Corient Private Wealth LLC Boosts Stake in Dynatrace, Inc. $DT

Corient Private Wealth LLC lifted its stake in Dynatrace, Inc. (NYSE:DTFree Report) by 174.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,046 shares of the company’s stock after purchasing an additional 26,752 shares during the period. Corient Private Wealth LLC’s holdings in Dynatrace were worth $1,823,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. V Square Quantitative Management LLC purchased a new position in Dynatrace during the fourth quarter valued at $26,000. RHL Group LLC purchased a new stake in Dynatrace in the fourth quarter worth about $30,000. Larson Financial Group LLC raised its stake in shares of Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after buying an additional 508 shares during the period. True Wealth Design LLC raised its stake in shares of Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after buying an additional 447 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after buying an additional 272 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Price Performance

DT stock opened at $44.21 on Tuesday. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $57.55. The business has a 50 day simple moving average of $39.74 and a two-hundred day simple moving average of $39.27. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 81.87, a PEG ratio of 2.78 and a beta of 0.75.

Dynatrace (NYSE:DTGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Sell-side analysts anticipate that Dynatrace, Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

DT has been the subject of a number of recent research reports. Rothschild & Co Redburn began coverage on Dynatrace in a research note on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price objective for the company. Truist Financial set a $45.00 target price on shares of Dynatrace in a research note on Wednesday, April 15th. Scotiabank lowered their price target on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a report on Thursday, May 14th. DA Davidson dropped their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Finally, William Blair initiated coverage on shares of Dynatrace in a research note on Thursday, May 21st. They issued an “outperform” rating for the company. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.88.

Get Our Latest Research Report on Dynatrace

About Dynatrace

(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.

See Also

Want to see what other hedge funds are holding DT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dynatrace, Inc. (NYSE:DTFree Report).

Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.