AXQ Capital LP Has $1.50 Million Stake in Dynatrace, Inc. $DT

AXQ Capital LP increased its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 651.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,548 shares of the company’s stock after acquiring an additional 29,952 shares during the quarter. AXQ Capital LP’s holdings in Dynatrace were worth $1,497,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of DT. Wellington Management Group LLP raised its stake in Dynatrace by 719.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock worth $355,629,000 after purchasing an additional 6,444,262 shares in the last quarter. Scge Management L.P. acquired a new stake in Dynatrace in the 2nd quarter worth about $155,858,000. Pictet Asset Management Holding SA raised its stake in Dynatrace by 16.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock worth $634,985,000 after purchasing an additional 2,076,990 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Dynatrace by 123,910.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,881,245 shares of the company’s stock worth $81,533,000 after purchasing an additional 1,879,728 shares in the last quarter. Finally, Freestone Grove Partners LP raised its stake in Dynatrace by 2,618.6% in the 3rd quarter. Freestone Grove Partners LP now owns 1,429,738 shares of the company’s stock worth $69,271,000 after purchasing an additional 1,377,148 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Trading Up 4.4%

Shares of Dynatrace stock opened at $44.48 on Tuesday. The firm has a market capitalization of $12.96 billion, a PE ratio of 82.36, a price-to-earnings-growth ratio of 2.84 and a beta of 0.75. The firm’s 50 day moving average is $37.54 and its 200 day moving average is $39.72. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $57.55.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. During the same period last year, the company earned $0.33 EPS. The firm’s revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, research analysts anticipate that Dynatrace, Inc. will post 1.08 earnings per share for the current year.

Dynatrace announced that its board has approved a stock repurchase program on Monday, February 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 9.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages have weighed in on DT. Stifel Nicolaus set a $51.00 price objective on shares of Dynatrace in a research note on Monday, February 9th. BTIG Research dropped their price objective on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Canaccord Genuity Group dropped their price objective on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. William Blair initiated coverage on shares of Dynatrace in a report on Thursday, May 21st. They issued an “outperform” rating on the stock. Finally, Keefe, Bruyette & Woods upgraded shares of Dynatrace to a “buy” rating in a research report on Monday, February 9th. Twenty-one research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned 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 $46.50.

Dynatrace 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.