Hsbc Holdings PLC Acquires 26,129 Shares of Dynatrace, Inc. $DT

Hsbc Holdings PLC increased its holdings in Dynatrace, Inc. (NYSE:DT) by 12.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 243,259 shares of the company’s stock after purchasing an additional 26,129 shares during the period. Hsbc Holdings PLC’s holdings in Dynatrace were worth $10,568,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. V Square Quantitative Management LLC bought a new position in shares of Dynatrace during the fourth quarter valued at about $26,000. RHL Group LLC bought a new stake in shares of Dynatrace in the 4th quarter valued at about $30,000. Larson Financial Group LLC lifted its stake in shares of Dynatrace by 168.8% in the 4th 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. True Wealth Design LLC boosted its holdings in Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 shares during the period. Finally, Banque Cantonale Vaudoise boosted its holdings in Dynatrace by 210.0% during the 4th quarter. Banque Cantonale Vaudoise now owns 1,606 shares of the company’s stock valued at $70,000 after acquiring an additional 1,088 shares during the period. Institutional investors own 94.28% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on DT. TD Cowen decreased their price target on Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Morgan Stanley dropped their price objective on Dynatrace from $43.00 to $40.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. BMO Capital Markets raised their target price on shares of Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Guggenheim downgraded shares of Dynatrace from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 13th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a report on Thursday, June 25th. Twenty-two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.88.

Dynatrace Price Performance

NYSE DT opened at $43.87 on Thursday. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $56.65. The stock has a market capitalization of $12.79 billion, a PE ratio of 81.23, a PEG ratio of 2.90 and a beta of 0.73. The business’s 50-day moving average is $41.04 and its 200 day moving average is $39.27.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. During the same quarter in the prior year, the company posted $0.33 EPS. Dynatrace’s quarterly revenue 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, equities research analysts anticipate that Dynatrace, Inc. will post 1.12 earnings per share for the current year.

Dynatrace 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.