Dynatrace, Inc. $DT Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 726,995 shares of the company’s stock after selling 20,496 shares during the quarter. Principal Financial Group Inc. owned approximately 0.24% of Dynatrace worth $26,884,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. V Square Quantitative Management LLC purchased a new position in shares of Dynatrace in the fourth quarter worth about $26,000. Brown Lisle Cummings Inc. grew its stake in Dynatrace by 218.8% during the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after acquiring an additional 547 shares in the last quarter. RHL Group LLC purchased a new stake in Dynatrace during the 4th quarter valued at about $30,000. Larson Financial Group LLC raised its holdings in 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 during the last quarter. Finally, True Wealth Design LLC raised its holdings in Dynatrace by 99.6% in the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 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 have recently weighed in on the company. Guggenheim cut Dynatrace from a “buy” rating to a “neutral” rating in a report on Wednesday, May 13th. DA Davidson lifted their price objective on Dynatrace from $45.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Scotiabank lowered their price objective on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a research note on Thursday, May 14th. Royal Bank Of Canada restated an “outperform” rating and issued a $50.00 target price on shares of Dynatrace in a report on Thursday. Finally, Citigroup cut their target price on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.88.

Dynatrace Price Performance

Shares of NYSE DT opened at $44.72 on Tuesday. The company has a market capitalization of $12.98 billion, a P/E ratio of 82.82, a P/E/G ratio of 2.85 and a beta of 0.73. The company has a 50 day simple moving average of $42.06 and a 200-day simple moving average of $39.30. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $55.49.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.33 earnings per share. 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 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.