Dynatrace, Inc. $DT Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC reduced its position in shares of Dynatrace, Inc. (NYSE:DT) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,157,902 shares of the company’s stock after selling 25,803 shares during the quarter. Clearbridge Investments LLC owned about 0.72% of Dynatrace worth $93,523,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DT. Wellington Management Group LLP boosted its stake in Dynatrace by 719.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after purchasing an additional 6,444,262 shares in the last quarter. Scge Management L.P. bought a new position in Dynatrace during the 2nd quarter valued at $155,858,000. Pictet Asset Management Holding SA boosted its stake 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 valued at $634,985,000 after purchasing an additional 2,076,990 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake 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 valued at $81,533,000 after purchasing an additional 1,879,728 shares in the last quarter. Finally, Freestone Grove Partners LP boosted its stake 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 valued at $69,271,000 after purchasing an additional 1,377,148 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Down 0.7%

Shares of NYSE DT opened at $41.91 on Tuesday. The stock has a market capitalization of $12.22 billion, a price-to-earnings ratio of 77.61, a PEG ratio of 2.74 and a beta of 0.75. The stock’s fifty day simple moving average is $38.12 and its 200 day simple moving average is $39.61. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $57.55.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. As a group, analysts anticipate that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Canaccord Genuity Group decreased their price target on Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Rothschild & Co Redburn assumed coverage on Dynatrace in a research note on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price target for the company. Guggenheim lowered Dynatrace from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 13th. TD Cowen decreased their price target on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Finally, Citigroup decreased their price target on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Dynatrace Company 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.