Bamco Inc. NY Acquires 389,094 Shares of Dynatrace, Inc. $DT

Bamco Inc. NY grew its holdings in Dynatrace, Inc. (NYSE:DT) by 39.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,378,122 shares of the company’s stock after acquiring an additional 389,094 shares during the period. Bamco Inc. NY owned about 0.46% of Dynatrace worth $66,770,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Dynatrace by 2.4% during the third quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock worth $1,557,324,000 after acquiring an additional 739,895 shares during the last quarter. American Century Companies Inc. boosted its stake in Dynatrace by 0.9% during the third quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after buying an additional 73,827 shares during the last quarter. Wellington Management Group LLP grew its holdings in Dynatrace by 719.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after buying an additional 6,444,262 shares in the last quarter. Geode Capital Management LLC increased its stake in Dynatrace by 2.4% in the 2nd quarter. Geode Capital Management LLC now owns 5,757,417 shares of the company’s stock worth $316,948,000 after acquiring an additional 134,478 shares during the last quarter. Finally, Westfield Capital Management Co. LP raised its holdings in shares of Dynatrace by 13.3% during the 3rd quarter. Westfield Capital Management Co. LP now owns 3,345,780 shares of the company’s stock worth $162,103,000 after acquiring an additional 394,054 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on DT shares. Keefe, Bruyette & Woods upgraded Dynatrace to a “buy” rating in a research report on Monday, February 9th. Wells Fargo & Company decreased their price target on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Dynatrace in a research note on Monday, December 29th. Jefferies Financial Group reduced their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Finally, Rosenblatt Securities decreased their target price on shares of Dynatrace from $67.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Nineteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $53.48.

Insider Buying and Selling

In other news, EVP Stephen A. Mcmahon acquired 3,000 shares of Dynatrace stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the transaction, the executive vice president directly owned 3,454 shares of the company’s stock, valued at $123,480.50. This trade represents a 660.79% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.57% of the company’s stock.

Dynatrace Stock Up 0.8%

Shares of DT opened at $38.32 on Friday. The business has a fifty day moving average of $38.23 and a 200 day moving average of $44.05. The company has a market cap of $11.43 billion, a PE ratio of 62.82, a P/E/G ratio of 3.06 and a beta of 0.82. Dynatrace, Inc. has a 52-week low of $32.83 and a 52-week high of $57.55.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. During the same quarter in the previous year, the business posted $0.37 earnings per share. The business’s revenue was up 18.2% compared to the same quarter last year. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, research analysts anticipate that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Dynatrace declared that its board has approved a share repurchase plan on Monday, February 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 9.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

About Dynatrace

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.