Dynatrace, Inc. $DT Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio trimmed its stake in shares of Dynatrace, Inc. (NYSE:DT) by 54.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,177 shares of the company’s stock after selling 103,199 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Dynatrace were worth $3,187,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cim LLC boosted its holdings 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 buying an additional 228 shares during the period. Orion Porfolio Solutions LLC boosted its stake in Dynatrace by 1.4% in the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after acquiring an additional 231 shares during the period. Assetmark Inc. boosted its stake 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 acquiring an additional 248 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Dynatrace by 21.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after purchasing an additional 272 shares during the last quarter. Finally, Van Berkom & Associates Inc. raised its position in shares of Dynatrace by 1.4% during the 4th quarter. Van Berkom & Associates Inc. now owns 21,837 shares of the company’s stock worth $946,000 after purchasing an additional 302 shares during the period. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Performance

NYSE:DT opened at $44.11 on Friday. The firm’s 50-day moving average is $42.74 and its 200-day moving average is $39.30. The company has a market cap of $12.80 billion, a price-to-earnings ratio of 81.68, a PEG ratio of 2.82 and a beta of 0.73. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $54.01.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same quarter in the prior year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 19.4% on a year-over-year basis. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Rothschild & Co Redburn began coverage on Dynatrace in a research report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price objective for the company. Truist Financial lifted their target price on Dynatrace from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Jefferies Financial Group restated a “hold” rating on shares of Dynatrace in a research report on Tuesday, July 21st. Rosenblatt Securities dropped their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Finally, DA Davidson lifted their target price on Dynatrace from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average target price of $49.42.

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.