Dynatrace, Inc. $DT Shares Purchased by Erste Asset Management GmbH

Erste Asset Management GmbH boosted its holdings in Dynatrace, Inc. (NYSE:DTFree Report) by 176.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 152,170 shares of the company’s stock after acquiring an additional 97,170 shares during the period. Erste Asset Management GmbH owned 0.05% of Dynatrace worth $6,678,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in Dynatrace in the 4th quarter valued at about $26,000. RHL Group LLC acquired a new stake in Dynatrace in the 4th quarter valued at about $30,000. Larson Financial Group LLC grew its stake in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 508 shares during the last quarter. True Wealth Design LLC grew its stake in Dynatrace by 99.6% in the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DT shares. Scotiabank lowered their price objective on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a research note on Thursday, May 14th. Wolfe Research restated an “outperform” rating and issued a $42.00 target price on shares of Dynatrace in a report on Thursday, May 14th. Jefferies Financial Group reduced their target price 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. KeyCorp reduced their target price on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Stifel Nicolaus set a $51.00 target price on shares of Dynatrace in a report on Monday, February 9th. Twenty-one analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued 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 price target of $46.50.

Get Our Latest Report on Dynatrace

Dynatrace Trading Down 0.7%

NYSE:DT opened at $41.91 on Tuesday. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 77.61, a price-to-earnings-growth ratio of 2.74 and a beta of 0.75. The company’s 50-day moving average is $38.12 and its two-hundred day moving average is $39.61. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $57.55.

Dynatrace (NYSE:DTGet Free Report) last released its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) 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 analyst estimates of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities research analysts forecast 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 stock buyback program on Monday, February 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 9.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Dynatrace Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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