Hsbc Holdings PLC Has $10.57 Million Stock Holdings in Dynatrace, Inc. $DT

Hsbc Holdings PLC boosted its stake in Dynatrace, Inc. (NYSE:DT) by 12.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,259 shares of the company’s stock after buying an additional 26,129 shares during the quarter. Hsbc Holdings PLC owned approximately 0.08% of Dynatrace worth $10,568,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP increased its stake in shares of Dynatrace by 719.3% in the third quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock worth $355,629,000 after acquiring an additional 6,444,262 shares during the last quarter. Scge Management L.P. purchased a new position in Dynatrace in the second quarter valued at about $155,858,000. Alyeska Investment Group L.P. grew its stake in Dynatrace by 1,201.7% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,888,249 shares of the company’s stock valued at $125,177,000 after purchasing an additional 2,666,373 shares in the last quarter. Pictet Asset Management Holding SA increased its position 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 worth $634,985,000 after purchasing an additional 2,076,990 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Dynatrace by 123,910.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,881,245 shares of the company’s stock worth $81,533,000 after purchasing an additional 1,879,728 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DT. Scotiabank cut their price target on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research note on Thursday, May 14th. Citigroup lowered 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. Canaccord Genuity Group dropped their price objective on Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Royal Bank Of Canada cut their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, UBS Group upgraded shares of Dynatrace from a “neutral” rating to a “buy” rating and lifted their target price for the company from $36.00 to $60.00 in a research note on Monday, June 15th. Twenty-two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $47.88.

Dynatrace Price Performance

Shares of NYSE:DT opened at $40.28 on Friday. The stock has a market capitalization of $11.74 billion, a P/E ratio of 74.59, a P/E/G ratio of 2.61 and a beta of 0.75. The business has a 50-day moving average of $39.41 and a two-hundred day moving average of $39.29. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. During the same quarter in the prior year, the firm posted $0.33 EPS. The firm’s revenue for the quarter 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. As a group, research analysts expect that Dynatrace, Inc. will post 1.12 EPS for the current fiscal year.

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.