Keybank National Association OH reduced its position in Dynatrace, Inc. (NYSE:DT – Free Report) by 60.5% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 223,694 shares of the company’s stock after selling 342,278 shares during the quarter. Keybank National Association OH’s holdings in Dynatrace were worth $8,272,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of DT. V Square Quantitative Management LLC purchased a new stake in shares of Dynatrace in the fourth quarter valued at about $26,000. Brown Lisle Cummings Inc. increased its stake in shares of Dynatrace by 218.8% during the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares during the period. RHL Group LLC purchased a new position in Dynatrace during the fourth quarter worth about $30,000. Larson Financial Group LLC raised its holdings in Dynatrace by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares in the last quarter. Finally, True Wealth Design LLC lifted its position in Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after purchasing an additional 447 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the company. Jefferies Financial Group lowered their price objective on Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. UBS Group raised Dynatrace from a “neutral” rating to a “buy” rating and raised their price target for the company from $36.00 to $60.00 in a report on Monday, June 15th. Wolfe Research restated an “outperform” rating and issued a $42.00 price target on shares of Dynatrace in a research note on Thursday, May 14th. Rothschild & Co Redburn began coverage on Dynatrace in a report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price objective on the stock. Finally, BMO Capital Markets upped their price objective on Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Twenty-two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.88.
Dynatrace Price Performance
Shares of Dynatrace stock opened at $44.75 on Friday. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $57.55. The business has a 50 day moving average price of $40.46 and a 200 day moving average price of $39.29. 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 – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.Dynatrace’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 EPS. 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 1.12 EPS for the current fiscal 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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