Sequoia Financial Advisors LLC Has $4.42 Million Stake in Dynatrace, Inc. $DT

Sequoia Financial Advisors LLC increased its position in Dynatrace, Inc. (NYSE:DT) by 25.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,563 shares of the company’s stock after purchasing an additional 20,222 shares during the period. Sequoia Financial Advisors LLC’s holdings in Dynatrace were worth $4,416,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of DT. Pictet Asset Management Holding SA increased its stake in Dynatrace by 7.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock valued at $584,649,000 after purchasing an additional 1,160,690 shares in the last quarter. State Street Corp raised its holdings in Dynatrace by 1.0% during the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after buying an additional 101,994 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after buying an additional 7,045,591 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Dynatrace by 9.0% in the fourth quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock valued at $346,716,000 after buying an additional 659,792 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after buying an additional 5,958,505 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

DT opened at $49.52 on Thursday. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $53.28. The company has a market capitalization of $14.31 billion, a price-to-earnings ratio of 99.04, a P/E/G ratio of 2.97 and a beta of 0.72. The firm’s fifty day moving average price is $43.84 and its two-hundred day moving average price is $39.80.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The company had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. During the same quarter in the prior year, the company posted $0.42 earnings per share. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, equities analysts anticipate that Dynatrace, Inc. will post 1.14 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada boosted their target price on shares of Dynatrace from $50.00 to $59.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Scotiabank reaffirmed an “outperform” rating and issued a $61.00 price target on shares of Dynatrace in a research report on Thursday, August 6th. Truist Financial lifted their price target on Dynatrace from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Cantor Fitzgerald boosted their price objective on Dynatrace from $37.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Citigroup reissued a “buy” rating on shares of Dynatrace in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Dynatrace has a consensus rating of “Moderate Buy” and a consensus price target of $53.77.

Dynatrace 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.