Fifth Third Bancorp Acquires 61,605 Shares of Dynatrace, Inc. $DT

Fifth Third Bancorp lifted its stake in Dynatrace, Inc. (NYSE:DT) by 384.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,625 shares of the company’s stock after purchasing an additional 61,605 shares during the period. Fifth Third Bancorp’s holdings in Dynatrace were worth $2,871,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DT. V Square Quantitative Management LLC purchased a new stake in Dynatrace in 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 worth $29,000 after acquiring an additional 547 shares in the last quarter. RHL Group LLC bought a new position in shares of Dynatrace in the 4th quarter worth approximately $30,000. Larson Financial Group LLC lifted its stake in shares of Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after purchasing an additional 508 shares during the period. Finally, True Wealth Design LLC boosted its position in shares of Dynatrace by 99.6% during the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after purchasing an additional 447 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on DT shares. JPMorgan Chase & Co. reduced their target price on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Rosenblatt Securities decreased their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a report on Thursday, June 25th. Wolfe Research reiterated an “outperform” rating and set a $42.00 target price on shares of Dynatrace in a report on Thursday, May 14th. Finally, Canaccord Genuity Group dropped their price target on Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. One investment 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’s stock. According to data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and a consensus price target of $48.88.

Dynatrace Stock Performance

Dynatrace stock opened at $44.72 on Tuesday. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $55.49. The stock has a market cap of $12.98 billion, a PE ratio of 82.82, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73. The stock has a fifty day moving average of $42.06 and a 200 day moving average of $39.30.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping 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 company had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. During the same period last year, the firm earned $0.33 EPS. Dynatrace’s revenue for the quarter was up 19.4% compared to the same quarter last year. 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, sell-side analysts predict 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.