Dynatrace, Inc. $DT Shares Acquired by Vestcor Inc

Vestcor Inc lifted its position in shares of Dynatrace, Inc. (NYSE:DT) by 39.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,846 shares of the company’s stock after purchasing an additional 30,000 shares during the period. Vestcor Inc’s holdings in Dynatrace were worth $4,631,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in shares of Dynatrace in the fourth quarter worth $26,000. RHL Group LLC bought a new stake in shares of Dynatrace in the fourth quarter worth $30,000. Larson Financial Group LLC increased its stake in shares of Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after buying an additional 508 shares during the last quarter. True Wealth Design LLC increased its stake in shares of Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after buying an additional 447 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after buying an additional 272 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Price Performance

DT stock opened at $42.26 on Friday. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $57.55. The firm has a fifty day moving average price of $38.03 and a two-hundred day moving average price of $39.68. The firm has a market cap of $12.32 billion, a price-to-earnings ratio of 78.25, a PEG ratio of 2.74 and a beta of 0.75.

Dynatrace (NYSE:DT) last released its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. 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 fiscal year.

Dynatrace announced that its board has authorized a stock repurchase 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 typically an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

DT has been the subject of a number of research analyst reports. Weiss Ratings lowered shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. BMO Capital Markets dropped their price target on shares of Dynatrace from $45.00 to $43.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Keefe, Bruyette & Woods upgraded shares of Dynatrace to a “buy” rating in a research note on Monday, February 9th. William Blair initiated coverage on shares of Dynatrace in a research note on Thursday, May 21st. They issued an “outperform” rating for the company. Finally, Jefferies Financial Group dropped their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Twenty-one investment 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $46.50.

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.