Sequoia Financial Advisors LLC Buys 20,222 Shares of Dynatrace, Inc. $DT

Sequoia Financial Advisors LLC boosted its position in Dynatrace, Inc. (NYSE:DT) by 25.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 100,563 shares of the company’s stock after acquiring an additional 20,222 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Dynatrace were worth $4,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cim LLC boosted its holdings in Dynatrace by 1.0% in the third quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after acquiring an additional 228 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in Dynatrace by 1.4% in the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after acquiring an additional 231 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Dynatrace by 21.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of Dynatrace by 1.3% during the fourth quarter. Principal Securities Inc. now owns 24,879 shares of the company’s stock valued at $1,078,000 after acquiring an additional 316 shares in the last quarter. Finally, MJP Associates Inc. ADV raised its position in shares of Dynatrace by 5.8% during the fourth quarter. MJP Associates Inc. ADV now owns 6,242 shares of the company’s stock worth $271,000 after purchasing an additional 340 shares during the period. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Down 0.6%

Shares of Dynatrace stock opened at $51.09 on Friday. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $54.83. The business has a 50 day moving average price of $47.77 and a 200-day moving average price of $41.91. The company has a market cap of $14.77 billion, a PE ratio of 102.19, a price-to-earnings-growth ratio of 3.12 and a beta of 0.74.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company had revenue of $554.55 million for the quarter, compared to analysts’ expectations of $550.01 million. During the same quarter in the previous year, the firm earned $0.42 earnings per share. Dynatrace’s quarterly revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, research analysts anticipate that Dynatrace, Inc. will post 1.08 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DT shares. Cantor Fitzgerald increased their target price on Dynatrace from $37.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Zacks Research lowered shares of Dynatrace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Canaccord Genuity Group upped their price objective on shares of Dynatrace from $46.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Oppenheimer upped their price objective on shares of Dynatrace from $45.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Finally, Royal Bank Of Canada raised their price objective on shares of Dynatrace from $50.00 to $59.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Twenty-two research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.04.

Dynatrace Company Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company’s offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.