Louisiana State Employees Retirement System Purchases New Position in Dynatrace, Inc. $DT

Louisiana State Employees Retirement System purchased a new stake in Dynatrace, Inc. (NYSE:DT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 86,500 shares of the company’s stock, valued at approximately $3,199,000.

Several other hedge funds have also bought and sold shares of DT. Cim LLC lifted its stake in shares of Dynatrace by 1.0% in the 3rd quarter. Cim LLC now owns 22,184 shares of the company’s stock valued at $1,075,000 after purchasing an additional 228 shares during the period. Orion Porfolio Solutions LLC grew its position in Dynatrace by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after buying an additional 231 shares during the period. GAMMA Investing LLC grew its position in Dynatrace by 7.7% during the fourth quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock valued at $150,000 after buying an additional 246 shares during the period. Assetmark Inc. increased its holdings in Dynatrace by 0.7% in the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock valued at $1,588,000 after buying an additional 248 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Dynatrace by 21.3% in the second 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. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analysts Set New Price Targets

DT has been the topic of a number of analyst reports. Citigroup dropped their target price on Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada reduced their price target on Dynatrace from $50.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Wedbush set a $48.00 price objective on Dynatrace in a report on Friday, May 15th. Rothschild & Co Redburn started coverage on Dynatrace in a research report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price objective for the company. Finally, DA Davidson reduced their target price on Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Twenty-two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $47.88.

Dynatrace Trading Up 7.4%

DT stock opened at $43.27 on Friday. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $57.55. The business’s 50-day moving average is $39.57 and its 200 day moving average is $39.31. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 80.14, a PEG ratio of 2.78 and a beta of 0.75.

Dynatrace (NYSE:DT) last announced 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. The business had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, equities analysts forecast that Dynatrace, Inc. will post 1.12 EPS for the current fiscal year.

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.