Dynatrace (NYSE:DT) Upgraded at BNP Paribas Exane

BNP Paribas Exane upgraded shares of Dynatrace (NYSE:DT) from a neutral rating to an outperform rating in a research note published on Thursday morning, MarketBeat.com reports. They currently have $75.00 price objective on the stock.

DT has been the topic of several other research reports. Barclays lifted their price objective on shares of Dynatrace from $48.00 to $60.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Needham & Company LLC upgraded shares of Dynatrace from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research note on Friday, September 18th. BMO Capital Markets lifted their price target on shares of Dynatrace from $60.00 to $62.00 and gave the stock an “outperform” rating in a report on Tuesday, September 15th. Truist Financial upped their price objective on Dynatrace from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, TD Cowen upped their price objective on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Twenty-four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $57.54.

Dynatrace Price Performance

Shares of NYSE:DT opened at $63.41 on Thursday. Dynatrace has a 1 year low of $31.64 and a 1 year high of $63.78. The company has a market capitalization of $18.32 billion, a PE ratio of 126.81, a price-to-earnings-growth ratio of 3.93 and a beta of 0.77. The business has a fifty day moving average price of $53.42 and a two-hundred day moving average price of $44.77.

Dynatrace (NYSE:DT) last released its earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million for the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%. The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Sell-side analysts anticipate that Dynatrace will post 1.10 earnings per share for the current year.

Insider Activity at Dynatrace

In related news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $57.21, for a total value of $2,860,500.00. Following the completion of the transaction, the executive vice president directly owned 904,846 shares of the company’s stock, valued at approximately $51,766,239.66. This trade represents a 5.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

Hedge funds and other institutional investors have recently bought and sold shares of the business. Pictet Asset Management Holding SA boosted its holdings in shares of Dynatrace by 7.9% in the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after acquiring an additional 1,160,690 shares during the period. Wellington Management Group LLP raised its stake in shares of Dynatrace by 23.5% during the 2nd quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after purchasing an additional 2,191,497 shares during the period. Bank of America Corp DE raised its stake in shares of Dynatrace by 304.7% during the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after purchasing an additional 7,045,591 shares during the period. First Trust Advisors LP lifted its holdings in Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after purchasing an additional 5,958,505 shares in the last quarter. Finally, Amundi lifted its holdings in Dynatrace by 461.5% during the 1st quarter. Amundi now owns 6,238,938 shares of the company’s stock worth $230,716,000 after purchasing an additional 5,127,910 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

About Dynatrace

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.