Dynatrace, Inc. $DT Shares Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP lifted its stake in Dynatrace, Inc. (NYSE:DT) by 61.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 673,278 shares of the company’s stock after purchasing an additional 257,208 shares during the period. ExodusPoint Capital Management LP’s holdings in Dynatrace were worth $29,180,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Dynatrace by 2.4% in the third quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock valued at $1,557,324,000 after purchasing an additional 739,895 shares during the period. Pictet Asset Management Holding SA lifted its stake in shares of Dynatrace by 16.5% in the fourth quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock valued at $634,985,000 after purchasing an additional 2,076,990 shares during the period. State Street Corp lifted its stake in shares of Dynatrace by 1.0% in the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock valued at $462,193,000 after purchasing an additional 101,994 shares during the period. American Century Companies Inc. lifted its stake in shares of Dynatrace by 0.9% in the third quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after purchasing an additional 73,827 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of Dynatrace by 719.3% in the third quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after purchasing an additional 6,444,262 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DT. Morgan Stanley reduced their price objective on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. Guggenheim cut shares of Dynatrace from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. UBS Group upgraded shares of Dynatrace from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $36.00 to $60.00 in a research report on Monday. BMO Capital Markets lifted their target price on shares of Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Scotiabank cut their target price on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research report on Thursday, May 14th. Twenty-two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.69.

Dynatrace Price Performance

Shares of NYSE DT opened at $41.63 on Wednesday. The company has a market cap of $12.13 billion, a PE ratio of 77.09, a price-to-earnings-growth ratio of 2.67 and a beta of 0.75. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The company has a 50-day simple moving average of $38.59 and a 200-day simple moving average of $39.47.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, analysts anticipate that Dynatrace, Inc. will post 1.11 EPS for the current year.

Key Dynatrace News

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: UBS started coverage of Dynatrace with a Buy rating and a $60 price target, citing improving demand trends, AI-related growth opportunities, and attractive valuation after speaking with customers and industry contacts. Dynatrace gains ‘Buy’ rating from UBS on expectations of accelerating growth, AI tailwinds
• Positive Sentiment: BMO Capital Markets raised its price target on Dynatrace from $43 to $50 and kept an Outperform rating, reinforcing optimism around the company’s growth outlook. Dynatrace price target raised by BMO Capital Markets
• Positive Sentiment: Additional analyst coverage and commentary pointed to accelerating ARR growth, continued adoption of the company’s platform, and valuation support versus peers, which may be helping sentiment around the stock. Dynatrace: Expecting ARR Growth To Step Up
• Neutral Sentiment: Recent market coverage also highlighted Dynatrace among Tuesday’s key analyst research calls, keeping the stock in focus for traders. Tuesday’s Best Wall Street Analyst Research Calls

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.