Bamco Inc. NY Makes New $68.93 Million Investment in Dynatrace, Inc. $DT

Key Points

• Bamco Inc. NY acquired 1.57 million Dynatrace shares valued at approximately $68.93 million, giving it a 0.54% stake. Institutional investors collectively own 94.28% of the company.
• Dynatrace reported quarterly EPS of $0.48 and revenue of $554.55 million, exceeding analyst expectations, while revenue grew 16.3% year over year.
• The stock recently traded at $51.69, up 3.2%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $54.81.

Bamco Inc. NY purchased a new stake in Dynatrace, Inc. (NYSE:DT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,569,714 shares of the company's stock, valued at approximately $68,926,000. Bamco Inc. NY owned 0.54% of Dynatrace as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Pictet Asset Management Holding SA lifted its position in shares of 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 purchasing an additional 1,160,690 shares during the last quarter. State Street Corp boosted its stake in Dynatrace by 1.0% during the 4th quarter. State Street Corp now owns 10,664,357 shares of the company's stock valued at $462,193,000 after purchasing an additional 101,994 shares during the period. Bank of America Corp DE grew 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 valued at $346,044,000 after buying an additional 7,045,591 shares during the last quarter. Wellington Management Group LLP grew its holdings in Dynatrace by 9.0% in the 4th quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company's stock valued at $346,716,000 after buying an additional 659,792 shares during the last quarter. Finally, First Trust Advisors LP increased its position 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. 94.28% of the stock is owned by institutional investors.

Dynatrace Trading Up 3.2%

NYSE DT opened at $51.69 on Thursday. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $53.28. The company has a market capitalization of $14.94 billion, a price-to-earnings ratio of 103.38, a PEG ratio of 3.03 and a beta of 0.72. The stock'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 issued its earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The business had revenue of $554.55 million during the quarter, compared to analysts' expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.Dynatrace's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, analysts predict that Dynatrace, Inc. will post 1.12 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on DT shares. Scotiabank reiterated an "outperform" rating and set a $61.00 price target on shares of Dynatrace in a report on Thursday, August 6th. Rosenblatt Securities restated a "buy" rating and issued a $52.00 price objective on shares of Dynatrace in a research note on Tuesday, August 4th. William Blair initiated coverage on shares of Dynatrace in a research report on Thursday, May 21st. They set an "outperform" rating on the stock. Zacks Research cut shares of Dynatrace from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Dynatrace from $50.00 to $45.00 and set an "overweight" rating for the company in a report on Thursday, May 14th. Twenty-three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Dynatrace presently has a consensus rating of "Moderate Buy" and an average price target of $54.81.

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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