Natixis Advisors LLC decreased its stake in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 36.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 491,539 shares of the company’s stock after selling 287,878 shares during the period. Natixis Advisors LLC’s holdings in Dynatrace were worth $21,303,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in Dynatrace during the 4th quarter valued at about $26,000. Cornerstone Planning Group LLC increased its stake in Dynatrace by 561.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 494 shares during the period. RHL Group LLC acquired a new position in Dynatrace during the 4th quarter valued at about $30,000. Larson Financial Group LLC increased its stake in Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 508 shares during the period. Finally, True Wealth Design LLC increased its stake in Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after buying an additional 447 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on DT. Cantor Fitzgerald lowered their target price on shares of Dynatrace from $51.00 to $37.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Wedbush set a $48.00 target price on shares of Dynatrace in a research note on Friday, May 15th. Rosenblatt Securities reduced their price objective on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Wolfe Research restated an “outperform” rating and set a $42.00 price objective on shares of Dynatrace in a research report on Thursday, May 14th. Finally, Weiss Ratings lowered shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Twenty-one investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $46.50.
Dynatrace Trading Down 2.3%
NYSE:DT opened at $42.26 on Friday. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $57.55. The company has a 50-day moving average of $38.03 and a 200-day moving average of $39.68. The firm has a market cap of $12.32 billion, a price-to-earnings ratio of 78.25, a price-to-earnings-growth ratio of 2.81 and a beta of 0.75.
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. During the same quarter last year, the firm posted $0.33 EPS. The business’s revenue for the quarter was up 19.4% on a year-over-year basis. 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, research analysts forecast that Dynatrace, Inc. will post 1.11 earnings per share for the current year.
Dynatrace declared that its Board of Directors has approved a stock repurchase program on Monday, February 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.
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.
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