American Capital Management Inc. Purchases Shares of 1,332,429 Dynatrace, Inc. $DT

American Capital Management Inc. acquired a new stake in Dynatrace, Inc. (NYSE:DT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,332,429 shares of the company's stock, valued at approximately $58,507,000. Dynatrace makes up 2.6% of American Capital Management Inc.'s investment portfolio, making the stock its 14th biggest position. American Capital Management Inc. owned approximately 0.46% of Dynatrace at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DT. Forsta AP Fonden increased its position in shares of Dynatrace by 60.4% in the 4th quarter. Forsta AP Fonden now owns 200,400 shares of the company's stock worth $8,685,000 after purchasing an additional 75,500 shares during the last quarter. UNIVEST FINANCIAL Corp acquired a new stake in shares of Dynatrace in the 4th quarter valued at about $1,212,000. AXQ Capital LP lifted its position in shares of Dynatrace by 651.7% during the fourth quarter. AXQ Capital LP now owns 34,548 shares of the company's stock worth $1,497,000 after purchasing an additional 29,952 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Dynatrace by 12.0% during the fourth quarter. Hsbc Holdings PLC now owns 243,259 shares of the company's stock worth $10,568,000 after purchasing an additional 26,129 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Dynatrace by 123,910.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,881,245 shares of the company's stock worth $81,533,000 after purchasing an additional 1,879,728 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DT. JPMorgan Chase & Co. dropped their price target on Dynatrace from $50.00 to $45.00 and set an "overweight" rating on the stock in a research report on Thursday, May 14th. Barclays boosted their target price on shares of Dynatrace from $48.00 to $60.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. DA Davidson increased their target price on shares of Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. BTIG Research lifted their price target on shares of Dynatrace from $47.00 to $62.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Finally, William Blair began coverage on shares of Dynatrace in a research report on Thursday, May 21st. They set an "outperform" rating for the company. Twenty-three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, Dynatrace currently has an average rating of "Moderate Buy" and an average price target of $54.81.

Dynatrace Trading Up 3.2%

DT stock opened at $51.69 on Thursday. The company has a market capitalization of $14.94 billion, a price-to-earnings ratio of 103.38, a price-to-earnings-growth ratio of 3.03 and a beta of 0.72. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $53.28. The firm's 50-day moving average is $45.47 and its two-hundred day moving average is $40.61.

Dynatrace (NYSE:DT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million for the quarter, compared to the consensus estimate of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company's quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous 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, equities research analysts predict that Dynatrace, Inc. will post 1.12 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source