Dynatrace (NYSE:DT) Stock Gets Price Target Trim from Royal Bank Of Canada

Dynatrace (NYSE:DT) had its target price decreased by Royal Bank Of Canada from $73.00 to $68.00 in a research report released on Wednesday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other research firms also recently issued reports on DT. BMO Capital Markets upped their price objective on Dynatrace from $60.00 to $62.00 and gave the stock an “outperform” rating in a report on Tuesday, September 15th. Wedbush lowered their target price on Dynatrace from $54.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday. Oppenheimer boosted their target price on Dynatrace from $60.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Truist Financial upped their price target on Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, October 21st. Finally, KeyCorp raised their price target on Dynatrace from $53.00 to $61.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $62.00.

Dynatrace Stock Performance

Shares of NYSE DT traded down $0.28 during trading on Wednesday, reaching $43.42. The company had a trading volume of 9,776,876 shares, compared to its average volume of 7,832,414. Dynatrace has a 52 week low of $31.64 and a 52 week high of $66.30. The stock has a market cap of $12.55 billion, a PE ratio of 80.40, a PEG ratio of 3.38 and a beta of 0.76. The business’s 50 day moving average price is $57.24 and its 200-day moving average price is $44.70.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.49 by $0.05. The business had revenue of $579.92 million for the quarter, compared to analysts’ expectations of $568.03 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. Dynatrace’s revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share. Equities analysts anticipate that Dynatrace will post 1.11 earnings per share for the current year.

Dynatrace declared that its Board of Directors has authorized a stock buyback plan on Tuesday, November 3rd that allows the company to buy back $1 billion in shares. This repurchase authorization allows the company to repurchase up to 6.3% of its shares through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $57.21, for a total value of $2,860,500.00. Following the transaction, the executive vice president directly owned 904,846 shares of the company’s stock, valued at approximately $51,766,239.66. This trade represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company’s stock.

Institutional Trading of Dynatrace

Several institutional investors and hedge funds have recently made changes to their positions in DT. Aberdeen Group plc acquired a new stake in shares of Dynatrace during the third quarter worth $4,394,000. William Blair Investment Management LLC lifted its stake in Dynatrace by 0.4% in the third quarter. William Blair Investment Management LLC now owns 3,873,980 shares of the company’s stock valued at $223,684,000 after buying an additional 16,239 shares during the period. Allworth Financial LP lifted its stake in Dynatrace by 6.1% in the third quarter. Allworth Financial LP now owns 11,076 shares of the company’s stock valued at $640,000 after buying an additional 634 shares during the period. Eurizon Capital SGR S.p.A. boosted its holdings in Dynatrace by 51.9% during the third quarter. Eurizon Capital SGR S.p.A. now owns 4,874 shares of the company’s stock worth $281,000 after buying an additional 1,665 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Dynatrace by 25.2% during the third quarter. Fifth Third Bancorp now owns 224,816 shares of the company’s stock worth $12,981,000 after buying an additional 45,306 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

More Dynatrace News

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Scotiabank maintained its Buy rating, signaling continued confidence in Dynatrace’s prospects. Scotiabank Sticks to Its Buy Rating for Dynatrace
• Positive Sentiment: Dynatrace’s board declared a share-buyback plan, which could support demand for the stock; the available report does not specify its size. Dynatrace Board Declares Share Buyback Plan
• Neutral Sentiment: Dynatrace is pairing AI security with observability, a strategic move that could open opportunities, though the article headline alone does not establish its likely near-term financial impact. Why Is Dynatrace Pairing AI Security With Observability Now?
• Negative Sentiment: Several analysts lowered price targets, including RBC to $68, Citi to $70, and Wedbush to $50 while retaining a Neutral rating. Although UBS also cut its target—to $75—it kept a Buy rating. Repeated reductions may add pressure despite targets remaining above the recent share price. RBC Cuts Dynatrace Price Target Citi Sets New Price Target Wedbush Trims Price Target
• Negative Sentiment: Commentary points to slower momentum and delayed enterprise deals weighing on the outlook, with Q4 seen as an important test. Shares also crossed below their 200-day moving average, a technical signal that can reinforce bearish sentiment. Dynatrace Q2 Review Delayed Enterprise Deals Weigh on Outlook Stock Crosses Below 200-Day Moving Average

Dynatrace Company Profile

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.