Dynatrace, Inc. $DT Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in Dynatrace, Inc. (NYSE:DT) by 192.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 549,168 shares of the company’s stock after purchasing an additional 361,247 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.18% of Dynatrace worth $23,801,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of DT. NewEdge Advisors LLC boosted its position in Dynatrace by 25.3% during the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after acquiring an additional 1,846 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Dynatrace by 19.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after acquiring an additional 348 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after buying an additional 272 shares during the period. Invesco Ltd. increased its stake in Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock worth $43,816,000 after buying an additional 222,395 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Dynatrace during the 2nd quarter worth $410,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Trading Down 2.3%

Shares of Dynatrace stock opened at $42.26 on Friday. The stock has a market capitalization of $12.32 billion, a price-to-earnings ratio of 78.25, a PEG ratio of 2.81 and a beta of 0.75. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $57.55. The firm has a fifty day simple moving average of $38.03 and a 200-day simple moving average of $39.68.

Dynatrace (NYSE:DT) last released its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating 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 firm had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same period in the prior year, the company earned $0.33 EPS. The business’s quarterly 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 predict that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Dynatrace announced that its Board of Directors has approved a share repurchase program on Monday, February 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 9.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DT shares. Guggenheim lowered shares of Dynatrace from a “buy” rating to a “neutral” rating in a report on Wednesday, May 13th. Rosenblatt Securities dropped their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Raymond James Financial restated a “market perform” rating on shares of Dynatrace in a research report on Monday, February 9th. Robert W. Baird set a $47.00 target price on shares of Dynatrace in a report on Tuesday, February 10th. Finally, Barclays dropped their target price on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Dynatrace has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

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.