Dynatrace (NYSE:DT) Research Coverage Started at KeyCorp

KeyCorp started coverage on shares of Dynatrace (NYSE:DT) in a research note published on Tuesday morning, MarketBeat.com reports. The firm issued an overweight rating and a $69.00 target price on the stock. KeyCorp also issued estimates for Dynatrace’s Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.20 EPS, FY2026 earnings at $0.81 EPS, Q1 2027 earnings at $0.23 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.25 EPS, Q4 2027 earnings at $0.24 EPS and FY2027 earnings at $0.97 EPS.

Several other equities research analysts have also recently commented on DT. Morgan Stanley set a $55.00 price objective on Dynatrace in a research report on Thursday, May 15th. Barclays boosted their target price on Dynatrace from $55.00 to $62.00 and gave the stock an “overweight” rating in a research report on Thursday, May 15th. Jefferies Financial Group reiterated a “buy” rating on shares of Dynatrace in a report on Wednesday, May 14th. The Goldman Sachs Group increased their target price on Dynatrace from $56.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, May 15th. Finally, Royal Bank of Canada increased their target price on shares of Dynatrace from $55.00 to $60.00 and gave the stock an “outperform” rating in a report on Thursday, May 15th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

Dynatrace Trading Up 0.3%

DT stock opened at $54.02 on Tuesday. The stock has a market cap of $16.19 billion, a P/E ratio of 33.76, a P/E/G ratio of 7.05 and a beta of 0.92. Dynatrace has a 1-year low of $39.30 and a 1-year high of $63.00. The stock’s fifty day simple moving average is $49.16 and its two-hundred day simple moving average is $52.65.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $445.17 million for the quarter, compared to analysts’ expectations of $435.14 million. Dynatrace had a net margin of 29.51% and a return on equity of 8.98%. Dynatrace’s revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.30 EPS. As a group, analysts forecast that Dynatrace will post 0.68 earnings per share for the current fiscal year.

Insider Activity at Dynatrace

In related news, EVP Dan Zugelder sold 15,824 shares of the company’s stock in a transaction on Monday, June 9th. The shares were sold at an average price of $54.52, for a total value of $862,724.48. Following the sale, the executive vice president now directly owns 17,242 shares of the company’s stock, valued at $940,033.84. This represents a 47.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.59% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dragoneer Investment Group LLC acquired a new position in Dynatrace in the fourth quarter valued at about $242,380,000. Alyeska Investment Group L.P. acquired a new stake in shares of Dynatrace in the fourth quarter valued at about $204,000,000. Norges Bank acquired a new stake in Dynatrace in the fourth quarter valued at $192,284,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Dynatrace by 79.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock worth $329,477,000 after acquiring an additional 3,092,576 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Dynatrace in the fourth quarter valued at about $102,209,000. Institutional investors own 94.28% of the company’s stock.

Dynatrace Company 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.