Dynatrace, Inc. $DT Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA grew its position in Dynatrace, Inc. (NYSE:DT) by 12.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,293,302 shares of the company’s stock after buying an additional 1,531,104 shares during the quarter. Dynatrace accounts for 0.8% of Pictet Asset Management Holding SA’s holdings, making the stock its 21st largest holding. Pictet Asset Management Holding SA owned about 4.95% of Dynatrace worth $825,243,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in DT. Heritage Family Offices LLP bought a new position in Dynatrace during the 3rd quarter worth about $134,000. Allegiance Financial Group Advisory Services LLC purchased a new position in Dynatrace during the 3rd quarter valued at about $392,000. Kestra Advisory Services LLC bought a new stake in shares of Dynatrace in the 3rd quarter valued at about $493,000. Boston Trust Walden Corp raised its holdings in shares of Dynatrace by 31.2% in the 3rd quarter. Boston Trust Walden Corp now owns 1,719,609 shares of the company’s stock valued at $99,290,000 after purchasing an additional 409,003 shares in the last quarter. Finally, AIA Group Ltd purchased a new stake in shares of Dynatrace in the 3rd quarter worth approximately $4,637,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction 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. The trade was a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. 0.69% of the stock is currently owned by company insiders.

Trending Headlines about Dynatrace

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 Stock Performance

DT stock opened at $43.42 on Friday. The firm has a market cap of $12.46 billion, a price-to-earnings ratio of 80.40, a PEG ratio of 2.95 and a beta of 0.76. The firm has a 50-day simple moving average of $57.24 and a two-hundred day simple moving average of $44.70. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $66.30. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.21 and a current ratio of 2.09.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. The firm had revenue of $579.92 million for the quarter, compared to the consensus estimate of $568.03 million. Dynatrace had a net margin of 7.42% and a return on equity of 12.73%. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS. On average, equities analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Dynatrace declared that its Board of Directors has authorized a stock buyback program on Tuesday, November 3rd that allows the company to buy back $1 billion in shares. This buyback authorization allows the company to buy up to 6.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on DT shares. Oppenheimer increased their price objective on shares of Dynatrace from $60.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, September 24th. BNP Paribas Exane raised shares of Dynatrace from a “neutral” rating to an “outperform” rating and set a $75.00 price objective for the company in a research note on Thursday, October 8th. Zacks Research lowered Dynatrace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Morgan Stanley upgraded Dynatrace from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $58.00 to $65.00 in a report on Tuesday, August 25th. Finally, Weiss Ratings raised Dynatrace from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Twenty-four investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $62.00.

Dynatrace Company Profile

Dynatrace, Inc provides a software intelligence platform for monitoring and managing complex digital environments. Its platform helps organizations observe applications, infrastructure, cloud services and user experiences, and analyze performance and operational data.

The company’s offerings include application and infrastructure monitoring, log management, digital experience monitoring, application security and business analytics. Dynatrace also incorporates artificial intelligence and automation to help identify the causes of problems and support responses to them.

Founded in 2005, Dynatrace serves organizations around the world across industries.