Dynatrace, Inc. $DT Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC increased its stake in Dynatrace, Inc. (NYSE:DT) by 3.2% in the first quarter, HoldingsChannel.com reports. The firm owned 5,062,820 shares of the company’s stock after acquiring an additional 155,793 shares during the quarter. Janus Henderson Group PLC’s holdings in Dynatrace were worth $187,225,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DT. Wellington Management Group LLP boosted its holdings in Dynatrace by 719.3% during the third quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock worth $355,629,000 after buying an additional 6,444,262 shares in the last quarter. First Trust Advisors LP increased its holdings in Dynatrace by 706.8% in the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after buying an additional 5,958,505 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Dynatrace in the first quarter valued at about $190,890,000. Amundi lifted its position in shares of Dynatrace by 461.5% during the 1st quarter. Amundi now owns 6,238,938 shares of the company’s stock valued at $230,716,000 after acquiring an additional 5,127,910 shares during the period. Finally, Scge Management L.P. acquired a new stake in shares of Dynatrace during the 2nd quarter valued at approximately $155,858,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on DT. JPMorgan Chase & Co. lowered their price target on Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Citigroup lowered their target price on Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Scotiabank dropped their price target on Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research report on Thursday, May 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $50.00 price target on shares of Dynatrace in a research note on Thursday, July 16th. Finally, BTIG Research lowered their price objective on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and an average price target of $49.42.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $44.11 on Friday. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $54.01. The business has a 50 day moving average price of $42.74 and a 200 day moving average price of $39.30. The company has a market capitalization of $12.80 billion, a P/E ratio of 81.68, a P/E/G ratio of 2.82 and a beta of 0.73.

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 firm had revenue of $531.72 million for 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%.Dynatrace’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, research analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

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.