Truist Financial Lowers Dynatrace (NYSE:DT) Price Target to $55.00

Dynatrace (NYSE:DT) had its price objective decreased by equities researchers at Truist Financial from $60.00 to $55.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s target price suggests a potential upside of 18.51% from the stock’s previous close.

DT has been the subject of several other reports. Guggenheim increased their target price on Dynatrace from $66.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dynatrace in a research report on Monday. Scotiabank reduced their target price on shares of Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Wells Fargo & Company started coverage on shares of Dynatrace in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 price target for the company. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $67.00 price target on shares of Dynatrace in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average price target of $61.59.

Dynatrace Price Performance

DT stock opened at $46.41 on Wednesday. The stock has a market cap of $13.99 billion, a price-to-earnings ratio of 27.79, a P/E/G ratio of 3.59 and a beta of 0.85. The company has a 50 day simple moving average of $48.45 and a 200 day simple moving average of $50.89. Dynatrace has a 1 year low of $39.30 and a 1 year high of $63.00.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The firm had revenue of $493.85 million for the quarter, compared to analysts’ expectations of $487.33 million. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The company’s revenue was up 18.1% on a year-over-year basis. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. On average, equities research analysts anticipate that Dynatrace will post 0.68 EPS for the current fiscal year.

Insider Activity

In other news, Director Lisa M. Campbell sold 1,013 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $49.77, for a total value of $50,417.01. Following the transaction, the director owned 1,012 shares in the company, valued at approximately $50,367.24. The trade was a 50.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rick M. Mcconnell sold 30,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the completion of the transaction, the chief executive officer owned 108,125 shares in the company, valued at approximately $5,039,706.25. The trade was a 21.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 42,602 shares of company stock worth $2,021,259 over the last quarter. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

A number of hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP lifted its position in shares of Dynatrace by 719.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after acquiring an additional 6,444,262 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Dynatrace by 79.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock valued at $329,477,000 after purchasing an additional 3,092,576 shares in the last quarter. Scge Management L.P. acquired a new position in shares of Dynatrace during the second quarter valued at about $155,858,000. Ameriprise Financial Inc. boosted its position in shares of Dynatrace by 146.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,728,251 shares of the company’s stock worth $128,638,000 after purchasing an additional 1,621,136 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Dynatrace during the 2nd quarter worth about $87,620,000. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Company Profile

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.