Handelsbanken Fonder AB Decreases Stock Holdings in Dynatrace, Inc. $DT

Key Points

• Handelsbanken Fonder AB cut its Dynatrace stake by 57.5% in the second quarter, selling 754,684 shares and retaining 556,716 shares valued at approximately $24.4 million. Institutional investors collectively own 94.28% of the company.
• Dynatrace exceeded quarterly expectations, reporting $0.48 EPS versus the $0.45 consensus and revenue of $554.55 million, up 16.3% year over year. The company issued quarterly EPS guidance of $0.48–$0.49 and full-year guidance of $1.97–$1.99.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and a $53.77 target price; Barclays and UBS recently raised their targets to $60 and $65, respectively.

Handelsbanken Fonder AB lowered its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 57.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 556,716 shares of the company's stock after selling 754,684 shares during the period. Handelsbanken Fonder AB owned approximately 0.19% of Dynatrace worth $24,445,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Cim LLC boosted its stake in Dynatrace by 1.0% in the third quarter. Cim LLC now owns 22,184 shares of the company's stock valued at $1,075,000 after acquiring an additional 228 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of Dynatrace by 1.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company's stock worth $823,000 after purchasing an additional 231 shares in the last quarter. Assetmark Inc. grew its stake in Dynatrace by 0.7% during the 4th quarter. Assetmark Inc. now owns 36,629 shares of the company's stock worth $1,588,000 after buying an additional 248 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company's stock valued at $85,000 after buying an additional 272 shares in the last quarter. Finally, Van Berkom & Associates Inc. increased its position in Dynatrace by 1.4% during the 4th quarter. Van Berkom & Associates Inc. now owns 21,837 shares of the company's stock valued at $946,000 after buying an additional 302 shares in the last quarter. Institutional investors own 94.28% of the company's stock.

Dynatrace Price Performance

DT stock opened at $49.52 on Thursday. The firm's fifty day simple moving average is $43.84 and its 200-day simple moving average is $39.80. The company has a market capitalization of $14.31 billion, a P/E ratio of 99.04, a price-to-earnings-growth ratio of 2.97 and a beta of 0.72. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $53.28.

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 the consensus estimate of $0.45 by $0.03. The firm had revenue of $554.55 million during the quarter, compared to analysts' expectations 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 last year, the company 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, sell-side analysts forecast that Dynatrace, Inc. will post 1.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on DT shares. Barclays boosted their price target on Dynatrace from $48.00 to $60.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Rothschild & Co Redburn started coverage on shares of Dynatrace in a research note on Thursday, April 23rd. They set a "neutral" rating and a $40.00 price target on the stock. Cantor Fitzgerald lifted their price objective on shares of Dynatrace from $37.00 to $47.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Jefferies Financial Group reissued a "buy" rating on shares of Dynatrace in a research report on Wednesday, August 5th. Finally, UBS Group lifted their price target on Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Dynatrace currently has a consensus rating of "Moderate Buy" and a consensus target price of $53.77.

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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