Quantinno Capital Management LP Acquires 858,477 Shares of Dynatrace, Inc. $DT

Quantinno Capital Management LP grew its holdings in Dynatrace, Inc. (NYSE:DT) by 75.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,990,773 shares of the company’s stock after buying an additional 858,477 shares during the period. Quantinno Capital Management LP’s holdings in Dynatrace were worth $73,619,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Pictet Asset Management Holding SA grew its position in Dynatrace by 7.9% in the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after acquiring an additional 1,160,690 shares in the last quarter. State Street Corp lifted its position in Dynatrace by 1.0% in the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after buying an additional 101,994 shares during the last quarter. Wellington Management Group LLP lifted its position in Dynatrace by 9.0% in the fourth quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock worth $346,716,000 after buying an additional 659,792 shares during the last quarter. First Trust Advisors LP boosted its stake in Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after buying an additional 5,958,505 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Dynatrace by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 6,098,443 shares of the company’s stock worth $263,631,000 after buying an additional 137,225 shares during the period. Institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on DT. KeyCorp increased their target price on shares of Dynatrace from $47.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. dropped their target price on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. William Blair assumed coverage on shares of Dynatrace in a research note on Thursday, May 21st. They set an “outperform” rating for the company. Morgan Stanley lowered their price target on Dynatrace from $43.00 to $40.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Finally, The Goldman Sachs Group raised their price objective on Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.42.

Dynatrace Stock Performance

Shares of DT opened at $43.87 on Wednesday. The company has a 50 day moving average price of $42.56 and a 200-day moving average price of $39.28. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $55.49. The stock has a market capitalization of $12.73 billion, a PE ratio of 81.25, a PEG ratio of 2.81 and a beta of 0.73.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm 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 quarterly revenue was up 19.4% on a year-over-year basis. During the same period last 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. Equities research analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current year.

Dynatrace Company 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.