Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Stock Position in Dynatrace, Inc. $DT

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 203.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,650 shares of the company’s stock after acquiring an additional 11,843 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Dynatrace were worth $653,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Cim LLC boosted its stake in Dynatrace by 1.0% in the 3rd quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after purchasing an additional 228 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in Dynatrace by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after purchasing an additional 231 shares during the period. GAMMA Investing LLC boosted its stake in shares of Dynatrace by 7.7% in the 4th quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock worth $150,000 after buying an additional 246 shares during the last quarter. Assetmark Inc. boosted its position in Dynatrace by 0.7% in the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock worth $1,588,000 after purchasing an additional 248 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Dynatrace by 21.3% in the second 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 last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Down 0.6%

Shares of DT stock opened at $44.91 on Friday. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $55.49. The company’s 50 day moving average is $41.90 and its 200 day moving average is $39.30. The firm has a market cap of $13.04 billion, a price-to-earnings ratio of 83.18, a PEG ratio of 2.90 and a beta of 0.73.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $531.72 million during 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 firm’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the business 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. Analysts anticipate that Dynatrace, Inc. will post 1.12 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DT. Rothschild & Co Redburn started coverage on Dynatrace in a research report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 target price on the stock. BTIG Research reduced their price objective on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. UBS Group upgraded Dynatrace from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $36.00 to $60.00 in a research report on Monday, June 15th. DA Davidson upped their price target on shares of Dynatrace from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, TD Cowen reduced their price objective on Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.27.

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.