KeyCorp Begins Coverage on Dynatrace (NYSE:DT)

KeyCorp started coverage on shares of Dynatrace (NYSE:DT) in a research report released on Tuesday, MarketBeat reports. The firm issued an overweight rating and a $69.00 price target on the stock. KeyCorp also issued estimates for Dynatrace’s Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.20 EPS, FY2026 earnings at $0.81 EPS, Q1 2027 earnings at $0.23 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.25 EPS, Q4 2027 earnings at $0.24 EPS and FY2027 earnings at $0.97 EPS.

Several other research analysts have also recently weighed in on the company. Morgan Stanley set a $55.00 price target on Dynatrace in a research note on Thursday, May 15th. DA Davidson upped their price target on shares of Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, May 15th. Royal Bank of Canada boosted their target price on shares of Dynatrace from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, May 15th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Tuesday, February 18th. Finally, Bank of America lifted their target price on shares of Dynatrace from $62.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, May 15th. Eight research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $61.75.

Dynatrace Price Performance

Shares of NYSE:DT opened at $54.02 on Tuesday. Dynatrace has a 1 year low of $39.30 and a 1 year high of $63.00. The business has a fifty day moving average price of $49.16 and a two-hundred day moving average price of $52.65. The company has a market capitalization of $16.19 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 7.05 and a beta of 0.92.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 14th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The company had revenue of $445.17 million during the quarter, compared to analyst estimates of $435.14 million. Dynatrace had a net margin of 29.51% and a return on equity of 8.98%. The firm’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 earnings per share. Sell-side analysts anticipate that Dynatrace will post 0.68 earnings per share for the current year.

Insider Activity

In other news, EVP Dan Zugelder sold 15,824 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $54.52, for a total value of $862,724.48. Following the sale, the executive vice president now directly owns 17,242 shares in the company, valued at approximately $940,033.84. This represents a 47.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.59% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Dynatrace by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 30,318,707 shares of the company’s stock worth $1,429,527,000 after purchasing an additional 157,523 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Dynatrace by 5.6% in the fourth quarter. Janus Henderson Group PLC now owns 9,361,736 shares of the company’s stock valued at $508,811,000 after purchasing an additional 493,987 shares during the period. Goldman Sachs Group Inc. increased its stake in Dynatrace by 14.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,768,711 shares of the company’s stock worth $413,445,000 after buying an additional 1,124,207 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Dynatrace by 3.1% during the first quarter. American Century Companies Inc. now owns 7,801,331 shares of the company’s stock valued at $367,833,000 after acquiring an additional 230,967 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in Dynatrace by 13.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 7,025,949 shares of the company’s stock valued at $381,860,000 after purchasing an additional 834,225 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.