Pacer Advisors Inc. grew its stake in Dynatrace, Inc. (NYSE:DT – Free Report) by 45.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 410,484 shares of the company’s stock after buying an additional 128,056 shares during the quarter. Pacer Advisors Inc.’s holdings in Dynatrace were worth $17,790,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of DT. V Square Quantitative Management LLC purchased a new stake in shares of Dynatrace during the 4th quarter worth $26,000. RHL Group LLC purchased a new position in Dynatrace in the fourth quarter valued at $30,000. Larson Financial Group LLC increased its holdings in Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 508 shares during the last quarter. True Wealth Design LLC raised its stake in Dynatrace by 99.6% in the fourth 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, Banque Cantonale Vaudoise raised its stake in Dynatrace by 210.0% in the fourth quarter. Banque Cantonale Vaudoise now owns 1,606 shares of the company’s stock valued at $70,000 after buying an additional 1,088 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
DT has been the subject of several analyst reports. Scotiabank lowered their price objective on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research report on Thursday, May 14th. Morgan Stanley cut their target price on Dynatrace from $43.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. Rosenblatt Securities lowered their price target on Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a report on Friday, May 1st. Rothschild & Co Redburn initiated coverage on shares of Dynatrace in a research note on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price target on the stock. Finally, William Blair began coverage on shares of Dynatrace in a research report on Thursday, May 21st. They set an “outperform” rating for the company. Twenty-two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Dynatrace presently has a consensus rating of “Moderate Buy” and an average price target of $47.88.
Dynatrace Stock Performance
Shares of NYSE:DT opened at $41.41 on Friday. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The stock has a market capitalization of $12.07 billion, a price-to-earnings ratio of 76.68, a PEG ratio of 2.67 and a beta of 0.75. The company has a 50-day simple moving average of $38.84 and a 200-day simple moving average of $39.44.
Dynatrace (NYSE:DT – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business’s revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the company posted $0.33 earnings per share. 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, research analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.
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.
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