Assenagon Asset Management S.A. Has $122.50 Million Stock Holdings in Dynatrace, Inc. $DT

Key Points

• Assenagon Asset Management increased its Dynatrace stake by 158.7% in the second quarter, purchasing 1.71 million additional shares. It now owns 2.79 million shares valued at approximately $122.5 million, while institutional investors collectively hold 94.28% of the company.
• Dynatrace exceeded quarterly expectations with EPS of $0.48 versus the $0.45 consensus and revenue of $554.6 million, up 16.3% year over year. The company maintained fiscal 2027 EPS guidance of $1.97–$1.99.
• Analyst sentiment remains positive: Dynatrace has a consensus “Moderate Buy” rating and an average price target of $53.77, with several firms recently raising targets. However, its high valuation—near a 98 P/E ratio and above a 3 PEG ratio—could increase sensitivity to slower growth.

Assenagon Asset Management S.A. increased its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 158.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,789,774 shares of the company's stock after purchasing an additional 1,711,214 shares during the period. Assenagon Asset Management S.A. owned approximately 0.96% of Dynatrace worth $122,499,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Forsta AP Fonden lifted its position in Dynatrace by 60.4% during the 4th quarter. Forsta AP Fonden now owns 200,400 shares of the company's stock worth $8,685,000 after buying an additional 75,500 shares in the last quarter. UNIVEST FINANCIAL Corp acquired a new position in Dynatrace during the fourth quarter valued at approximately $1,212,000. LBP AM SA grew its stake in Dynatrace by 9.8% in the fourth quarter. LBP AM SA now owns 776,955 shares of the company's stock valued at $33,673,000 after purchasing an additional 69,318 shares in the last quarter. AXQ Capital LP grew its stake in Dynatrace by 651.7% in the fourth quarter. AXQ Capital LP now owns 34,548 shares of the company's stock valued at $1,497,000 after purchasing an additional 29,952 shares in 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 valued at $81,533,000 after purchasing an additional 1,879,728 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $48.99 on Friday. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $53.28. The firm has a market capitalization of $14.16 billion, a P/E ratio of 97.99, a P/E/G ratio of 3.14 and a beta of 0.72. The company's 50 day moving average price is $43.51 and its two-hundred day moving average price is $39.58.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The company had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. During the same period in the prior year, the business earned $0.42 earnings per share. The company's revenue for the quarter was up 16.3% compared to the same quarter last year. 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, analysts expect that Dynatrace, Inc. will post 1.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DT. BTIG Research increased their price target on shares of Dynatrace from $47.00 to $62.00 and gave the company a "buy" rating in a research note on Wednesday. Weiss Ratings upgraded Dynatrace from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, July 9th. KeyCorp raised their price objective on Dynatrace from $53.00 to $61.00 and gave the company an "overweight" rating in a research report on Thursday. Scotiabank reiterated an "outperform" rating and set a $61.00 target price on shares of Dynatrace in a research note on Thursday. Finally, Citigroup reiterated a "buy" rating on shares of Dynatrace in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $53.77.

Key Stories Impacting Dynatrace

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Earnings beat and strong growth: Dynatrace reported adjusted EPS of $0.48 versus the $0.45 consensus estimate and revenue of approximately $554.6 million, ahead of expectations near $550.0 million. Revenue increased 16.3% year over year. Annual recurring revenue rose 17%, while net new ARR increased 66%, supported by larger new-customer deals and continued subscription growth. Dynatrace Q1 Earnings Beat on ARR Growth and Strong New-Logo Wins
• Positive Sentiment: AI momentum and guidance support investor optimism: Coverage highlighted accelerating demand for Dynatrace’s AI-related capabilities. The company maintained fiscal 2027 guidance of $0.480–$0.490 EPS for the next quarter and $1.970–$1.990 EPS for the full year, reinforcing expectations for continued growth. Dynatrace Surges As AI Momentum Accelerates
• Positive Sentiment: Analysts raised targets: UBS and DA Davidson lifted their price targets from $60 to $65 and assigned “buy” ratings. RBC raised its target from $50 to $59 and rated the shares “outperform.” Rosenblatt also initiated or reaffirmed a buy rating, while BTIG Research forecast additional appreciation. Analyst Price Target Updates
• Neutral Sentiment: Leadership transition: Dynatrace announced a transition involving its chief financial officer. The change did not appear to overshadow the earnings beat, but investors may monitor execution and financial leadership continuity. Dynatrace Earnings Beat, Guidance and CFO Transition
• Negative Sentiment: Valuation remains a consideration: After the rally, Dynatrace trades at a relatively high valuation, with a price-to-earnings ratio near 98 and a PEG ratio above 3, leaving the stock sensitive to any slowdown in growth or weaker-than-expected guidance.

About Dynatrace

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.

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