Van Berkom & Associates Inc. Buys 13,225 Shares of Dynatrace, Inc. $DT

Van Berkom & Associates Inc. boosted its position in shares of Dynatrace, Inc. (NYSE:DT) by 60.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,062 shares of the company’s stock after buying an additional 13,225 shares during the quarter. Van Berkom & Associates Inc.’s holdings in Dynatrace were worth $1,297,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DT. Meeder Advisory Services Inc. bought a new stake in shares of Dynatrace during the first quarter worth $425,000. Dimensional Fund Advisors LP boosted its holdings in Dynatrace by 26.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,260,618 shares of the company’s stock valued at $83,600,000 after acquiring an additional 473,465 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Dynatrace by 10.0% in the first quarter. Parallel Advisors LLC now owns 25,987 shares of the company’s stock valued at $961,000 after acquiring an additional 2,373 shares during the last quarter. Kera Capital Partners Inc. increased its position in Dynatrace by 90.1% in the first quarter. Kera Capital Partners Inc. now owns 15,044 shares of the company’s stock worth $556,000 after purchasing an additional 7,129 shares during the period. Finally, Angeles Wealth Management LLC acquired a new stake in Dynatrace in the first quarter worth about $205,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Rosenblatt Securities cut their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Guggenheim cut shares of Dynatrace from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. BTIG Research dropped their price target on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Jefferies Financial Group cut their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Finally, BMO Capital Markets raised their price objective on shares of Dynatrace from $43.00 to $50.00 and gave the company an “outperform” rating in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $49.27.

Dynatrace Stock Performance

Shares of DT stock opened at $44.47 on Monday. The company has a market capitalization of $12.91 billion, a P/E ratio of 82.34, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73. The company’s 50 day moving average price is $41.98 and its two-hundred day moving average price is $39.30. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $55.49.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same quarter in the prior year, the company earned $0.33 earnings per share. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Analysts forecast that Dynatrace, Inc. will post 1.12 earnings per share 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.