ING Groep NV Makes New Investment in Dynatrace, Inc. $DT

ING Groep NV bought a new position in shares of Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 79,200 shares of the company’s stock, valued at approximately $3,433,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Havemeyer Place LP acquired a new position in shares of Dynatrace during the 4th quarter worth approximately $171,000. Vestcor Inc boosted its position in shares of Dynatrace by 39.0% during the 4th quarter. Vestcor Inc now owns 106,846 shares of the company’s stock worth $4,631,000 after acquiring an additional 30,000 shares in the last quarter. Pinebridge Investments LLC acquired a new stake in shares of Dynatrace during the 4th quarter worth approximately $6,756,000. WINTON GROUP Ltd acquired a new stake in shares of Dynatrace during the 4th quarter worth approximately $277,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Dynatrace by 3.0% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 161,746 shares of the company’s stock worth $7,010,000 after acquiring an additional 4,700 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

DT has been the topic of several analyst reports. BMO Capital Markets reduced their price target on shares of Dynatrace from $45.00 to $43.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. The Goldman Sachs Group initiated coverage on shares of Dynatrace in a research report on Tuesday, April 21st. They set a “buy” rating and a $45.00 price target on the stock. Barclays reduced their price target on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Wedbush set a $48.00 price target on shares of Dynatrace in a research report on Friday, May 15th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $46.50.

Dynatrace Price Performance

Shares of NYSE:DT opened at $41.91 on Tuesday. The company has a market cap of $12.22 billion, a price-to-earnings ratio of 77.61, a PEG ratio of 2.74 and a beta of 0.75. The firm has a 50 day simple moving average of $38.12 and a 200 day simple moving average of $39.61. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $531.72 million during 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 firm’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current year.

Dynatrace declared that its Board of Directors has approved a stock buyback plan on Monday, February 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to buy up to 9.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its shares are 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.