California State Teachers Retirement System Has $13.95 Million Stock Position in Dynatrace, Inc. $DT

Key Points

• California State Teachers Retirement System reduced its Dynatrace stake by 10.6% in the second quarter, selling 37,527 shares and retaining 317,736 shares valued at approximately $13.95 million. Institutional investors collectively own 94.28% of the company.
• Analysts remain broadly positive on Dynatrace, with 22 Buy ratings and eight Holds, resulting in a consensus “Moderate Buy” rating and an average price target of $55.50.
• Dynatrace reported quarterly EPS of $0.48, exceeding estimates of $0.45, while revenue rose 16.3% year over year to $554.55 million. Shares recently traded at $55.33, near the company’s 52-week high of $55.45.

California State Teachers Retirement System lessened its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 10.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 317,736 shares of the company's stock after selling 37,527 shares during the period. California State Teachers Retirement System owned approximately 0.11% of Dynatrace worth $13,951,788 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Brown Lisle Cummings Inc. increased its stake in shares of Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company's stock valued at $29,000 after acquiring an additional 547 shares in the last quarter. RHL Group LLC bought a new position in shares of Dynatrace during the fourth quarter valued at $30,000. CX Institutional boosted its position in shares of Dynatrace by 1,119.0% in the second quarter. CX Institutional now owns 707 shares of the company's stock worth $31,000 after purchasing an additional 649 shares during the period. Larson Financial Group LLC grew its position in Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company's stock worth $35,000 after acquiring an additional 508 shares in the last quarter. Finally, SJS Investment Consulting Inc. grew its position in shares of Dynatrace by 577.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company's stock worth $55,000 after buying an additional 1,264 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on DT shares. Jefferies Financial Group reissued a "buy" rating on shares of Dynatrace in a research note on Wednesday, August 5th. Truist Financial raised their price target on Dynatrace from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, August 14th. Royal Bank Of Canada lifted their target price on shares of Dynatrace from $50.00 to $59.00 and gave the company an "outperform" rating in a research note on Thursday, August 6th. Rosenblatt Securities reiterated a "buy" rating and issued a $52.00 price target on shares of Dynatrace in a report on Tuesday, August 4th. Finally, TD Cowen boosted their price objective on shares of Dynatrace from $45.00 to $50.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Dynatrace presently has a consensus rating of "Moderate Buy" and a consensus target price of $55.50.

Dynatrace Price Performance

Shares of NYSE DT traded up $1.99 during mid-day trading on Tuesday, reaching $55.33. The company's stock had a trading volume of 4,240,849 shares, compared to its average volume of 6,374,607. The stock has a fifty day moving average of $47.92 and a two-hundred day moving average of $42.10. The firm has a market capitalization of $15.99 billion, a PE ratio of 110.85, a P/E/G ratio of 3.21 and a beta of 0.74. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $55.45.

Dynatrace (NYSE:DT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm's revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Analysts anticipate that Dynatrace, Inc. will post 1.08 EPS for the current fiscal year.

About Dynatrace

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company's offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.

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