Wellington Management Group LLP Purchases 2,191,497 Shares of Dynatrace, Inc. $DT

Wellington Management Group LLP raised its position in Dynatrace, Inc. (NYSE:DT) by 23.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,528,792 shares of the company’s stock after acquiring an additional 2,191,497 shares during the period. Wellington Management Group LLP owned about 3.99% of Dynatrace worth $506,229,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Forsta AP Fonden increased its holdings in Dynatrace by 60.4% in the 4th quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock valued at $8,685,000 after buying an additional 75,500 shares during the period. UNIVEST FINANCIAL Corp bought a new stake in Dynatrace in the fourth quarter valued at about $1,212,000. AXQ Capital LP increased its stake in Dynatrace by 651.7% in the fourth quarter. AXQ Capital LP now owns 34,548 shares of the company’s stock valued at $1,497,000 after acquiring an additional 29,952 shares during the period. Hsbc Holdings PLC raised its position in Dynatrace by 12.0% in the fourth quarter. Hsbc Holdings PLC now owns 243,259 shares of the company’s stock worth $10,568,000 after purchasing an additional 26,129 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Dynatrace by 123,910.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,881,245 shares of the company’s stock worth $81,533,000 after purchasing an additional 1,879,728 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Dynatrace Trading Up 0.4%

Shares of Dynatrace stock opened at $53.63 on Friday. The stock has a market capitalization of $15.50 billion, a price-to-earnings ratio of 107.26, a P/E/G ratio of 3.28 and a beta of 0.72. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $54.61. The firm’s 50-day moving average price is $45.95 and its two-hundred day moving average price is $40.84.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The company’s revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the business posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, equities research analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current year.

Analyst Upgrades and Downgrades

DT has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their price objective on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research report on Thursday, June 25th. DA Davidson boosted their price target on Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citigroup upped their price target on Dynatrace from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Dynatrace in a research note on Wednesday, August 5th. Twenty-three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.81.

Dynatrace Company Profile

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.