Dynatrace, Inc. $DT Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC reduced its position in shares of Dynatrace, Inc. (NYSE:DT) by 31.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 79,333 shares of the company’s stock after selling 36,246 shares during the quarter. Moran Wealth Management LLC’s holdings in Dynatrace were worth $2,934,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DT. Pictet Asset Management Holding SA grew its holdings in Dynatrace by 7.9% during the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after acquiring an additional 1,160,690 shares during the period. State Street Corp raised its holdings in shares of Dynatrace by 1.0% in the 4th quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after purchasing an additional 101,994 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Dynatrace by 9.0% in the 4th quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock worth $346,716,000 after purchasing an additional 659,792 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Dynatrace by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 6,098,443 shares of the company’s stock worth $263,631,000 after buying an additional 137,225 shares in the last quarter. Finally, Eminence Capital LP grew its position in Dynatrace by 33.0% in the fourth quarter. Eminence Capital LP now owns 4,527,266 shares of the company’s stock worth $196,212,000 after buying an additional 1,122,855 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Trading Down 0.0%

Dynatrace stock opened at $44.75 on Monday. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $57.55. The firm’s fifty day simple moving average is $40.46 and its 200-day simple moving average is $39.25. The company has a market capitalization of $13.04 billion, a P/E ratio of 82.88, a P/E/G ratio of 2.87 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 (EPS) 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 net margin of 8.06% and a return on equity of 10.37%. Dynatrace’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, equities research analysts predict that Dynatrace, Inc. will post 1.12 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on DT. BMO Capital Markets raised their price objective on Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. JPMorgan Chase & Co. reduced their target price on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Rosenblatt Securities dropped their price target on Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Barclays cut their price objective on Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, The Goldman Sachs Group raised their target price on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Twenty-two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.88.

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.