Bank of Montreal Can Grows Stock Holdings in Dynatrace, Inc. $DT

Bank of Montreal Can lifted its holdings in Dynatrace, Inc. (NYSE:DT) by 30.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 78,862 shares of the company’s stock after buying an additional 18,411 shares during the quarter. Bank of Montreal Can’s holdings in Dynatrace were worth $4,354,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. State of Michigan Retirement System boosted its position in Dynatrace by 0.7% during the 2nd quarter. State of Michigan Retirement System now owns 72,100 shares of the company’s stock worth $3,981,000 after purchasing an additional 500 shares during the period. Tredje AP fonden raised its position in Dynatrace by 11.6% in the second quarter. Tredje AP fonden now owns 25,556 shares of the company’s stock valued at $1,411,000 after purchasing an additional 2,656 shares during the period. Versor Investments LP lifted its stake in shares of Dynatrace by 73.0% during the second quarter. Versor Investments LP now owns 24,471 shares of the company’s stock worth $1,351,000 after purchasing an additional 10,322 shares in the last quarter. Plato Investment Management Ltd boosted its position in shares of Dynatrace by 290.9% in the second quarter. Plato Investment Management Ltd now owns 20,963 shares of the company’s stock worth $1,153,000 after buying an additional 15,600 shares during the period. Finally, Simon Quick Advisors LLC boosted its position in shares of Dynatrace by 99.0% in the second quarter. Simon Quick Advisors LLC now owns 9,940 shares of the company’s stock worth $549,000 after buying an additional 4,945 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Performance

DT stock opened at $46.72 on Wednesday. The firm has a 50 day simple moving average of $48.84 and a 200-day simple moving average of $50.92. The company has a market capitalization of $14.09 billion, a P/E ratio of 27.98, a PEG ratio of 3.73 and a beta of 0.85. Dynatrace, Inc. has a twelve month low of $39.30 and a twelve month high of $63.00.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $493.85 million for the quarter, compared to analysts’ expectations of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The firm’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. On average, research analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Citigroup dropped their target price on Dynatrace from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Monday, August 18th. Wells Fargo & Company initiated coverage on shares of Dynatrace in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 price objective for the company. Wall Street Zen cut shares of Dynatrace from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Rosenblatt Securities restated a “buy” rating and issued a $67.00 target price on shares of Dynatrace in a research note on Thursday, November 6th. Finally, Scotiabank lowered their price target on shares of Dynatrace from $67.00 to $60.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $62.27.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 7,503 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $50.00, for a total transaction of $375,150.00. Following the sale, the executive vice president owned 1,420 shares in the company, valued at $71,000. This represents a 84.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Daniel S. Yates sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $49.89, for a total value of $99,780.00. Following the transaction, the chief accounting officer directly owned 22,555 shares in the company, valued at approximately $1,125,268.95. This represents a 8.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 10,602 shares of company stock valued at $529,579. Insiders own 0.57% of the company’s stock.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.