Globeflex Capital L P Acquires New Shares in Dynatrace, Inc. $DT

Globeflex Capital L P bought a new stake in shares of Dynatrace, Inc. (NYSE:DT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 130,206 shares of the company’s stock, valued at approximately $5,717,000.

Several other institutional investors have also recently made changes to their positions in DT. Brown Lisle Cummings Inc. grew its position in shares of Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after purchasing an additional 547 shares in the last quarter. RHL Group LLC purchased a new stake in Dynatrace during the 4th quarter worth about $30,000. CX Institutional boosted its stake in Dynatrace by 1,119.0% in the 2nd quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares during the period. Larson Financial Group LLC boosted its stake in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares during the period. Finally, SJS Investment Consulting Inc. grew its holdings in Dynatrace by 577.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock valued at $55,000 after buying an additional 1,264 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Trading Down 0.2%

Shares of DT opened at $49.18 on Monday. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $53.28. The company has a market cap of $14.21 billion, a PE ratio of 98.36, a price-to-earnings-growth ratio of 2.98 and a beta of 0.72. The stock has a 50-day moving average price of $44.93 and a 200-day moving average price of $40.27.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million for the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. Dynatrace’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 earnings per share. 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, analysts predict that Dynatrace, Inc. will post 1.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DT. TD Cowen increased their price target on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Wedbush set a $48.00 price objective on shares of Dynatrace in a research note on Friday, May 15th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dynatrace in a report on Thursday, August 6th. Scotiabank reiterated an “outperform” rating and issued a $61.00 target price on shares of Dynatrace in a research note on Thursday, August 6th. Finally, Truist Financial raised their price target on shares of Dynatrace from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, August 14th. Twenty-two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $54.54.

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.