Robeco Institutional Asset Management B.V. Sells 1,479,401 Shares of Dynatrace, Inc. $DT

Robeco Institutional Asset Management B.V. lowered its stake in Dynatrace, Inc. (NYSE:DT) by 94.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,973 shares of the company’s stock after selling 1,479,401 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Dynatrace were worth $4,964,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after buying an additional 7,045,591 shares during the last quarter. First Trust Advisors LP increased its position in shares of Dynatrace by 706.8% in the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after acquiring an additional 5,958,505 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of Dynatrace in the 1st quarter valued at $190,890,000. Amundi raised its stake in Dynatrace by 461.5% in the 1st quarter. Amundi now owns 6,238,938 shares of the company’s stock worth $230,716,000 after acquiring an additional 5,127,910 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Dynatrace in the 2nd quarter worth $114,885,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DT has been the subject of a number of research reports. Oppenheimer lifted their price target on Dynatrace from $60.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. BTIG Research increased their price objective on Dynatrace from $62.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday. Barclays increased their price objective on Dynatrace from $60.00 to $71.00 and gave the company an “overweight” rating in a report on Tuesday, October 13th. TD Cowen raised their price objective on Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $71.00 target price on shares of Dynatrace in a report on Thursday, October 15th. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.90.

Insiders Place Their Bets

In other news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction dated Friday, September 18th. The stock was 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 owned 904,846 shares of the company’s stock, valued at $51,766,239.66. The trade was a 5.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.69% of the company’s stock.

Dynatrace Price Performance

NYSE:DT opened at $64.14 on Friday. The firm has a market capitalization of $18.54 billion, a P/E ratio of 128.27, a PEG ratio of 3.94 and a beta of 0.77. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $66.30. The company’s fifty day moving average price is $56.36 and its 200-day moving average price is $46.62.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The firm had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm’s revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Equities analysts anticipate that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

About Dynatrace

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.