Dynatrace (NYSE:DT) Upgraded to Strong-Buy at The Goldman Sachs Group

Dynatrace (NYSE:DT) was upgraded by The Goldman Sachs Group to a “strong-buy” rating in a research report issued to clients and investors on Tuesday, MarketBeat reports.

A number of other equities research analysts also recently weighed in on the company. Weiss Ratings downgraded Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 14th. Guggenheim restated a “buy” rating and set a $68.00 price objective on shares of Dynatrace in a research note on Tuesday, February 10th. Canaccord Genuity Group set a $50.00 price objective on Dynatrace in a research note on Tuesday, February 10th. Jefferies Financial Group lowered their price objective on Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Finally, TD Cowen lowered their price objective on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $52.12.

Dynatrace Trading Up 0.9%

Shares of NYSE DT opened at $35.76 on Tuesday. Dynatrace has a twelve month low of $31.64 and a twelve month high of $57.55. The company has a market capitalization of $10.66 billion, a price-to-earnings ratio of 58.62, a price-to-earnings-growth ratio of 2.33 and a beta of 0.79. The business has a 50 day simple moving average of $36.76 and a 200-day simple moving average of $41.62.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The business had revenue of $515.47 million during the quarter, compared to the consensus estimate of $506.31 million. During the same period in the previous year, the business earned $0.37 EPS. The business’s quarterly revenue was up 18.2% on a year-over-year basis. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, equities analysts predict that Dynatrace will post 0.88 earnings per share for the current year.

Dynatrace declared that its Board of Directors has approved a share buyback program on Monday, February 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 9.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the purchase, the executive vice president directly owned 3,454 shares in the company, valued at $123,480.50. This represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.57% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DT. NewEdge Advisors LLC grew its stake in shares of Dynatrace by 25.3% in the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after purchasing an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Dynatrace by 19.2% in the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after purchasing an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after purchasing an additional 272 shares in the last quarter. Invesco Ltd. grew its stake in shares of Dynatrace by 38.9% in the second quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock worth $43,816,000 after purchasing an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Dynatrace in the second quarter worth $410,000. Institutional investors own 94.28% of the company’s stock.

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.