Dynatrace (NYSE:DT) Stock Rating Upgraded by DA Davidson

Dynatrace (NYSE:DT) was upgraded by DA Davidson to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other research analysts also recently commented on the stock. Weiss Ratings downgraded shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, April 14th. Wells Fargo & Company cut their target price on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Truist Financial set a $45.00 price target on shares of Dynatrace in a research report on Wednesday, April 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dynatrace in a research note on Monday, February 9th. Finally, Rothschild & Co Redburn initiated coverage on Dynatrace in a report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $51.32.

Dynatrace Stock Performance

Shares of DT opened at $37.64 on Thursday. Dynatrace has a one year low of $31.64 and a one year high of $57.55. The stock has a 50-day moving average price of $36.61 and a 200 day moving average price of $41.09. The company has a market capitalization of $11.23 billion, a P/E ratio of 61.71, a P/E/G ratio of 2.21 and a beta of 0.71.

Dynatrace (NYSE:DT) last announced its earnings results 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. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The company had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. During the same period in the prior year, the company posted $0.37 EPS. Dynatrace’s quarterly revenue was up 18.2% on a year-over-year basis. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, equities research analysts forecast that Dynatrace will post 0.88 earnings per share for the current fiscal year.

Dynatrace announced that its Board of Directors has authorized a share buyback program on Monday, February 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 9.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Insider Activity

In other Dynatrace news, EVP Stephen A. Mcmahon purchased 3,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of $35.75 per share, with a total value of $107,250.00. Following the acquisition, the executive vice president 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 SEC, which is accessible through this link. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

A number of large investors have recently bought and sold shares of DT. Penserra Capital Management LLC increased its stake in shares of Dynatrace by 22.0% in the third quarter. Penserra Capital Management LLC now owns 222,505 shares of the company’s stock valued at $10,780,000 after purchasing an additional 40,136 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Dynatrace by 5.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,077,181 shares of the company’s stock worth $52,039,000 after buying an additional 55,040 shares during the period. Stephens Investment Management Group LLC grew its holdings in Dynatrace by 63.1% in the 3rd quarter. Stephens Investment Management Group LLC now owns 1,040,475 shares of the company’s stock worth $50,411,000 after buying an additional 402,585 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in Dynatrace in the 3rd quarter worth approximately $1,584,000. Finally, BI Asset Management Fondsmaeglerselskab A S increased its position in Dynatrace by 149.1% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 51,326 shares of the company’s stock valued at $2,487,000 after acquiring an additional 30,718 shares during the period. Institutional investors own 94.28% of the company’s stock.

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.