenue 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. As a group, analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

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 given 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 payout ratio is currently 28.00%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of Dell Technologies stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 509,191 shares of the business's stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $146.12, for a total transaction of $74,402,988.92. Following the completion of the sale, the director owned 3 shares in the company, valued at approximately $438.36. This trade represents a 100.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,443,030 shares of company stock worth $501,399,060 over the last three months. 42.00% of the stock is owned by company insiders.

Institutional Trading of Dell Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Armstrong Advisory Group Inc. raised its stake in shares of Dell Technologies by 3.6% in the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company's stock valued at $259,000 after acquiring an additional 63 shares during the period. Flagship Harbor Advisors LLC lifted its stake in Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company's stock worth $789,000 after purchasing an additional 71 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Dell Technologies by 35.8% during the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company's stock valued at $43,000 after buying an additional 78 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of Dell Technologies by 0.4% during the third quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company's stock valued at $3,067,000 after buying an additional 78 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Dell Technologies by 2.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company's stock worth $504,000 after buying an additional 81 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Company Profile

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.