Torque Asset Management LLC Takes Position in Dynatrace, Inc. $DT

Torque Asset Management LLC acquired a new position in shares of Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 252,904 shares of the company’s stock, valued at approximately $10,961,000. Dynatrace accounts for 3.8% of Torque Asset Management LLC’s portfolio, making the stock its 10th largest position. Torque Asset Management LLC owned about 0.08% of Dynatrace as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Dynatrace by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock worth $1,557,324,000 after acquiring an additional 739,895 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in Dynatrace by 16.5% during the fourth quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock worth $634,985,000 after purchasing an additional 2,076,990 shares during the last quarter. State Street Corp grew its position in Dynatrace by 1.0% in the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock valued at $462,193,000 after purchasing an additional 101,994 shares in the last quarter. American Century Companies Inc. grew its position in Dynatrace by 0.9% in the third quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after purchasing an additional 73,827 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in Dynatrace by 719.3% in the third quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after purchasing an additional 6,444,262 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Price Performance

Shares of DT opened at $41.17 on Tuesday. The firm has a 50-day moving average of $38.51 and a 200-day moving average of $39.49. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The company has a market cap of $12.00 billion, a PE ratio of 76.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.75.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. Dynatrace’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

DT has been the subject of a number of analyst reports. Barclays decreased their target price on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Citigroup decreased their target price on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. DA Davidson decreased their target price on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Weiss Ratings downgraded shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Finally, Truist Financial set a $45.00 target price on shares of Dynatrace in a research report on Wednesday, April 15th. Twenty-two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.69.

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.