Thrivent Financial for Lutherans Has $14.67 Million Stock Holdings in Dynatrace, Inc. $DT

Thrivent Financial for Lutherans reduced its stake in shares of Dynatrace, Inc. (NYSE:DTFree Report) by 23.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 265,609 shares of the company’s stock after selling 82,596 shares during the period. Thrivent Financial for Lutherans’ holdings in Dynatrace were worth $14,665,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DT. Vanguard Group Inc. increased its position in shares of Dynatrace by 3.6% during the second quarter. Vanguard Group Inc. now owns 31,403,014 shares of the company’s stock worth $1,733,760,000 after acquiring an additional 1,084,307 shares in the last quarter. American Century Companies Inc. boosted its stake in Dynatrace by 0.6% in the 2nd quarter. American Century Companies Inc. now owns 7,845,619 shares of the company’s stock worth $433,157,000 after purchasing an additional 44,288 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Dynatrace by 79.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock worth $329,477,000 after purchasing an additional 3,092,576 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Dynatrace by 2.4% in the 2nd quarter. Geode Capital Management LLC now owns 5,757,417 shares of the company’s stock valued at $316,948,000 after purchasing an additional 134,478 shares during the period. Finally, Eminence Capital LP lifted its holdings in shares of Dynatrace by 25.6% in the first quarter. Eminence Capital LP now owns 3,351,603 shares of the company’s stock valued at $158,028,000 after purchasing an additional 683,443 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Trading Down 0.4%

Shares of DT opened at $44.20 on Wednesday. The company’s fifty day simple moving average is $46.85 and its 200 day simple moving average is $49.87. Dynatrace, Inc. has a 1-year low of $39.30 and a 1-year high of $63.00. The company has a market cap of $13.33 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 3.53 and a beta of 0.87.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $493.85 million during the quarter, compared to the consensus estimate of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The company’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. As a group, research analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Insider Buying and Selling

In other Dynatrace news, CEO Rick M. Mcconnell sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the transaction, the chief executive officer owned 108,125 shares of the company’s stock, valued at $5,039,706.25. The trade was a 21.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dan Zugelder sold 7,505 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the sale, the executive vice president owned 8,925 shares in the company, valued at $404,034.75. This represents a 45.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 47,346 shares of company stock worth $2,221,574. Company insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Oppenheimer began coverage on Dynatrace in a report on Wednesday, August 27th. They set an “outperform” rating and a $65.00 price objective for the company. Wells Fargo & Company assumed coverage on shares of Dynatrace in a report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 price objective on the stock. Cowen reissued a “buy” rating on shares of Dynatrace in a research report on Monday, November 17th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $67.00 target price on shares of Dynatrace in a research report on Thursday, November 6th. Finally, UBS Group set a $51.00 price target on shares of Dynatrace in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.59.

Check Out Our Latest Stock Report on Dynatrace

Dynatrace Company Profile

(Free Report)

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.

Further Reading

Want to see what other hedge funds are holding DT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dynatrace, Inc. (NYSE:DTFree Report).

Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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