Dynatrace (NYSE:DT) Stock Gets Price Target Cut from Rosenblatt Securities

Dynatrace (NYSE:DT) had its target price decreased by Rosenblatt Securities from $70.00 to $65.00 in a research report released on Wednesday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the stock.

A number of other brokerages also recently commented on DT. Scotiabank restated an “outperform” rating and set a $61.00 price objective on shares of Dynatrace in a research report on Thursday, August 6th. Barclays upped their price target on Dynatrace from $60.00 to $71.00 and gave the company an “overweight” rating in a report on Tuesday, October 13th. BMO Capital Markets boosted their price target on shares of Dynatrace from $60.00 to $62.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 15th. Weiss Ratings raised Dynatrace from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Finally, Morgan Stanley raised Dynatrace from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $58.00 to $65.00 in a report on Tuesday, August 25th. Twenty-four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

Dynatrace Stock Performance

NYSE DT opened at $43.42 on Wednesday. The company has a market capitalization of $12.55 billion, a P/E ratio of 80.40, a P/E/G ratio of 3.38 and a beta of 0.76. The company has a fifty day moving average of $57.24 and a 200-day moving average of $44.70. Dynatrace has a 52-week low of $31.64 and a 52-week high of $66.30.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The business had revenue of $579.92 million during the quarter, compared to analyst estimates of $568.03 million. During the same period in the prior year, the business posted $0.44 earnings per share. The company’s revenue was up 17.4% on a year-over-year basis. As a group, analysts forecast that Dynatrace will post 1.11 EPS for the current fiscal year.

Dynatrace declared that its Board of Directors has approved a share buyback program on Tuesday, November 3rd that authorizes the company to repurchase $1 billion in shares. This buyback authorization authorizes the company to reacquire up to 6.3% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Activity

In other news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction on 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 in the company, valued at $51,766,239.66. This trade represents a 5.24% decrease in their ownership of the stock. 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. 0.69% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dynatrace

A number of hedge funds and other institutional investors have recently modified their holdings of DT. Pictet Asset Management Holding SA lifted its stake in Dynatrace by 12.0% in the third quarter. Pictet Asset Management Holding SA now owns 14,293,302 shares of the company’s stock valued at $825,243,000 after acquiring an additional 1,531,104 shares during the last quarter. Wellington Management Group LLP increased its position 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 worth $506,229,000 after purchasing an additional 2,191,497 shares during the last quarter. Bank of America Corp DE grew its position in shares of Dynatrace by 304.7% in 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 purchasing an additional 7,045,591 shares during the last quarter. First Trust Advisors LP increased its holdings in 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 buying an additional 5,958,505 shares during the period. Finally, Amundi grew its holdings in shares of Dynatrace by 461.5% during the first 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 during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Dynatrace News Summary

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Scotiabank maintained its Buy rating, signaling continued confidence in Dynatrace’s prospects. Scotiabank Sticks to Its Buy Rating for Dynatrace
• Positive Sentiment: Dynatrace’s board declared a share-buyback plan, which could support demand for the stock; the available report does not specify its size. Dynatrace Board Declares Share Buyback Plan
• Neutral Sentiment: Dynatrace is pairing AI security with observability, a strategic move that could open opportunities, though the article headline alone does not establish its likely near-term financial impact. Why Is Dynatrace Pairing AI Security With Observability Now?
• Negative Sentiment: Several analysts lowered price targets, including RBC to $68, Citi to $70, and Wedbush to $50 while retaining a Neutral rating. Although UBS also cut its target—to $75—it kept a Buy rating. Repeated reductions may add pressure despite targets remaining above the recent share price. RBC Cuts Dynatrace Price Target Citi Sets New Price Target Wedbush Trims Price Target
• Negative Sentiment: Commentary points to slower momentum and delayed enterprise deals weighing on the outlook, with Q4 seen as an important test. Shares also crossed below their 200-day moving average, a technical signal that can reinforce bearish sentiment. Dynatrace Q2 Review Delayed Enterprise Deals Weigh on Outlook Stock Crosses Below 200-Day Moving Average

Dynatrace Company Profile

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.