NewEdge Wealth LLC Boosts Stock Position in Dynatrace, Inc. $DT

NewEdge Wealth LLC raised its holdings in Dynatrace, Inc. (NYSE:DT) by 56.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,203 shares of the company’s stock after purchasing an additional 19,899 shares during the quarter. NewEdge Wealth LLC’s holdings in Dynatrace were worth $2,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Forsta AP Fonden raised its holdings in shares of Dynatrace by 60.4% in the 4th quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock worth $8,685,000 after purchasing an additional 75,500 shares during the period. UNIVEST FINANCIAL Corp purchased a new position in Dynatrace in the fourth quarter valued at approximately $1,212,000. LBP AM SA grew its holdings in Dynatrace by 9.8% during the fourth quarter. LBP AM SA now owns 776,955 shares of the company’s stock valued at $33,673,000 after purchasing an additional 69,318 shares during the period. AXQ Capital LP grew its holdings in Dynatrace by 651.7% during the fourth quarter. AXQ Capital LP now owns 34,548 shares of the company’s stock valued at $1,497,000 after purchasing an additional 29,952 shares during the period. Finally, Oak Thistle LLC purchased a new stake in Dynatrace in the fourth quarter worth $1,938,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DT. William Blair started coverage on Dynatrace in a research note on Thursday, May 21st. They issued an “outperform” rating on the stock. Scotiabank cut their price target on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research note on Thursday, May 14th. Canaccord Genuity Group cut their price target on Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. BMO Capital Markets lifted their price objective on Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Finally, Guggenheim cut Dynatrace from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $49.42.

Dynatrace Price Performance

Dynatrace stock opened at $41.67 on Friday. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $55.49. The business has a fifty day moving average price of $42.41 and a 200-day moving average price of $39.29. The firm has a market capitalization of $12.10 billion, a P/E ratio of 77.18, a PEG ratio of 2.68 and a beta of 0.73.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (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 company had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. During the same period in the previous year, the company posted $0.33 EPS. 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. Sell-side analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal 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.