Louisiana State Employees Retirement System Acquires New Position in Dynatrace, Inc. $DT

Louisiana State Employees Retirement System acquired a new stake in Dynatrace, Inc. (NYSE:DT) in the first quarter, HoldingsChannel.com reports. The fund acquired 86,500 shares of the company’s stock, valued at approximately $3,199,000.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. increased its holdings in shares of Dynatrace by 37.7% in the first quarter. Blue Trust Inc. now owns 10,376 shares of the company’s stock valued at $384,000 after purchasing an additional 2,839 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in Dynatrace by 18.0% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 9,042 shares of the company’s stock valued at $334,000 after buying an additional 1,381 shares in the last quarter. Brown Lisle Cummings Inc. grew its holdings in Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after buying an additional 547 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Dynatrace by 80.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,078,560 shares of the company’s stock worth $39,885,000 after acquiring an additional 480,734 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of Dynatrace by 1,160.8% in the 1st quarter. SG Americas Securities LLC now owns 924,069 shares of the company’s stock worth $34,172,000 after acquiring an additional 850,774 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Trading Up 7.4%

NYSE DT opened at $43.27 on Friday. The stock has a market cap of $12.61 billion, a PE ratio of 80.14, a P/E/G ratio of 2.78 and a beta of 0.75. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $57.55. The stock has a fifty day simple moving average of $39.57 and a 200-day simple moving average of $39.31.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. Dynatrace’s revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Research analysts predict that Dynatrace, Inc. will post 1.12 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DT. Scotiabank lowered their price target on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a research report on Thursday, May 14th. Barclays cut their price objective on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. JPMorgan Chase & Co. decreased their target price on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Rosenblatt Securities dropped their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Finally, UBS Group raised shares of Dynatrace from a “neutral” rating to a “buy” rating and increased their price target for the company from $36.00 to $60.00 in a research note on Monday, June 15th. Twenty-two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $47.88.

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.