Dynatrace, Inc. $DT Stock Holdings Lowered by Keenan Capital LLC

Key Points

• Keenan Capital reduced its Dynatrace holdings by 31.6% in the second quarter, selling 521,254 shares and retaining 1.13 million shares worth approximately $49.5 million. Institutional investors collectively own 94.28% of Dynatrace.
• Dynatrace reported quarterly EPS of $0.48, beating estimates of $0.45, while revenue rose 16.3% year over year to $554.55 million. The company issued Q2 and full-year 2027 EPS guidance.
• Analyst sentiment remains positive, with 23 Buy ratings and seven Holds; the average price target is $54.81. Shares recently traded at $50.39, down 2.9%.

Keenan Capital LLC lowered its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 31.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,126,280 shares of the company's stock after selling 521,254 shares during the quarter. Dynatrace accounts for 9.8% of Keenan Capital LLC's holdings, making the stock its 4th biggest position. Keenan Capital LLC owned approximately 0.39% of Dynatrace worth $49,455,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. RHL Group LLC purchased a new stake in Dynatrace in the fourth quarter valued at $30,000. CX Institutional raised its stake in shares of Dynatrace by 1,119.0% during the 2nd quarter. CX Institutional now owns 707 shares of the company's stock valued at $31,000 after buying an additional 649 shares during the last quarter. Brown Lisle Cummings Inc. lifted its holdings 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 buying an additional 547 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company's stock valued at $35,000 after buying an additional 508 shares during the period. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Dynatrace by 577.2% in the first 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 during the last quarter. Hedge funds and other institutional investors own 94.28% of the company's stock.

Dynatrace Trading Down 2.9%

DT stock opened at $50.39 on Wednesday. The company has a market cap of $14.56 billion, a price-to-earnings ratio of 100.77, a PEG ratio of 3.17 and a beta of 0.74. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $54.83. The firm has a 50-day moving average of $47.40 and a two-hundred day moving average of $41.63.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The firm had revenue of $554.55 million for the quarter, compared to the consensus estimate of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The firm's revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, equities analysts forecast that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

DT has been the subject of several recent research reports. Wedbush set a $48.00 price target on Dynatrace in a research report on Friday, May 15th. The Goldman Sachs Group upped their price objective on Dynatrace from $45.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, June 18th. BTIG Research raised their price objective on shares of Dynatrace from $47.00 to $62.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Oppenheimer lifted their target price on shares of Dynatrace from $45.00 to $55.00 and gave the company an "outperform" rating in a report on Monday, July 20th. Finally, Royal Bank Of Canada boosted 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. Twenty-three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Dynatrace currently has an average rating of "Moderate Buy" and an average price target of $54.81.

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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