Retirement Systems of Alabama Purchases 71,841 Shares of Dynatrace, Inc. $DT

Retirement Systems of Alabama raised its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 19.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 436,380 shares of the company’s stock after purchasing an additional 71,841 shares during the quarter. Retirement Systems of Alabama owned approximately 0.14% of Dynatrace worth $18,913,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DT. Cornerstone Planning Group LLC raised its position in shares of Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares during the period. Hazlett Burt & Watson Inc. bought a new position in Dynatrace in the 3rd quarter worth approximately $37,000. First Horizon Corp bought a new position in Dynatrace in the 3rd quarter worth approximately $39,000. True Wealth Design LLC grew its stake in Dynatrace by 99.6% in 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 in the last quarter. Finally, SJS Investment Consulting Inc. grew its stake in Dynatrace by 6,835.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 971 shares of the company’s stock valued at $47,000 after buying an additional 957 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In other Dynatrace news, EVP Stephen A. Mcmahon bought 3,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the purchase, the executive vice president directly owned 3,454 shares of the company’s stock, valued at $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by insiders.

Dynatrace Price Performance

NYSE DT opened at $36.68 on Thursday. The company’s 50 day simple moving average is $37.36 and its two-hundred day simple moving average is $42.95. Dynatrace, Inc. has a 1 year low of $32.83 and a 1 year high of $57.55. The stock has a market capitalization of $10.94 billion, a PE ratio of 60.13, a P/E/G ratio of 2.95 and a beta of 0.82.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Monday, February 9th. 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 9.55% and a return on equity of 9.75%. The firm had revenue of $515.47 million during the quarter, compared to analyst estimates of $506.31 million. During the same period in the previous year, the business earned $0.37 EPS. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. On average, research analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace announced that its Board of Directors has initiated a share buyback plan on Monday, February 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

DT has been the topic of several recent research reports. Robert W. Baird set a $47.00 target price on Dynatrace in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dynatrace in a research report on Monday, December 29th. Keefe, Bruyette & Woods upgraded Dynatrace to a “buy” rating in a research note on Monday, February 9th. DA Davidson dropped their price objective on Dynatrace from $65.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Finally, Wedbush cut their target price on Dynatrace from $67.00 to $55.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $53.48.

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.