Allstate Corp Makes New Investment in Dynatrace, Inc. $DT

Allstate Corp purchased a new stake in Dynatrace, Inc. (NYSE:DT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,546 shares of the company’s stock, valued at approximately $608,000.

A number of other hedge funds have also modified their holdings of the business. NewEdge Advisors LLC raised its position in shares of Dynatrace by 25.3% during the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after purchasing an additional 1,846 shares during the last quarter. Jones Financial Companies Lllp increased its position in Dynatrace by 19.2% during the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after buying an additional 348 shares in the last quarter. CX Institutional raised its holdings in shares of Dynatrace by 42.6% in the second quarter. CX Institutional now owns 1,221 shares of the company’s stock worth $67,000 after acquiring an additional 365 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Dynatrace in the second quarter valued at $433,000. Finally, Park Avenue Securities LLC boosted its stake in shares of Dynatrace by 8.1% during the second quarter. Park Avenue Securities LLC now owns 31,974 shares of the company’s stock valued at $1,765,000 after acquiring an additional 2,388 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Stock Up 4.2%

Shares of DT opened at $41.05 on Friday. Dynatrace, Inc. has a fifty-two week low of $38.50 and a fifty-two week high of $63.00. The company’s fifty day moving average is $43.53 and its two-hundred day moving average is $47.62. The firm has a market cap of $12.38 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 3.11 and a beta of 0.85.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The business had revenue of $493.85 million for the quarter, compared to analyst estimates of $487.33 million. During the same period last year, the company posted $0.37 EPS. The business’s quarterly revenue was up 18.1% on a year-over-year basis. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. As a group, equities research analysts anticipate that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Insider Activity

In related news, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the transaction, the executive vice president owned 8,925 shares in the company, valued at approximately $404,034.75. This trade represents a 45.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the sale, the chief executive officer owned 108,125 shares of the company’s stock, valued at approximately $5,039,706.25. This represents a 21.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,843 shares of company stock valued at $1,846,424 in the last three months. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DT shares. Royal Bank Of Canada reduced their target price on shares of Dynatrace from $64.00 to $56.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Wells Fargo & Company assumed coverage on shares of Dynatrace in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 price objective for the company. Citigroup reduced their price objective on shares of Dynatrace from $64.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. KeyCorp lowered their target price on shares of Dynatrace from $69.00 to $60.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dynatrace in a research note on Monday, December 29th. Eighteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average target price of $59.96.

Dynatrace Company Profile

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.