State Board of Administration of Florida Retirement System increased its stake in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 1.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 253,311 shares of the company’s stock after purchasing an additional 3,546 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.08% of Dynatrace worth $13,985,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DT. Korea Investment CORP boosted its position in shares of Dynatrace by 24.1% during the second quarter. Korea Investment CORP now owns 160,665 shares of the company’s stock worth $8,870,000 after buying an additional 31,200 shares during the period. Quadrant Capital Group LLC boosted its holdings in Dynatrace by 10.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 19,263 shares of the company’s stock valued at $1,064,000 after acquiring an additional 1,844 shares during the period. Vinva Investment Management Ltd grew its position in Dynatrace by 1,069.3% in the 2nd quarter. Vinva Investment Management Ltd now owns 165,062 shares of the company’s stock valued at $9,060,000 after acquiring an additional 150,946 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in Dynatrace during the second quarter worth about $136,000. Finally, Inceptionr LLC purchased a new stake in Dynatrace during the second quarter worth about $1,235,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.
Insider Activity at Dynatrace
In related news, CEO Rick M. Mcconnell sold 30,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $46.61, for a total value of $1,398,300.00. Following the transaction, the chief executive officer directly owned 108,125 shares of the company’s stock, valued at $5,039,706.25. This trade represents a 21.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Daniel S. Yates sold 2,000 shares of Dynatrace stock in a transaction on Monday, November 17th. The stock was sold at an average price of $46.69, for a total transaction of $93,380.00. Following the sale, the chief accounting officer owned 23,380 shares in the company, valued at $1,091,612.20. This represents a 7.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,602 shares of company stock worth $2,021,259 in the last ninety days. Company insiders own 0.57% of the company’s stock.
Dynatrace Price Performance
Dynatrace (NYSE:DT – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The business had revenue of $493.85 million during the quarter, compared to analysts’ expectations of $487.33 million. During the same period in the prior year, the firm posted $0.37 EPS. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. As a group, equities analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages recently weighed in on DT. Citigroup dropped their price objective on shares of Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a report on Monday, August 18th. Wall Street Zen downgraded shares of Dynatrace from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Guggenheim upped their price objective on Dynatrace from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Truist Financial decreased their target price on Dynatrace from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Finally, BMO Capital Markets cut their price target on Dynatrace from $63.00 to $62.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $61.59.
Check Out Our Latest Analysis on Dynatrace
Dynatrace Company Profile
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
Further Reading
- Five stocks we like better than Dynatrace
- Dividend Payout Ratio Calculator
- Up Over 20% in 2025, These 3 Stocks Are Boosting Buyback Capacity
- With Risk Tolerance, One Size Does Not Fit All
- Congress Beat the Market Again—Here Are the 3 Stocks They Bought
- How Can Investors Benefit From After-Hours Trading
- Go on a Shopping Spree With 3 Top Retail ETFs
Want to see what other hedge funds are holding DT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dynatrace, Inc. (NYSE:DT – Free Report).
Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.
