Pacer Advisors Inc. raised its holdings in Dynatrace, Inc. (NYSE:DT – Free Report) by 45.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 410,484 shares of the company’s stock after acquiring an additional 128,056 shares during the period. Pacer Advisors Inc. owned approximately 0.14% of Dynatrace worth $17,790,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Cim LLC grew its position in shares of Dynatrace by 1.0% in the third quarter. Cim LLC now owns 22,184 shares of the company’s stock valued at $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 worth $823,000 after buying an additional 231 shares in the last quarter. GAMMA Investing LLC boosted its stake in Dynatrace by 7.7% during the fourth 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 stake in Dynatrace by 0.7% during the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock worth $1,588,000 after buying an additional 248 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Dynatrace by 21.3% in 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. Institutional investors and hedge funds own 94.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently commented on DT. Rothschild & Co Redburn initiated coverage on Dynatrace in a report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price target on the stock. Wedbush set a $48.00 price objective on shares of Dynatrace in a report on Friday, May 15th. Canaccord Genuity Group cut their price objective on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Weiss Ratings downgraded shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. Finally, The Goldman Sachs Group boosted their target price on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday. Twenty-two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $47.88.
Dynatrace Price Performance
NYSE DT opened at $41.41 on Friday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The stock has a market capitalization of $12.07 billion, a P/E ratio of 76.68, a PEG ratio of 2.67 and a beta of 0.75. The firm’s 50-day moving average is $38.84 and its two-hundred day moving average is $39.44.
Dynatrace (NYSE:DT – Get Free Report) last released 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. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. During the same period in the previous year, the firm earned $0.33 EPS. The business’s revenue was up 19.4% on a year-over-year basis. 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, analysts anticipate 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.
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