Police & Firemen s Retirement System of New Jersey grew its position in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 3.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 111,663 shares of the company’s stock after buying an additional 4,019 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Dynatrace were worth $6,165,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Belpointe Asset Management LLC purchased a new stake in shares of Dynatrace during the 1st quarter valued at approximately $327,000. Charles Schwab Investment Management Inc. raised its holdings in Dynatrace by 8.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,218,892 shares of the company’s stock valued at $104,621,000 after acquiring an additional 166,648 shares during the period. Hsbc Holdings PLC lifted its position in shares of Dynatrace by 2.4% during the first quarter. Hsbc Holdings PLC now owns 329,615 shares of the company’s stock worth $15,516,000 after acquiring an additional 7,584 shares in the last quarter. Walter Public Investments Inc. boosted its holdings in shares of Dynatrace by 12.4% in the second quarter. Walter Public Investments Inc. now owns 323,956 shares of the company’s stock worth $17,886,000 after acquiring an additional 35,625 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of Dynatrace by 29.3% in the first quarter. HighTower Advisors LLC now owns 33,558 shares of the company’s stock worth $1,582,000 after acquiring an additional 7,606 shares during the period. 94.28% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of analysts recently issued reports on DT shares. Rosenblatt Securities reiterated a “buy” rating and set a $67.00 price objective on shares of Dynatrace in a research note on Thursday, November 6th. Wells Fargo & Company assumed coverage on Dynatrace in a research report on Tuesday, September 30th. They set an “overweight” rating and a $65.00 price target on the stock. Citigroup cut their price objective on shares of Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Monday, August 18th. Royal Bank Of Canada boosted their price objective on shares of Dynatrace from $60.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dynatrace in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $62.27.
Insider Activity at Dynatrace
In other Dynatrace news, CEO Rick M. Mcconnell sold 30,000 shares of Dynatrace stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the completion of the sale, the chief executive officer owned 108,125 shares of the company’s stock, valued at $5,039,706.25. The trade was a 21.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lisa M. Campbell sold 1,013 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $49.77, for a total value of $50,417.01. Following the transaction, the director owned 1,012 shares in the company, valued at $50,367.24. This trade represents a 50.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,602 shares of company stock valued at $1,927,879 over the last ninety days. 0.57% of the stock is currently owned by insiders.
Dynatrace Trading Up 0.0%
Shares of NYSE DT opened at $46.78 on Friday. The business has a 50-day moving average of $48.63 and a 200-day moving average of $50.87. The firm has a market capitalization of $14.10 billion, a price-to-earnings ratio of 28.01, a PEG ratio of 3.72 and a beta of 0.85. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00.
Dynatrace (NYSE:DT – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $493.85 million for the quarter, compared to the consensus estimate of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. Dynatrace’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period last year, the firm posted $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. On average, analysts predict that Dynatrace, Inc. will post 0.68 earnings per share for the current year.
Dynatrace 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.
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