ING Groep NV Takes $3.43 Million Position in Dynatrace, Inc. $DT

ING Groep NV bought a new stake in Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 79,200 shares of the company’s stock, valued at approximately $3,433,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Havemeyer Place LP bought a new stake in shares of Dynatrace in the 4th quarter valued at about $171,000. Vestcor Inc raised its holdings in shares of Dynatrace by 39.0% in the 4th quarter. Vestcor Inc now owns 106,846 shares of the company’s stock valued at $4,631,000 after purchasing an additional 30,000 shares during the period. Pinebridge Investments LLC bought a new stake in shares of Dynatrace in the 4th quarter valued at about $6,756,000. WINTON GROUP Ltd bought a new stake in shares of Dynatrace in the 4th quarter valued at about $277,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Dynatrace by 3.0% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 161,746 shares of the company’s stock valued at $7,010,000 after purchasing an additional 4,700 shares during the period. 94.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on DT. Canaccord Genuity Group lowered their price target on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. TD Cowen lowered their price target on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Rosenblatt Securities lowered their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Keefe, Bruyette & Woods raised shares of Dynatrace to a “buy” rating in a report on Monday, February 9th. Finally, BTIG Research lowered their price target on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Twenty-one investment 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.50.

Dynatrace Stock Down 0.7%

Shares of NYSE:DT opened at $41.91 on Tuesday. The company’s 50 day moving average price is $38.12 and its two-hundred day moving average price is $39.61. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $57.55. The firm has a market cap of $12.22 billion, a PE ratio of 77.61, a PEG ratio of 2.74 and a beta of 0.75.

Dynatrace (NYSE:DT) last announced its 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. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. During the same quarter in the prior year, the business posted $0.33 EPS. The business’s 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. On average, research analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current year.

Dynatrace declared that its Board of Directors has initiated a share buyback program on Monday, February 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to buy up to 9.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

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.