Bamco Inc. NY Acquires 389,094 Shares of Dynatrace, Inc. $DT

Bamco Inc. NY raised its holdings in Dynatrace, Inc. (NYSE:DT) by 39.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,378,122 shares of the company’s stock after acquiring an additional 389,094 shares during the quarter. Bamco Inc. NY’s holdings in Dynatrace were worth $66,770,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of DT. MAI Capital Management lifted its position in shares of Dynatrace by 122.4% during the second quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after purchasing an additional 301 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares during the last quarter. VSM Wealth Advisory LLC bought a new position in shares of Dynatrace in the second quarter worth about $34,000. Hazlett Burt & Watson Inc. purchased a new position in Dynatrace in the 3rd quarter worth about $37,000. Finally, First Horizon Corp purchased a new position in Dynatrace in the 3rd quarter worth about $39,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Stephen A. Mcmahon acquired 3,000 shares of Dynatrace stock in a transaction that occurred on Tuesday, March 3rd. The stock was bought at an average price of $35.75 per share, with a total value of $107,250.00. Following the completion of the purchase, the executive vice president directly owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. This represents a 660.79% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on DT shares. Guggenheim reissued a “buy” rating and issued a $68.00 price objective on shares of Dynatrace in a research report on Tuesday, February 10th. BMO Capital Markets reduced their target price on shares of Dynatrace from $56.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. Rosenblatt Securities decreased their price target on shares of Dynatrace from $67.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Keefe, Bruyette & Woods upgraded Dynatrace to a “buy” rating in a report on Monday, February 9th. Finally, Jefferies Financial Group dropped their price objective on Dynatrace from $65.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Nineteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $53.48.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $38.32 on Friday. The stock has a market cap of $11.43 billion, a price-to-earnings ratio of 62.82, a PEG ratio of 3.06 and a beta of 0.82. The firm’s 50-day moving average is $38.23 and its two-hundred day moving average is $44.05. Dynatrace, Inc. has a 1 year low of $32.83 and a 1 year high of $57.55.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business had revenue of $515.47 million during the quarter, compared to analyst estimates of $506.31 million. During the same quarter in the previous year, the business posted $0.37 EPS. The company’s quarterly revenue was up 18.2% compared to the same quarter last year. 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, equities analysts expect that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Dynatrace declared that its Board of Directors has initiated a share buyback plan on Monday, February 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 9.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

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.