Lazard Asset Management LLC lifted its holdings in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 98.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 242,418 shares of the company’s stock after acquiring an additional 120,426 shares during the period. Lazard Asset Management LLC’s holdings in Dynatrace were worth $8,965,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DT. V Square Quantitative Management LLC purchased a new stake in Dynatrace in the 4th quarter valued at approximately $26,000. Brown Lisle Cummings Inc. raised its position in Dynatrace by 218.8% during the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares during the last quarter. RHL Group LLC acquired a new stake in shares of Dynatrace in the fourth quarter valued at approximately $30,000. Larson Financial Group LLC grew its holdings in Dynatrace by 168.8% during 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 last quarter. Finally, SJS Investment Consulting Inc. increased its position in Dynatrace by 577.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock worth $55,000 after purchasing an additional 1,264 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Oppenheimer boosted their price target on Dynatrace from $45.00 to $55.00 and gave the company an “outperform” rating in a report on Monday, July 20th. BMO Capital Markets raised their price objective on Dynatrace from $43.00 to $50.00 and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. Royal Bank Of Canada restated an “outperform” rating and set a $50.00 price objective on shares of Dynatrace in a report on Thursday, July 16th. Finally, Wedbush set a $48.00 price target on shares of Dynatrace in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $49.42.
Dynatrace Stock Performance
Shares of NYSE:DT opened at $43.78 on Thursday. The stock has a market capitalization of $12.71 billion, a price-to-earnings ratio of 81.08, a price-to-earnings-growth ratio of 2.82 and a beta of 0.73. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $54.67. The company’s fifty day moving average is $42.64 and its two-hundred day moving average is $39.28.
Dynatrace (NYSE:DT – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. During the same period in the previous year, the firm posted $0.33 earnings per share. Dynatrace’s quarterly revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Sell-side analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.
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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