Handelsbanken Fonder AB Reduces Holdings in Dynatrace, Inc. $DT

Handelsbanken Fonder AB decreased its position in shares of Dynatrace, Inc. (NYSE:DT) by 9.4% during the third quarter, HoldingsChannel reports. The fund owned 2,257,400 shares of the company’s stock after selling 233,700 shares during the quarter. Handelsbanken Fonder AB’s holdings in Dynatrace were worth $109,371,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DT. BNP Paribas boosted its stake in shares of Dynatrace by 0.6% during the 2nd quarter. BNP Paribas now owns 36,563 shares of the company’s stock worth $2,019,000 after purchasing an additional 218 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of Dynatrace by 15.4% during the second quarter. SBI Securities Co. Ltd. now owns 1,869 shares of the company’s stock valued at $103,000 after buying an additional 249 shares during the period. Blue Trust Inc. grew its stake in shares of Dynatrace by 3.2% during the third quarter. Blue Trust Inc. now owns 8,334 shares of the company’s stock valued at $404,000 after buying an additional 257 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Dynatrace by 0.4% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 67,205 shares of the company’s stock worth $3,256,000 after buying an additional 264 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after acquiring an additional 272 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Performance

NYSE:DT opened at $36.36 on Friday. The firm has a 50-day simple moving average of $39.53 and a 200-day simple moving average of $44.87. Dynatrace, Inc. has a one year low of $32.83 and a one year high of $59.92. The firm has a market cap of $10.84 billion, a P/E ratio of 59.61, a P/E/G ratio of 2.80 and a beta of 0.84.

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

Dynatrace announced that its board has approved a stock buyback plan on Monday, February 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to purchase up to 9.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts have commented on DT shares. DA Davidson cut their price objective on Dynatrace from $65.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. KeyCorp upped their price target on shares of Dynatrace from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dynatrace in a report on Monday, December 29th. Cantor Fitzgerald lowered their price objective on shares of Dynatrace from $51.00 to $37.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Finally, TD Cowen reduced their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Nineteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Dynatrace presently has an average rating of “Moderate Buy” and an average price target of $52.52.

Insider Activity

In other news, EVP Dan Zugelder sold 7,505 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the transaction, the executive vice president directly owned 8,925 shares of the company’s stock, valued at approximately $404,034.75. The trade was a 45.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last quarter, insiders sold 7,843 shares of company stock valued at $354,744. Company insiders own 0.57% of the company’s stock.

Dynatrace 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.