Eurizon Capital SGR S.p.A. Buys New Shares in Dynatrace, Inc. $DT

Eurizon Capital SGR S.p.A. bought a new stake in shares of Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 50,817 shares of the company’s stock, valued at approximately $2,204,000.

A number of other large investors also recently modified their holdings of DT. Vanguard Group Inc. increased its holdings in Dynatrace by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock valued at $1,557,324,000 after acquiring an additional 739,895 shares during the last quarter. Pictet Asset Management Holding SA increased its holdings 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 valued at $634,985,000 after acquiring an additional 2,076,990 shares during the last quarter. State Street Corp increased its holdings in Dynatrace by 2.8% in the 3rd quarter. State Street Corp now owns 10,562,363 shares of the company’s stock valued at $511,746,000 after acquiring an additional 286,352 shares during the last quarter. American Century Companies Inc. increased its holdings in Dynatrace by 0.9% in the 3rd quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after acquiring an additional 73,827 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in Dynatrace by 719.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after acquiring an additional 6,444,262 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on DT shares. Citigroup reduced their price target on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Wedbush set a $48.00 price target on shares of Dynatrace in a report on Friday, May 15th. Jefferies Financial Group reduced their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. BTIG Research reduced their price target on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Twenty-one analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dynatrace has an average rating of “Moderate Buy” and an average price target of $46.50.

Dynatrace Stock Up 1.0%

Shares of NYSE:DT opened at $44.93 on Wednesday. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $57.55. The stock has a market capitalization of $13.10 billion, a P/E ratio of 83.21, a PEG ratio of 2.89 and a beta of 0.75. The firm has a fifty day simple moving average of $37.54 and a two-hundred day simple moving average of $39.72.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $521.01 million. During the same period last year, the company posted $0.33 EPS. The business’s revenue was up 19.4% on a year-over-year basis. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Dynatrace declared that its Board of Directors has approved a share repurchase program on Monday, February 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to repurchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

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.