Dell Technologies (NYSE:DELL) CFO David Alan Kennedy Sells 23,896 Shares

Dell Technologies Inc. (NYSE:DELL) CFO David Kennedy sold 23,896 shares of Dell Technologies stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $585.02, for a total transaction of $13,979,637.92. Following the sale, the chief financial officer directly owned 159,201 shares of the company’s stock, valued at $93,135,769.02. This trade represents a 13.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Dell Technologies Trading Up 1.3%

NYSE DELL traded up $7.14 on Monday, reaching $575.20. The stock had a trading volume of 7,594,910 shares, compared to its average volume of 8,438,266. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The business has a 50 day moving average price of $464.52 and a 200 day moving average price of $339.93. The company has a market capitalization of $372.79 billion, a price-to-earnings ratio of 33.38, a P/E/G ratio of 0.59 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company’s revenue was up 57.7% compared to the same quarter last year. During the same period in the previous 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. On average, analysts anticipate that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

More Dell Technologies News

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

• Positive Sentiment: Morgan Stanley said Dell is well positioned to benefit from the growth of on-premises AI, supporting the view that enterprises will continue investing in Dell’s servers and infrastructure. Dell Best Positioned to Benefit From On-Premises AI Growth, Morgan Stanley Says
• Positive Sentiment: Dell’s AI customer base has surpassed 6,500, while enterprise, sovereign-AI and neocloud demand is contributing to record orders and an approximately $95 billion backlog. These figures reinforce expectations for continued revenue growth despite competition from Super Micro Computer and Hewlett Packard Enterprise. DELL Rides on Growing AI Clientele
• Positive Sentiment: Dell introduced the XPS Googlebook, a premium 13-inch laptop powered by Qualcomm’s Snapdragon X Elite and designed for Google’s Gemini Intelligence. The product broadens Dell’s consumer lineup and links its XPS brand to the expanding AI-PC market. Dell Technologies Introduces the XPS Googlebook
• Positive Sentiment: Analyst commentary continues to highlight Dell, alongside SMCI and HPE, as a way to participate in rising AI-server spending. Dell’s inclusion in the S&P 100 also improves its visibility among large-cap investors. Buy Top-Ranked DELL, SMCI & HPE
• Neutral Sentiment: Although Dell reached a fresh 52-week high, investors are weighing whether further gains are justified by fundamentals. The sharp rally increases sensitivity to valuation, execution and any slowdown in AI infrastructure demand. Dell Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Two Dell directors sold substantial amounts of stock, totaling roughly $42 million. The transactions may raise concerns about insider confidence, although they do not necessarily indicate a change in the company’s business outlook. Dell Director Sells Stock
• Negative Sentiment: A separate valuation-focused report argued that Dell’s strong performance leaves substantial downside risk, highlighting the potential for profit-taking if AI growth expectations or valuation multiples weaken. Dell: This High Flyer Has 67% Downside

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its position in 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 valued at $2,362,624,000 after acquiring an additional 1,011,101 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after buying an additional 108,011 shares in the last quarter. Deutsche Bank AG boosted its position in Dell Technologies by 24.6% in the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after buying an additional 1,090,336 shares during the last quarter. Norges Bank acquired a new stake in Dell Technologies in the fourth quarter worth about $607,349,000. Finally, Wellington Management Group LLP raised its position in shares of Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after acquiring an additional 1,474,347 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on DELL. UBS Group reiterated an “outperform” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Wells Fargo & Company lifted their target price on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Morgan Stanley boosted their price objective on Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research report on Monday. US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Truist Financial lifted their price objective on Dell Technologies from $360.00 to $505.00 and gave the company a “hold” rating 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 issued a Hold rating to the company. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $560.72.

About Dell Technologies

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.