Dynatrace, Inc. $DT Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Dynatrace, Inc. (NYSE:DT) by 1,160.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 924,069 shares of the company’s stock after acquiring an additional 850,774 shares during the period. SG Americas Securities LLC’s holdings in Dynatrace were worth $34,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in Dynatrace by 25.3% in the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after purchasing an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Dynatrace by 19.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after buying an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised 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 buying an additional 272 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Dynatrace by 38.9% in the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after buying an additional 222,395 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Dynatrace in the 2nd quarter valued at approximately $410,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Wolfe Research restated an “outperform” rating and issued a $42.00 price target on shares of Dynatrace in a research note on Thursday, May 14th. Canaccord Genuity Group reduced their target price on Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, May 14th. BTIG Research decreased their target price on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Truist Financial set a $45.00 target price on shares of Dynatrace in a research report on Wednesday, April 15th. Finally, KeyCorp lowered their price target on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Twenty-two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.88.

Dynatrace Trading Down 0.2%

NYSE:DT opened at $40.37 on Wednesday. The company has a market capitalization of $11.77 billion, a P/E ratio of 74.76, a price-to-earnings-growth ratio of 2.61 and a beta of 0.75. The firm has a 50-day moving average price of $39.13 and a two-hundred day moving average price of $39.34. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $57.55.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, equities research analysts predict that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

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.