Arrowstreet Capital Limited Partnership Makes New Investment in Dynatrace, Inc. $DT

Arrowstreet Capital Limited Partnership acquired a new position in Dynatrace, Inc. (NYSE:DT) during the first quarter, HoldingsChannel.com reports. The fund acquired 5,161,983 shares of the company’s stock, valued at approximately $190,890,000.

A number of other large investors also recently made changes to their positions in DT. Cim LLC raised its holdings in Dynatrace by 1.0% in the 3rd quarter. Cim LLC now owns 22,184 shares of the company’s stock valued at $1,075,000 after acquiring an additional 228 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of Dynatrace by 1.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock worth $823,000 after purchasing an additional 231 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Dynatrace by 7.7% in the fourth quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock worth $150,000 after purchasing an additional 246 shares during the period. Assetmark Inc. raised its stake in Dynatrace by 0.7% in the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock valued at $1,588,000 after purchasing an additional 248 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after purchasing an additional 272 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DT shares. JPMorgan Chase & Co. reduced their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. TD Cowen upped their price target on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a research report on Thursday, June 25th. Guggenheim lowered shares of Dynatrace from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. Finally, Morgan Stanley decreased their price objective on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating on the stock in a research note 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 given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $49.42.

Dynatrace Trading Up 2.5%

Shares of NYSE DT opened at $41.67 on Friday. The firm has a market capitalization of $12.10 billion, a price-to-earnings ratio of 77.18, a price-to-earnings-growth ratio of 2.62 and a beta of 0.73. The firm has a 50 day moving average of $42.41 and a 200 day moving average of $39.29. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The business 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 business’s revenue was up 19.4% compared to the same quarter last year. During the same period last 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. Sell-side analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current year.

Dynatrace 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.