Kerrisdale Advisers LLC Boosts Holdings in Dynatrace, Inc. $DT

Kerrisdale Advisers LLC grew its position in shares of Dynatrace, Inc. (NYSE:DT) by 76.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,205 shares of the company’s stock after buying an additional 18,270 shares during the quarter. Kerrisdale Advisers LLC’s holdings in Dynatrace were worth $1,853,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC lifted its position in Dynatrace by 25.3% in the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after purchasing an additional 1,846 shares during the period. Jones Financial Companies Lllp increased its position in Dynatrace by 19.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after purchasing an additional 348 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after buying an additional 272 shares in the last quarter. Invesco Ltd. raised its stake in shares of Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock worth $43,816,000 after buying an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Dynatrace in the 2nd quarter valued at approximately $410,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Trading Down 0.1%

NYSE:DT opened at $53.63 on Monday. The company has a market capitalization of $15.50 billion, a P/E ratio of 107.26, a price-to-earnings-growth ratio of 3.28 and a beta of 0.72. The firm has a 50-day moving average price of $45.95 and a two-hundred day moving average price of $40.87. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $54.61.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The business had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. During the same period in the prior year, the business earned $0.42 earnings per share. The company’s quarterly revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, equities research analysts predict that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DT has been the subject of several research analyst reports. KeyCorp increased their price objective on Dynatrace from $53.00 to $61.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. DA Davidson raised their price objective on shares of Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Jefferies Financial Group reissued a “buy” rating on shares of Dynatrace in a report on Wednesday, August 5th. Wolfe Research restated an “outperform” rating and set a $42.00 target price on shares of Dynatrace in a research report on Thursday, May 14th. Finally, UBS Group reiterated a “buy” rating and set a $65.00 price target on shares of Dynatrace in a research report on Monday, August 24th. Twenty-three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and a consensus target price of $54.81.

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.