NewEdge Wealth LLC Grows Stake in Dynatrace, Inc. $DT

NewEdge Wealth LLC lifted its position in Dynatrace, Inc. (NYSE:DT) by 56.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,203 shares of the company’s stock after purchasing an additional 19,899 shares during the quarter. NewEdge Wealth LLC’s holdings in Dynatrace were worth $2,041,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in Dynatrace during the fourth quarter valued at $26,000. Brown Lisle Cummings Inc. increased its stake in Dynatrace by 218.8% in the 1st 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 last quarter. RHL Group LLC bought a new position in Dynatrace in the 4th quarter worth about $30,000. Larson Financial Group LLC raised its holdings in shares of Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 508 shares in the last quarter. Finally, SJS Investment Consulting Inc. boosted its position in shares of Dynatrace by 577.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock valued at $55,000 after acquiring an additional 1,264 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DT shares. Wolfe Research restated an “outperform” rating and issued a $42.00 price objective on shares of Dynatrace in a research report on Thursday, May 14th. BTIG Research lowered their price objective on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Citigroup dropped their price objective on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a research report on Thursday, June 25th. Finally, UBS Group raised Dynatrace from a “neutral” rating to a “buy” rating and increased their target price for the company from $36.00 to $60.00 in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $49.42.

Dynatrace Stock Performance

DT stock opened at $41.67 on Friday. The company has a market capitalization of $12.10 billion, a PE ratio of 77.18, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $55.49. The company’s 50 day moving average price is $42.41 and its two-hundred day moving average price is $39.29.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. 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 prior year, the company earned $0.33 EPS. The firm’s revenue was up 19.4% on a year-over-year basis. 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, research analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current year.

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.