BTIG Research Reiterates “Buy” Rating for Dynatrace (NYSE:DT)

Dynatrace (NYSE:DT)‘s stock had its “buy” rating restated by research analysts at BTIG Research in a note issued to investors on Thursday,Benzinga reports. They presently have a $53.00 target price on the stock. BTIG Research’s price objective would indicate a potential upside of 45.34% from the stock’s current price.

A number of other brokerages also recently weighed in on DT. KeyCorp lifted their target price on Dynatrace from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dynatrace in a research report on Monday, February 9th. Truist Financial lowered their price objective on shares of Dynatrace from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Robert W. Baird set a $47.00 target price on shares of Dynatrace in a research note on Tuesday, February 10th. Finally, Guggenheim reissued a “buy” rating and set a $68.00 target price on shares of Dynatrace in a research note on Tuesday, February 10th. Nineteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $52.52.

Dynatrace Stock Down 0.5%

DT stock opened at $36.47 on Thursday. The firm has a market cap of $10.88 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 2.92 and a beta of 0.84. Dynatrace has a 12-month low of $32.83 and a 12-month high of $62.66. The company’s fifty day simple moving average is $40.67 and its 200 day simple moving average is $45.42.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $515.47 million during the quarter, compared to the consensus estimate of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The business’s revenue was up 18.2% compared to the same quarter last year. During the same period last year, the business posted $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Research analysts expect that Dynatrace will post 0.68 earnings per share for the current year.

Dynatrace declared that its Board of Directors has initiated a share repurchase program on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total transaction of $339,751.35. Following the transaction, the executive vice president owned 8,925 shares in the company, valued at approximately $404,034.75. This represents a 45.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 7,843 shares of company stock valued at $354,744. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP boosted its stake in 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 purchasing an additional 6,444,262 shares during the last quarter. Scge Management L.P. bought a new position in shares of Dynatrace in the second quarter valued at approximately $155,858,000. Alyeska Investment Group L.P. grew its holdings in Dynatrace by 1,201.7% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,888,249 shares of the company’s stock worth $125,177,000 after buying an additional 2,666,373 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in Dynatrace by 16.5% during the fourth quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock worth $634,985,000 after buying an additional 2,076,990 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Dynatrace by 123,910.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,881,245 shares of the company’s stock valued at $81,533,000 after buying an additional 1,879,728 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

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.