Shares of Dynatrace, Inc. (NYSE:DT – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and nineteen have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $53.48.
Several equities analysts have recently commented on the company. Citigroup lowered their price objective on Dynatrace from $64.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Raymond James Financial reissued a “market perform” rating on shares of Dynatrace in a report on Monday, February 9th. Stifel Nicolaus set a $51.00 target price on shares of Dynatrace in a research report on Monday, February 9th. DA Davidson cut their target price on shares of Dynatrace from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Finally, Canaccord Genuity Group set a $50.00 price target on shares of Dynatrace in a report on Tuesday, February 10th.
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Dynatrace Stock Down 2.7%
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. The firm had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business’s quarterly revenue was up 18.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Research analysts anticipate that Dynatrace will post 0.68 EPS for the current fiscal year.
Dynatrace declared that its Board of Directors has authorized a share buyback plan on Monday, February 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
Insider Activity
In other news, EVP Stephen A. Mcmahon bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the transaction, the executive vice president owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. This represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.57% of the company’s stock.
Hedge Funds Weigh In On Dynatrace
Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Dynatrace by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock worth $1,557,324,000 after acquiring an additional 739,895 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of Dynatrace by 16.5% during the 4th quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock valued at $634,985,000 after acquiring an additional 2,076,990 shares during the last quarter. State Street Corp grew its holdings in shares of Dynatrace by 1.0% in the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock valued at $462,193,000 after purchasing an additional 101,994 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Dynatrace by 9.0% in the fourth quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock valued at $346,716,000 after purchasing an additional 659,792 shares in the last quarter. Finally, American Century Companies Inc. increased its position in Dynatrace by 0.9% in the third quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock worth $383,697,000 after purchasing an additional 73,827 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.
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.
Further Reading
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