Citigroup Inc. Raises Stake in Dynatrace, Inc. $DT

Citigroup Inc. lifted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 74.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 374,790 shares of the company’s stock after acquiring an additional 159,988 shares during the period. Citigroup Inc.’s holdings in Dynatrace were worth $18,159,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its stake in shares of Dynatrace by 561.4% during the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after buying an additional 494 shares during the period. MAI Capital Management boosted its holdings in Dynatrace by 122.4% in the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock valued at $30,000 after purchasing an additional 301 shares in the last quarter. VSM Wealth Advisory LLC purchased a new stake in shares of Dynatrace in the second quarter valued at approximately $34,000. Hazlett Burt & Watson Inc. acquired a new stake in Dynatrace in the third quarter valued at $37,000. Finally, First Horizon Corp purchased a new stake in shares of Dynatrace during the 3rd quarter worth $39,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In related news, EVP Dan Zugelder sold 7,505 shares of Dynatrace stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the transaction, the executive vice president directly owned 8,925 shares of the company’s stock, valued at $404,034.75. The trade was a 45.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 7,843 shares of company stock valued at $354,744 in the last quarter. 0.57% of the stock is owned by insiders.

Dynatrace Trading Up 3.5%

DT opened at $36.36 on Friday. The stock has a market cap of $10.84 billion, a price-to-earnings ratio of 59.61, a PEG ratio of 2.80 and a beta of 0.84. Dynatrace, Inc. has a 1 year low of $32.83 and a 1 year high of $59.92. The stock has a fifty day moving average price of $39.53 and a 200 day moving average price of $44.87.

Dynatrace (NYSE:DT) last posted its earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. Dynatrace’s revenue was up 18.2% compared to the same quarter last year. During the same period last year, the business posted $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, sell-side analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Dynatrace declared that its Board of Directors has approved a stock repurchase plan on Monday, February 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to purchase up to 9.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

DT has been the topic of several recent research reports. BTIG Research reaffirmed a “buy” rating and issued a $53.00 price target on shares of Dynatrace in a report on Thursday, February 19th. BMO Capital Markets lowered their target price on shares of Dynatrace from $56.00 to $45.00 and set an “outperform” rating for the company in a report on Monday, February 9th. Barclays lowered their price objective on shares of Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Wedbush dropped their price target on Dynatrace from $67.00 to $55.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Finally, TD Cowen reduced their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, January 21st. Nineteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.52.

About Dynatrace

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.