Dell Technologies (NYSE:DELL) Shares Down 6.6% – Should You Sell?

Dell Technologies Inc. (NYSE:DELL) shares fell 6.6% on Monday . The company traded as low as $246.30 and last traded at $243.3710. 2,315,336 shares were traded during mid-day trading, a decline of 71% from the average session volume of 8,022,943 shares. The stock had previously closed at $260.46.

More Dell Technologies News

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

• Neutral Sentiment: UBS downgraded Dell Technologies (DELL) to Neutral from Buy, saying the stock’s explosive rally and AI-driven gains may be nearing a peak, even though the firm remains well positioned in AI infrastructure demand. Dell has been on fire this year. Why UBS is downgrading the PC maker
• Neutral Sentiment: Another report echoed the UBS view, noting that after a roughly 170% surge over the past year, Dell may have limited room for additional upside despite continued strength in AI server demand. Dell gets downgraded by UBS as analysts see little room for upside following recent stock run
• Positive Sentiment: Dell continues to benefit from investor enthusiasm around AI infrastructure, and the company recently won a project with TotalEnergies to help build the Pangea 5 supercomputer for seismic imaging and AI research, reinforcing its role in high-performance computing. Dell’s Pangea 5 Win Highlights AI And Energy Computing Ambitions

Analysts Set New Price Targets

A number of research firms have recently weighed in on DELL. Morgan Stanley raised their price target on shares of Dell Technologies from $101.00 to $110.00 and gave the company an “underweight” rating in a research note on Tuesday, April 28th. Bank of America raised their price target on shares of Dell Technologies from $205.00 to $246.00 in a research note on Monday, April 27th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Citigroup raised their price target on shares of Dell Technologies from $180.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $165.00 to $205.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $190.84.

Dell Technologies Trading Down 5.1%

The firm’s 50-day moving average is $175.62 and its 200 day moving average is $146.04. The firm has a market capitalization of $159.55 billion, a price-to-earnings ratio of 28.34, a P/E/G ratio of 1.06 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping the consensus estimate of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business had revenue of $33.38 billion for the quarter, compared to the consensus estimate of $31.60 billion. During the same period last year, the company earned $2.68 EPS. The firm’s revenue was up 39.5% compared to the same quarter last year. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Analysts predict that Dell Technologies Inc. will post 11.9 EPS for the current year.

Dell Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, April 21st. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio (DPR) is 28.90%.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the transaction, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. This trade represents a 69.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. Company insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DELL. Norges Bank bought a new position in Dell Technologies during the 4th quarter worth approximately $607,349,000. Wellington Management Group LLP raised its holdings in Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. increased its stake in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after acquiring an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation increased its stake in shares of Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after acquiring an additional 2,258,797 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Dell Technologies by 541.9% in the 3rd quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after acquiring an additional 1,685,529 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

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.