Erste Asset Management GmbH Increases Stake in Dynatrace, Inc. $DT

Erste Asset Management GmbH lifted its stake in shares of Dynatrace, Inc. (NYSE:DT) by 176.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,170 shares of the company’s stock after acquiring an additional 97,170 shares during the period. Erste Asset Management GmbH’s holdings in Dynatrace were worth $6,678,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Syon Capital LLC lifted its holdings in shares of Dynatrace by 14.3% during the 4th quarter. Syon Capital LLC now owns 16,465 shares of the company’s stock worth $714,000 after acquiring an additional 2,062 shares during the period. ING Groep NV purchased a new position in shares of Dynatrace during the 4th quarter worth about $3,433,000. Havemeyer Place LP purchased a new position in shares of Dynatrace during the 4th quarter worth about $171,000. Vestcor Inc lifted its holdings in shares of Dynatrace by 39.0% during the 4th quarter. Vestcor Inc now owns 106,846 shares of the company’s stock worth $4,631,000 after acquiring an additional 30,000 shares during the period. Finally, Pinebridge Investments LLC purchased a new position in shares of Dynatrace during the 4th quarter worth about $6,756,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Dynatrace Stock Performance

NYSE DT opened at $41.91 on Tuesday. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The company’s 50 day moving average price is $38.12 and its 200 day moving average price is $39.61. The firm has a market capitalization of $12.22 billion, a price-to-earnings ratio of 77.61, a PEG ratio of 2.74 and a beta of 0.75.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. During the same quarter last year, the company earned $0.33 earnings per share. Dynatrace’s revenue for the quarter was up 19.4% on a year-over-year basis. 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 forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Dynatrace announced that its Board of Directors has initiated a stock buyback plan on Monday, February 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to reacquire up to 9.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on DT shares. DA Davidson cut their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Scotiabank cut their price target on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a report on Thursday, May 14th. Jefferies Financial Group cut their price target on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Rothschild & Co Redburn started coverage on shares of Dynatrace in a report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price target on the stock. Finally, Truist Financial set a $45.00 price target on shares of Dynatrace in a report on Wednesday, April 15th. Twenty-one investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.50.

Dynatrace Company 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.