Glenmede Trust Co. NA Has $21.31 Million Holdings in Dynatrace, Inc. $DT

Glenmede Trust Co. NA lessened its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 12.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 576,171 shares of the company’s stock after selling 79,278 shares during the quarter. Glenmede Trust Co. NA’s holdings in Dynatrace were worth $21,307,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Pictet Asset Management Holding SA lifted its position in shares of Dynatrace by 7.9% in the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after purchasing an additional 1,160,690 shares in the last quarter. State Street Corp grew its position in Dynatrace by 1.0% during the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock valued at $462,193,000 after purchasing an additional 101,994 shares in the last quarter. Bank of America Corp DE grew its position in Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after purchasing an additional 7,045,591 shares in the last quarter. Wellington Management Group LLP increased its stake in Dynatrace by 9.0% in the 4th quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock valued at $346,716,000 after buying an additional 659,792 shares during the period. Finally, First Trust Advisors LP increased its stake in Dynatrace by 706.8% in the 1st 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 during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Trading Up 0.5%

NYSE DT opened at $44.30 on Friday. The company has a fifty day simple moving average of $42.80 and a 200 day simple moving average of $39.33. The company has a market cap of $12.86 billion, a P/E ratio of 82.05, a P/E/G ratio of 2.85 and a beta of 0.73. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $54.01.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the firm posted $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. Equities research analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DT shares. DA Davidson lifted their target price on shares of Dynatrace from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Weiss Ratings raised shares of Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. UBS Group upgraded Dynatrace from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $36.00 to $60.00 in a report on Monday, June 15th. Guggenheim cut Dynatrace from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Dynatrace in a research note on Tuesday, July 21st. 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $49.42.

Dynatrace Company 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.