Dynatrace, Inc. $DT Shares Bought by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP increased its Dynatrace stake by 709.8% in the second quarter, purchasing 320,219 additional shares and ending with 365,333 shares valued at approximately $16 million.
• Analysts remain broadly positive on Dynatrace, with 23 Buy ratings and seven Holds; the consensus target price is $54.81, while several firms raised targets to $60–$65.
• Dynatrace reported quarterly adjusted EPS of $0.48, beating estimates by $0.03, while revenue rose 16.3% year over year to $554.55 million. The stock recently opened at $50.53, near its 52-week high of $54.83.

Engineers Gate Manager LP boosted its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 709.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 365,333 shares of the company's stock after purchasing an additional 320,219 shares during the quarter. Engineers Gate Manager LP owned approximately 0.13% of Dynatrace worth $16,042,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DT. Cim LLC raised its stake in shares of Dynatrace by 1.0% during the 3rd quarter. Cim LLC now owns 22,184 shares of the company's stock worth $1,075,000 after buying an additional 228 shares during the period. Orion Porfolio Solutions LLC grew its stake in Dynatrace by 1.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company's stock valued at $823,000 after acquiring an additional 231 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company's stock worth $85,000 after acquiring an additional 272 shares in the last quarter. Principal Securities Inc. increased its holdings in Dynatrace by 1.3% in the 4th quarter. Principal Securities Inc. now owns 24,879 shares of the company's stock worth $1,078,000 after acquiring an additional 316 shares in the last quarter. Finally, MJP Associates Inc. ADV raised its position in Dynatrace by 5.8% during the fourth quarter. MJP Associates Inc. ADV now owns 6,242 shares of the company's stock worth $271,000 after acquiring an additional 340 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on DT shares. William Blair started coverage on shares of Dynatrace in a report on Thursday, May 21st. They set an "outperform" rating on the stock. Jefferies Financial Group restated a "buy" rating on shares of Dynatrace in a research report on Wednesday, August 5th. Citigroup raised their price target on shares of Dynatrace from $62.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, August 18th. Truist Financial lifted their price objective on Dynatrace from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, August 14th. Finally, DA Davidson lifted their price objective on Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Twenty-three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Dynatrace currently has an average rating of "Moderate Buy" and a consensus target price of $54.81.

Dynatrace Price Performance

Dynatrace stock opened at $50.53 on Thursday. The firm has a 50 day simple moving average of $47.51 and a 200-day simple moving average of $41.73. The stock has a market cap of $14.60 billion, a price-to-earnings ratio of 101.06, a price-to-earnings-growth ratio of 3.07 and a beta of 0.74. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $54.83.

Dynatrace (NYSE:DT - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm had revenue of $554.55 million for 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 business's revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Equities analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Dynatrace 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.

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