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

Sequoia Financial Advisors LLC boosted its stake in shares of Dynatrace, Inc. (NYSE:DT) by 25.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,563 shares of the company’s stock after buying an additional 20,222 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Dynatrace were worth $4,416,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Cim LLC raised its position in shares of Dynatrace by 1.0% during the third quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after acquiring an additional 228 shares during the last quarter. Orion Porfolio Solutions LLC lifted its stake in shares of Dynatrace by 1.4% in the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock worth $823,000 after acquiring an additional 231 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares during the last quarter. Principal Securities Inc. boosted its holdings in Dynatrace by 1.3% in the fourth quarter. Principal Securities Inc. now owns 24,879 shares of the company’s stock valued at $1,078,000 after acquiring an additional 316 shares during the last quarter. Finally, MJP Associates Inc. ADV boosted its holdings in Dynatrace by 5.8% in the fourth quarter. MJP Associates Inc. ADV now owns 6,242 shares of the company’s stock valued at $271,000 after acquiring an additional 340 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Performance

Shares of DT stock opened at $51.09 on Friday. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $54.83. The stock has a 50 day simple moving average of $47.77 and a two-hundred day simple moving average of $41.91. The company has a market cap of $14.77 billion, a P/E ratio of 102.19, a PEG ratio of 3.12 and a beta of 0.74.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The firm had revenue of $554.55 million for the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, research analysts predict that Dynatrace, Inc. will post 1.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

DT has been the subject of several analyst reports. Weiss Ratings upgraded shares of Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 9th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. William Blair assumed coverage on shares of Dynatrace in a research report on Thursday, May 21st. They set an “outperform” rating for the company. Cantor Fitzgerald lifted their target price on shares of Dynatrace from $37.00 to $47.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Finally, BMO Capital Markets restated an “outperform” rating on shares of Dynatrace in a report on Thursday, August 6th. Twenty-two research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $55.04.

Dynatrace Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company’s offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.