Sequoia Financial Advisors LLC Raises Stock Holdings in Dynatrace, Inc. $DT

Sequoia Financial Advisors LLC increased its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 25.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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.

Several other hedge funds and other institutional investors have also bought and sold shares of DT. V Square Quantitative Management LLC purchased a new position in shares of Dynatrace in the 4th quarter worth about $26,000. RHL Group LLC purchased a new stake in Dynatrace during the fourth quarter worth about $30,000. CX Institutional raised its position in Dynatrace by 1,119.0% in the second quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after acquiring an additional 649 shares during the period. Brown Lisle Cummings Inc. raised its position in Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares during the period. Finally, Larson Financial Group LLC boosted its stake in Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 508 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Down 0.3%

DT opened at $49.52 on Thursday. The company has a market capitalization of $14.31 billion, a price-to-earnings ratio of 99.04, a PEG ratio of 2.97 and a beta of 0.72. The firm has a 50-day moving average price of $43.84 and a 200-day moving average price of $39.80. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $53.28.

Dynatrace (NYSE:DT) last posted its quarterly 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. The company had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, sell-side analysts expect that Dynatrace, Inc. will post 1.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

DT has been the subject of several research analyst reports. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. BTIG Research upped their price objective on Dynatrace from $47.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Rosenblatt Securities reissued a “buy” rating and set a $52.00 price objective on shares of Dynatrace in a report on Tuesday, August 4th. Zacks Research raised Dynatrace from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Finally, Truist Financial raised their target price on Dynatrace from $45.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.77.

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.