Dynatrace (NYSE:DT) Stock Gets Price Target Reduction from UBS Group

Dynatrace (NYSE:DT) had its target price lowered by UBS Group from $80.00 to $75.00 in a report issued on Wednesday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on the company. BTIG Research dropped their price target on Dynatrace from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Tuesday. Royal Bank Of Canada decreased their price objective on shares of Dynatrace from $73.00 to $68.00 and set an “outperform” rating on the stock in a report on Wednesday. Scotiabank reiterated an “outperform” rating and issued a $61.00 price objective on shares of Dynatrace in a report on Thursday, August 6th. Canaccord Genuity Group increased their price objective on shares of Dynatrace from $46.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Rosenblatt Securities cut their target price on shares of Dynatrace from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday. Twenty-four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Dynatrace Trading Down 0.6%

Shares of Dynatrace stock traded down $0.28 during trading on Wednesday, hitting $43.42. 9,776,876 shares of the stock were exchanged, compared to its average volume of 7,832,414. The company has a fifty day moving average price of $57.24 and a 200-day moving average price of $44.70. The stock has a market capitalization of $12.55 billion, a price-to-earnings ratio of 80.40, a price-to-earnings-growth ratio of 3.38 and a beta of 0.76. Dynatrace has a 1-year low of $31.64 and a 1-year high of $66.30.

Dynatrace (NYSE:DT) last issued its earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $568.03 million. During the same period last year, the business posted $0.44 EPS. Dynatrace’s revenue was up 17.4% on a year-over-year basis. Equities research analysts forecast that Dynatrace will post 1.11 EPS for the current fiscal year.

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

Insiders Place Their Bets

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Pictet Asset Management Holding SA raised its position in shares of 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 buying an additional 1,531,104 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Dynatrace by 23.5% in the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after buying an additional 2,191,497 shares during the period. Bank of America Corp DE grew its position in Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after buying an additional 7,045,591 shares in the last quarter. First Trust Advisors LP grew its position in Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after buying an additional 5,958,505 shares in the last quarter. Finally, Amundi increased its stake 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 acquiring an additional 5,127,910 shares during the period. 94.28% of the stock is owned by institutional investors.

Key Headlines Impacting Dynatrace

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

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.