Globeflex Capital L P Acquires 104,163 Shares of Dynatrace, Inc. $DT

Globeflex Capital L P boosted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 391.1% in the first quarter, Holdings Channel.com reports. The fund owned 130,797 shares of the company’s stock after buying an additional 104,163 shares during the quarter. Globeflex Capital L P’s holdings in Dynatrace were worth $4,837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DT. NewEdge Wealth LLC boosted its position in shares of Dynatrace by 56.4% in the 1st quarter. NewEdge Wealth LLC now owns 55,203 shares of the company’s stock worth $2,041,000 after purchasing an additional 19,899 shares during the last quarter. First Trust Advisors LP grew its stake 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 worth $251,520,000 after purchasing an additional 5,958,505 shares during the period. Westpac Banking Corp increased its holdings in Dynatrace by 20.3% in the first quarter. Westpac Banking Corp now owns 6,796 shares of the company’s stock valued at $251,000 after purchasing an additional 1,148 shares during the last quarter. Johnson Financial Group Inc. increased its holdings in Dynatrace by 9.0% in the first quarter. Johnson Financial Group Inc. now owns 10,662 shares of the company’s stock valued at $394,000 after purchasing an additional 881 shares during the last quarter. Finally, Van Berkom & Associates Inc. boosted its holdings in Dynatrace by 60.6% during the first quarter. Van Berkom & Associates Inc. now owns 35,062 shares of the company’s stock worth $1,297,000 after buying an additional 13,225 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Oppenheimer boosted their target price on Dynatrace from $45.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday. The Goldman Sachs Group lifted their price objective on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. TD Cowen boosted their price objective on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Wednesday. Barclays upped their target price on shares of Dynatrace from $44.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $49.42.

Dynatrace Price Performance

NYSE DT opened at $41.35 on Thursday. The stock’s 50-day moving average is $42.27 and its 200-day moving average is $39.29. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $55.49. The firm has a market cap of $12.00 billion, a P/E ratio of 76.58, a P/E/G ratio of 2.76 and a beta of 0.73.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for 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 business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period last year, the company posted $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities analysts anticipate that Dynatrace, Inc. will post 1.11 EPS for the current year.

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.