Clearbridge Investments LLC Has $93.52 Million Stake in Dynatrace, Inc. $DT

Clearbridge Investments LLC decreased its holdings in Dynatrace, Inc. (NYSE:DT) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,157,902 shares of the company’s stock after selling 25,803 shares during the period. Clearbridge Investments LLC’s holdings in Dynatrace were worth $93,523,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Forsta AP Fonden increased its holdings in shares of Dynatrace by 60.4% in the 4th quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock valued at $8,685,000 after purchasing an additional 75,500 shares during the period. LBP AM SA boosted its position in Dynatrace by 9.8% during the fourth quarter. LBP AM SA now owns 776,955 shares of the company’s stock valued at $33,673,000 after purchasing an additional 69,318 shares during the last quarter. UNIVEST FINANCIAL Corp acquired a new stake in Dynatrace during the fourth quarter valued at $1,212,000. Temasek Holdings Private Ltd boosted its position in Dynatrace by 125.1% during the third quarter. Temasek Holdings Private Ltd now owns 1,989,098 shares of the company’s stock valued at $96,372,000 after purchasing an additional 1,105,508 shares during the last quarter. Finally, Maxi Investments CY Ltd acquired a new stake in Dynatrace during the third quarter valued at $2,694,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of NYSE:DT opened at $41.91 on Tuesday. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55. The business has a 50-day moving average of $38.12 and a two-hundred day moving average of $39.61. The stock has a market capitalization of $12.22 billion, a P/E ratio of 77.61, a P/E/G ratio of 2.74 and a beta of 0.75.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. 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, research analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

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

Analyst Ratings Changes

A number of analysts recently issued reports on DT shares. Truist Financial set a $45.00 price objective on Dynatrace in a research report on Wednesday, April 15th. BTIG Research reduced their price objective on Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Wedbush set a $48.00 price objective on Dynatrace in a research report on Friday, May 15th. Weiss Ratings cut Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Finally, Canaccord Genuity Group reduced their price objective on Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Twenty-one investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dynatrace currently has an average rating of “Moderate Buy” and a consensus price target of $46.50.

About Dynatrace

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.