Allspring Global Investments Holdings LLC Grows Stock Holdings in Dynatrace, Inc. $DT

Allspring Global Investments Holdings LLC increased its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 20.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,256,209 shares of the company’s stock after purchasing an additional 217,530 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Dynatrace were worth $46,191,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. V Square Quantitative Management LLC purchased a new stake in shares of Dynatrace during the fourth quarter worth about $26,000. Brown Lisle Cummings Inc. raised its position in shares of Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after purchasing an additional 547 shares during the last quarter. RHL Group LLC acquired a new stake in Dynatrace in the 4th quarter worth approximately $30,000. Larson Financial Group LLC boosted its stake in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares in the last quarter. Finally, True Wealth Design LLC grew its position in Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after purchasing an additional 447 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $44.47 on Friday. The stock has a market cap of $12.91 billion, a PE ratio of 82.34, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73. The firm has a fifty day moving average price of $41.98 and a 200 day moving average price of $39.33. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $55.49.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period last 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. As a group, equities analysts expect that Dynatrace, Inc. will post 1.12 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on DT. Wedbush set a $48.00 price target on shares of Dynatrace in a research note on Friday, May 15th. BMO Capital Markets lifted their price objective on shares of Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Morgan Stanley dropped their price objective on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating on the stock in a report on Thursday, May 14th. UBS Group raised Dynatrace from a “neutral” rating to a “buy” rating and upped their target price for the company from $36.00 to $60.00 in a research report on Monday, June 15th. Finally, Truist Financial raised their target price on Dynatrace from $45.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $49.27.

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.