Federated Hermes Inc. boosted its position in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 54.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 994,825 shares of the company’s stock after buying an additional 349,397 shares during the quarter. Federated Hermes Inc.’s holdings in Dynatrace were worth $54,924,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of DT. MAI Capital Management lifted its holdings in shares of Dynatrace by 122.4% in the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after acquiring an additional 301 shares during the last quarter. VSM Wealth Advisory LLC purchased a new stake in Dynatrace in the 2nd quarter worth about $34,000. Eastern Bank bought a new stake in Dynatrace in the second quarter worth about $35,000. Brooklyn Investment Group boosted its position in shares of Dynatrace by 761.9% during the first quarter. Brooklyn Investment Group now owns 905 shares of the company’s stock valued at $43,000 after buying an additional 800 shares during the period. Finally, CX Institutional grew its stake in shares of Dynatrace by 42.6% during the second quarter. CX Institutional now owns 1,221 shares of the company’s stock valued at $67,000 after buying an additional 365 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.
Insider Activity at Dynatrace
In other news, EVP Dan Zugelder sold 7,503 shares of Dynatrace stock in a transaction on Monday, October 6th. The stock was sold at an average price of $50.00, for a total value of $375,150.00. Following the transaction, the executive vice president directly owned 1,420 shares in the company, valued at approximately $71,000. This trade represents a 84.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Daniel S. Yates sold 2,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $46.69, for a total value of $93,380.00. Following the completion of the transaction, the chief accounting officer directly owned 23,380 shares of the company’s stock, valued at approximately $1,091,612.20. The trade was a 7.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 39,756 shares of company stock valued at $1,878,023 over the last ninety days. 0.57% of the stock is owned by company insiders.
Dynatrace Price Performance
Dynatrace (NYSE:DT – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The business had revenue of $493.85 million for the quarter, compared to the consensus estimate of $487.33 million. During the same quarter last year, the firm posted $0.37 EPS. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. On average, analysts anticipate that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Cowen restated a “buy” rating on shares of Dynatrace in a report on Monday, November 17th. Truist Financial lowered their target price on shares of Dynatrace from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Weiss Ratings restated a “hold (c)” rating on shares of Dynatrace in a report on Monday, December 1st. Scotiabank reduced their price target on shares of Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Finally, UBS Group set a $51.00 price objective on shares of Dynatrace in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $61.59.
Dynatrace Profile
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
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