Dynatrace’s (DT) Buy Rating Reiterated at BTIG Research

Dynatrace (NYSE:DT)‘s stock had its “buy” rating reiterated by BTIG Research in a research report issued on Thursday,Benzinga reports. They presently have a $53.00 target price on the stock. BTIG Research’s price objective points to a potential upside of 45.34% from the company’s previous close.

DT has been the subject of a number of other reports. TD Cowen cut their target price on Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Scotiabank dropped their price target on Dynatrace from $60.00 to $47.00 and set a “sector outperform” rating for the company in a research note on Tuesday, February 10th. UBS Group reduced their price objective on shares of Dynatrace from $50.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. Wells Fargo & Company cut their price target on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Finally, Guggenheim restated a “buy” rating and set a $68.00 price objective on shares of Dynatrace in a research report on Tuesday, February 10th. Nineteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.52.

Dynatrace Stock Performance

NYSE:DT opened at $36.47 on Thursday. The firm has a market cap of $10.88 billion, a price-to-earnings ratio of 59.78, a P/E/G ratio of 2.92 and a beta of 0.84. Dynatrace has a 52 week low of $32.83 and a 52 week high of $62.66. The firm’s 50-day simple moving average is $40.67 and its 200 day simple moving average is $45.42.

Dynatrace (NYSE:DT) last announced its earnings results on Monday, February 9th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. During the same period last year, the firm earned $0.37 earnings per share. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Sell-side analysts anticipate that Dynatrace will post 0.68 EPS for the current year.

Dynatrace declared that its Board of Directors has approved a share buyback plan on Monday, February 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other news, EVP Dan Zugelder sold 7,505 shares of Dynatrace stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total transaction of $339,751.35. Following the sale, the executive vice president directly owned 8,925 shares of the company’s stock, valued at approximately $404,034.75. This trade represents a 45.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders sold 7,843 shares of company stock worth $354,744. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

A number of institutional investors have recently added to or reduced their stakes in DT. NewEdge Advisors LLC lifted its holdings in shares of Dynatrace by 25.3% during the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after purchasing an additional 1,846 shares during the period. Jones Financial Companies Lllp raised its position in Dynatrace by 19.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after purchasing an additional 348 shares during the last quarter. Nordea Investment Management AB raised its position in Dynatrace by 3.0% during the 2nd quarter. Nordea Investment Management AB now owns 22,785 shares of the company’s stock worth $1,252,000 after purchasing an additional 669 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Dynatrace during the 2nd quarter worth about $210,000. Finally, Chicago Partners Investment Group LLC bought a new stake in shares of Dynatrace in the 2nd quarter valued at about $325,000. 94.28% of the stock is owned by institutional investors.

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.