Dynatrace, Inc. $DT Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP reduced its Dynatrace stake by 12.9% in the second quarter, selling 55,269 shares and retaining 373,226 shares worth approximately $16.4 million. Institutional investors and hedge funds collectively own 94.28% of the company.
• Wall Street sentiment remains positive, with 22 analysts rating Dynatrace a Buy and eight assigning a Hold rating. The stock has a consensus “Moderate Buy” rating and an average price target of $55.04.
• Dynatrace recently beat quarterly expectations, reporting $0.48 in earnings per share versus the $0.45 consensus and revenue of $554.55 million, up 16.3% year over year. Shares opened at $53.26 and were trading near their 12-month high of $54.83.

Corient Private Wealth LP trimmed its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 12.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 373,226 shares of the company's stock after selling 55,269 shares during the period. Corient Private Wealth LP owned approximately 0.13% of Dynatrace worth $16,388,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Forsta AP Fonden lifted its holdings in shares of Dynatrace by 60.4% in the fourth quarter. Forsta AP Fonden now owns 200,400 shares of the company's stock valued at $8,685,000 after buying an additional 75,500 shares during the period. AXQ Capital LP grew its holdings in Dynatrace by 651.7% during the fourth quarter. AXQ Capital LP now owns 34,548 shares of the company's stock worth $1,497,000 after acquiring an additional 29,952 shares during the period. Hsbc Holdings PLC grew its holdings in Dynatrace by 12.0% during the fourth quarter. Hsbc Holdings PLC now owns 243,259 shares of the company's stock worth $10,568,000 after acquiring an additional 26,129 shares during the period. Northwestern Mutual Wealth Management Co. raised its position 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 worth $81,533,000 after acquiring an additional 1,879,728 shares in the last quarter. Finally, Fox Run Management L.L.C. raised its position in Dynatrace by 98.4% in the fourth quarter. Fox Run Management L.L.C. now owns 53,422 shares of the company's stock worth $2,315,000 after acquiring an additional 26,494 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DT shares. Morgan Stanley upgraded shares of Dynatrace from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $58.00 to $65.00 in a research report on Tuesday, August 25th. TD Cowen boosted their target price on shares of Dynatrace from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. Royal Bank Of Canada increased 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. UBS Group restated a "buy" rating and set a $65.00 target price on shares of Dynatrace in a report on Monday, August 24th. Finally, Scotiabank restated an "outperform" rating and issued a $61.00 price target on shares of Dynatrace in a research report on Thursday, August 6th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $55.04.

Dynatrace Stock Up 4.3%

Shares of Dynatrace stock opened at $53.26 on Tuesday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $54.83. The stock has a market cap of $15.39 billion, a PE ratio of 106.53, a price-to-earnings-growth ratio of 3.21 and a beta of 0.74. The business has a fifty day simple moving average of $47.92 and a 200-day simple moving average of $42.10.

Dynatrace (NYSE:DT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The firm had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. During the same period in the previous year, the firm earned $0.42 earnings per share. Dynatrace's quarterly revenue 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 expect 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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