Robeco Institutional Asset Management B.V. reduced its position in Dynatrace, Inc. (NYSE:DT – Free Report) by 94.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,973 shares of the company’s stock after selling 1,479,401 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Dynatrace were worth $4,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in DT. Pictet Asset Management Holding SA grew its position in Dynatrace by 7.9% during the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock valued at $584,649,000 after buying an additional 1,160,690 shares during the period. Wellington Management Group LLP increased its holdings in 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 in the last quarter. Bank of America Corp DE increased its holdings in 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 buying an additional 7,045,591 shares in the last quarter. First Trust Advisors LP increased its holdings in Dynatrace by 706.8% in the first 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 in the last quarter. Finally, Amundi raised its position in shares of Dynatrace by 461.5% in the first 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 hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the stock. Barclays increased their target price on shares of Dynatrace from $60.00 to $71.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 13th. KeyCorp raised their target price on Dynatrace from $53.00 to $61.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Yorkville Ives began coverage on Dynatrace in a research note on Tuesday, October 6th. They issued an “in-line” rating and a $62.00 price target for the company. Royal Bank Of Canada upped their price target on Dynatrace from $59.00 to $73.00 and gave the stock an “outperform” rating in a report on Monday, October 12th. Finally, Wedbush cut Dynatrace from an “outperform” rating to a “neutral” rating and set a $54.00 price target for the company. in a report on Thursday, September 10th. Twenty-four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.90.
View Our Latest Stock Report on Dynatrace
Insider Activity
In other 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 transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is currently owned by company insiders.
Dynatrace Stock Performance
Dynatrace stock opened at $64.14 on Friday. The stock has a market capitalization of $18.54 billion, a P/E ratio of 128.27, a P/E/G ratio of 3.94 and a beta of 0.77. The company’s fifty day moving average price is $56.36 and its 200 day moving average price is $46.62. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $66.30.
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the prior 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. Sell-side analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current year.
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.
Read More
- Five stocks we like better than Dynatrace
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
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:DT – Free Report).
Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.
