Dynatrace, Inc. $DT Stake Raised by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in Dynatrace, Inc. (NYSE:DT) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,098,443 shares of the company’s stock after acquiring an additional 137,225 shares during the quarter. Geode Capital Management LLC owned about 2.02% of Dynatrace worth $263,631,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DT shares. Jefferies Financial Group cut their price objective on Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. UBS Group cut their price objective on Dynatrace from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. JPMorgan Chase & Co. cut their price objective on Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Weiss Ratings downgraded Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 18th. Finally, Stifel Nicolaus set a $51.00 price objective on Dynatrace in a report on Monday, February 9th. Twenty-one investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.50.

Dynatrace Price Performance

Shares of DT opened at $44.93 on Wednesday. The company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 83.21, a P/E/G ratio of 2.89 and a beta of 0.75. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55. The business’s 50-day moving average is $37.54 and its 200-day moving average is $39.72.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities research analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Dynatrace declared that its Board of Directors has authorized a share repurchase plan on Monday, February 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 9.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

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.