Dynatrace (NYSE:DT) Price Target Lowered to $52.00 at Rosenblatt Securities

Dynatrace (NYSE:DT) had its target price cut by Rosenblatt Securities from $60.00 to $52.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research firms have also commented on DT. Robert W. Baird set a $47.00 price objective on shares of Dynatrace in a research note on Tuesday, February 10th. Weiss Ratings lowered shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, April 14th. Wedbush reduced their price objective on shares of Dynatrace from $67.00 to $55.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Truist Financial set a $45.00 price objective on shares of Dynatrace in a research note on Wednesday, April 15th. Finally, Scotiabank dropped their target price on shares of Dynatrace from $60.00 to $47.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.32.

Dynatrace Trading Up 4.0%

DT traded up $1.43 during trading on Friday, reaching $37.64. 4,579,815 shares of the company’s stock were exchanged, compared to its average volume of 6,167,930. Dynatrace has a one year low of $31.64 and a one year high of $57.55. The stock has a market capitalization of $11.23 billion, a PE ratio of 61.71, a price-to-earnings-growth ratio of 2.21 and a beta of 0.71. The firm has a fifty day moving average price of $36.61 and a two-hundred day moving average price of $41.09.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The company had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. During the same period in the prior year, the firm posted $0.37 EPS. The company’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. Sell-side analysts expect that Dynatrace will post 0.88 earnings per share for the current year.

Dynatrace declared that its board has authorized a stock buyback program on Monday, February 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Dynatrace news, EVP Stephen A. Mcmahon acquired 3,000 shares of the stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average price of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the acquisition, the executive vice president owned 3,454 shares in the company, valued at approximately $123,480.50. This represents a 660.79% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.57% of the company’s stock.

Institutional Trading of Dynatrace

Several institutional investors have recently made changes to their positions in DT. NewEdge Advisors LLC grew its stake in shares of Dynatrace by 25.3% in the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after acquiring an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp grew its position in Dynatrace by 19.2% during the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after buying an additional 348 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Dynatrace by 21.3% during 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 during the period. Invesco Ltd. boosted its position in Dynatrace by 38.9% during 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 during the period. Finally, Marshall Wace LLP bought a new position in Dynatrace during the second quarter worth about $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.