B.A. Schrock Wealth Management Inc. Makes New Investment in Dynatrace, Inc. $DT

Key Points

• B.A. Schrock Wealth Management initiated a Dynatrace position of 28,595 shares valued at approximately $1.7 million. Institutional investors and hedge funds collectively own 94.28% of the company.
• Dynatrace reported quarterly revenue of $554.55 million, up 16.3% year over year, and earnings of $0.48 per share, exceeding analyst expectations of $0.45.
• Analyst sentiment remains favorable, with 24 Buy ratings and seven Holds; the stock has a “Moderate Buy” consensus rating and an average price target of $59.14.

B.A. Schrock Wealth Management Inc. bought a new stake in Dynatrace, Inc. (NYSE:DT - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,595 shares of the company's stock, valued at approximately $1,695,000.

Several other hedge funds have also recently made changes to their positions in the company. Pictet Asset Management Holding SA lifted its position in Dynatrace by 7.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company's stock worth $584,649,000 after acquiring an additional 1,160,690 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Dynatrace by 23.5% during the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company's stock worth $506,229,000 after purchasing an additional 2,191,497 shares during the period. Bank of America Corp DE increased its holdings in Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company's stock worth $346,044,000 after buying an additional 7,045,591 shares during the period. First Trust Advisors LP increased its holdings in Dynatrace by 706.8% in the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company's stock worth $251,520,000 after buying an additional 5,958,505 shares during the period. Finally, Amundi increased its holdings in Dynatrace by 461.5% in the 1st quarter. Amundi now owns 6,238,938 shares of the company's stock worth $230,716,000 after buying an additional 5,127,910 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Price Performance

Shares of NYSE DT opened at $63.61 on Thursday. The firm's 50 day simple moving average is $54.46 and its 200-day simple moving average is $45.40. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $66.30. The stock has a market capitalization of $18.38 billion, a price-to-earnings ratio of 127.22, a PEG ratio of 3.96 and a beta of 0.77.

Dynatrace (NYSE:DT - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $550.01 million. During the same quarter in the previous year, the company earned $0.42 earnings per share. The firm's revenue for the quarter was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Analysts anticipate that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the stock in a transaction on Friday, September 18th. The shares were sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the transaction, the executive vice president directly owned 904,846 shares of the company's stock, valued at $51,766,239.66. This trade represents a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.69% of the company's stock.

Analyst Upgrades and Downgrades

DT has been the subject of a number of recent research reports. Morgan Stanley raised shares of Dynatrace from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $58.00 to $65.00 in a research report on Tuesday, August 25th. BNP Paribas Exane raised shares of Dynatrace from a "neutral" rating to an "outperform" rating and set a $75.00 price objective on the stock in a report on Thursday, October 8th. Cantor Fitzgerald increased their price objective on shares of Dynatrace from $37.00 to $47.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Oppenheimer raised their target price on shares of Dynatrace from $60.00 to $71.00 and gave the stock an "outperform" rating in a report on Thursday, September 24th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $75.00 target price on shares of Dynatrace in a report on Sunday. Twenty-four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $59.14.

Dynatrace Company Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company's products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.

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